BEIJING: China and New Zealand have inked a series of agreements aimed at boosting trade between the two nations as Prime Minister Chris Hipkins embarked on a multi-day visit to China to stimulate economic growth and help steer his country out of an election-year recession.
After meeting with Chinese President Xi Jinping on Tuesday, Hipkins continued his diplomatic efforts on Wednesday, holding talks with Premier Li Qiang at the Great Hall of the People in Beijing. Welcomed by a 48-member band from the People’s Liberation Army, Hipkins refrained from dwelling on contentious issues such as China’s human rights record, tensions over Taiwan, and Beijing’s implicit support for Russia’s incursion into Ukraine. Instead, he emphasized the importance of economic ties between the two countries.
Highlighting the substantial trade relationship valued at over NZ$40 billion annually, Hipkins stressed the need to reinforce the economic connections between China and New Zealand. Premier Li warmly welcomed Hipkins as a “young and promising politician” and expressed gratitude for his visit despite being in office for less than half a year.
China and New Zealand Agree to Boost Trade Cooperation
According to Chinese state media, both sides agreed to enhance trade cooperation and expand collaboration in areas such as e-commerce and the green economy. They also committed to establishing a dialogue mechanism on new energy vehicles. The joint declaration highlighted the intention to strengthen cooperation on food security, agriculture, and explore negotiations on a “negative list” services framework later this year.
While China’s relations with the United States and some Western countries have been strained, New Zealand has historically maintained a conciliatory approach towards China. Last year, the country upgraded its free trade pact with China, underscoring their commitment to bilateral economic ties.
During the meeting, President Xi assured Hipkins that China views New Zealand as a “friend and partner” and expressed readiness to foster a comprehensive strategic partnership. Acknowledging the criticism faced domestically, Hipkins underscored the importance of a strong economic relationship with China in facilitating New Zealand’s economic recovery.
New Zealand’s economy experienced a recession earlier this year due to a decline in exports and a slowdown in the crucial agriculture industry. While concerns over dependence on trade with China have been raised by Wellington’s Western allies, addressing areas of difference, such as human rights, in a respectful manner has been a priority for Hipkins. He also urged China to use its influence to encourage Russia to adhere to its international obligations and halt its illegal actions in Ukraine.
