Economic moves by China benefit NZ: trade minister

10:10, February 01, 2010      

Email | Print | Subscribe | Comments | Forum 

New Zealand Trade Minister Tim Groser believed China's plans to raise domestic consumption while reducing its reliance on exports and investment, would economically benefit New Zealand.

New Zealand has a free trade agreement with China.

Groser was in Switzerland for the World Trade Organization trade ministers meeting.

He said to New Zealand media that exports to China had gone up by almost 48 percent in the past year, so this latest development could only be good for New Zealand.

Groser said that was a 1.1 billion NZ dollars (780 million U.S. dollars) increase.

Source: Xinhua
  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
Major headlines
Editor's Pick
  • Bhubaneswar, Temple City of India
  • Miss America 2010 held in Las Vegas
  • Have a nice trip, migrant workers!
  • Taylor Swift at 52nd annual Grammy Awards in L.A.
  • Traffic accident due to heavy fog involves over 20 vehicles
  • People welcome the year of tiger in SE China's Fujian Province
Most Popular
Hot Forum Dicussion