Made in China 2025 from New Zealand perspectives

Made in China 2025 from New Zealand perspectives

Policy Explained
[caption id="attachment_562" align="aligncenter" width="881"] A technician debugs a robot in Rui'an City, east of China's Zhejiang province in January this year. The government’s “Made in China 2025” strategy for industrial modernisation aims to support the country’s transformation from a manufacturing hub into one of the next-generation technological breakthroughs.[/caption] The trigger of US-China trade war On the same day that the Trump administration announced $60 billion in tariffs against China, the Office of the United States Trade Representative (USTR) dropped the results of its Section 301 investigation into China’s unfair trade practices. The nearly 200-page report presents a searing indictment of China’s disregard for intellectual property, discrimination against foreign firms, and use of preferential industrial policies to unfairly bolster Chinese firms. Interestingly, the report singles out one Chinese government initiative, in particular, as a prime…
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Massive opportunities for NZ in China

Massive opportunities for NZ in China

Market Information
[caption id="attachment_375" align="aligncenter" width="330"] The stable Chinese economic growth secured massive opportunities for NZ companies in China[/caption] The strong trade growth between NZ and China Liz MacPherson, a Government Statistician, explained the 2017 trade with China statistics this month. New Zealand’s two-way trade with China increased more than three-fold in the past decade, Stats NZ said today. It climbed from $8.6 billion in 2007 to $26.1 billion in the December 2017 calendar year. Two-way trade is the total value of goods and services imported and exported between two countries. China narrowly shifted above Australia as New Zealand’s largest trading partner for goods and services in the December 2017 year. October 2018 will mark the 10-year anniversary of the New Zealand–China free trade agreement coming in to force. New Zealand had…
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