New Zealand's biggest city prepares to welcome Chinese investment

   Apr 23, 1:11 pm

Wellington, Apr 23 (Xinhua-ANI): Chinese companies could soon be investing in infrastructure projects in New Zealand's biggest city, Auckland Mayor Len Brown said Monday.

Brown has just returned from leading 28 Auckland businesses on a 10-day, five-city trade mission to China, visiting Auckland's sister cities Guangzhou, Qingdao and Ningbo as well as Beijing and Shanghai.

"It is critically important for us and Auckland businesses to be in China building these relationships. It cannot be done from behind a desk in Auckland," said Brown in a statement.

"I've seen influential new connections made, existing relationships strengthened and clear commercial deals moving into place."

Auckland could be in a position to gain from Chinese capital funding towards some of the region's key infrastructure projects, he said.

"We have seen that a lot of people want to invest in a range of business areas in Auckland, and we will have to work hard with them to ensure we achieve the best possible outcomes."

The delegation, representing key economic sectors, including education, film and animation, tourism, biotech, investment and infrastructure, was supported by New Zealand's Ministry of Foreign Affairs and Trade.

The delegates attended business seminars and briefings, networking sessions, site visits, and accompanied Brown to a number of high profile civic events.

Some of the outcomes included Auckland city's tourism and development arm being invited to attend the Ningbo Trade and Investment Forum, as well as a series of reciprocal visits with at least three Chinese groups coming to Auckland next month.

A memorandum of understanding signed between Film Auckland and the Beijing Film Academy Modern Creative Media College in Qingdao would see a New Zealand Film Week established in Qingdao from 2013.

Brown also signed a letter of intent with the Shanghai Mayor Han Zheng to forge mutually beneficial friendly relations, and had a meeting with Beijing Mayor Guo Jinlong.

"Whether we are strengthening relationships with our sister cities or breaking new ground with the powerhouses of Shanghai and Beijing, these are vital connections for Auckland and the platform for a whole new world of economic opportunity," said Brown. (Xinhua-ANI)

IT officers responsible for recovering every rupee due to government: Jaitley May 25, 1:12 pm
New Delhi, May 25 (ANI): Union Finance Minister Arun Jaitley on Monday praised income tax officials for achieving a nine percent growth in direct tax collections in the previous year when the economy was recovering from a slowdown and said they have a responsibility to recover every Rupee that is due to the government.
Full Story
Toshiba establishes committee to monitor appropriateness of projects May 24, 5:16 pm
Tokyo, May 24 (ANI): Toshiba Corporation has established an Independent Investigation Committee to check the appropriateness of the projects undertaken by the company.
Full Story
Govt. has exceeded expectations in one year': CII May 22, 10:44 pm
New Delhi, May 21 (ANI): Asserting that the present dispensation has achieved more in the first year than any other government has achieved in their first year, Confederation of Indian Industry (CII) President Sumit Mazumder has said that economic strategies and deliverables have gained huge momentum under Prime Minister Narendra Modi's leadership.
Full Story
Afghan rugs gaining popularity in India May 22, 12:19 pm
New Delhi, May 22 (ANI): Hand made Afghan carpets, which are known for their unique designs, are hugely popular in India.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY