ing, and the two witnessed the signing of four cooperative documents to pr
omote cooperation in tax issues, agriculture, finance and science at a signing cer
emony. A joint declaration on climate change was also released after their meeting.
Zhao Jianglin, a researcher of Asia-Pacific economic studies at the Chinese Academy of Social Sciences, said the visit by Ardern
will provide a timely boost to China-New Zealand relations after the dispute over the use of Chinese telecom equipment.
China has been a key trade partner with New Zealand, which could also provide important s
upport to the Belt and Road Initiative and China’s relations with countries in the South Pacific, she said.
A price cut swept China’s many sectors on Monday, as value-added tax rate reduction officially kicked in.
This year’s Government Work Report, which was released las
t month, said the rate bracket of 16 percent in manufacturing and other industries will