Joint study on the FTA between China & New Zealand
Joint Study Report on the Free Trade Agreement between China and New Zealand
NZ Ministry of Foreign Affairs and Trade
20 November 2004
Executive Summary
Chapter One: Introduction
– 1.1 Overview of bilateral economic relations
– 1.2 Trade and Economic Cooperation Framework
– 1.3 Objectives and structure of the study
– 1.4 Exchange rates and statistics used in this study
Chapter Two: Trade and economic relations between China and New Zealand and international context
– 2.1 The Chinese and New Zealand economies
2.1.1 The Chinese economy
2.1.2 The New Zealand economy
2.1.3 The complementary relationship between the two economies
– 2.2 Trends in two-way goods trade
2.2.1 China’s imports from New Zealand
2.2.2 New Zealand’s imports from China
– 2.3 Trends in two-way services trade
– 2.4 Two-way investment
– 2.5 Trends in economic cooperation
– 2.6 International context
Chapter Three: Impact of trade liberalisation in goods
– 3.1 An overview of trade policies applying to trade in goods
3.1.1 Tariffs
3.1.2 Other aspects of trade policy
3.1.3 Rules of Origin
3.2 Trade trends in specific sectors
3.2.1 Agriculture
3.2.1.1 Tariffs applying to agricultural products
3.2.1.2 Other policies affecting trade in agricultural products
3.2.1.3 Impacts of trade liberalisation
3.2.2 Fisheries
3.2.2.1 Tariffs applying to fisheries products
3.2.2.2 Other policies affecting trade in fisheries products
3.2.2.3 Impacts of trade liberalisation
3.2.3 Forestry
3.2.3.1 Tariffs applying to forestry products
3.2.3.2 Other policies affecting trade in forestry products
3.2.3.3 Impacts of trade liberalisation
3.2.4 Manufacturing
3.2.4.1 Tariffs applying to manufactured products
3.2.4.2 Other policies affecting trade in manufactured products
3.2.4.3 Impacts of trade liberalisation
3.2.5 Environmental Goods
– 3.3 Overall impact of liberalising trade in goods
Chapter Four: Impact of trade liberalisation in services
– 4.1 An overview of trade policies applying to services
– 4.2 Trade trends in specific sectors
4.2.1 Tourism
4.2.2 Education
4.2.3 Professional services
4.2.4 Construction and related engineering services
4.2.5 Transport services
4.2.6 Environmental services
4.2.7 Insurance and financial services
4.2.8 Audio-visual services
4.2.9 Agriculture and horticulture (Agritech) services
4.2.10 Other services
– 4.3 Overall impact of liberalising trade in services
Chapter Five: Impact of investment liberalisation
– 5.1 An overview of investment policy and measures
– 5.2 Overall impact of liberalising investment
5.2.1 Strengthening investor confidence in bilateral investment
5.2.2 Promoting bilateral investment
5.2.3 Promoting investment from international investors
5.2.4 Increased cooperation in investment promotion
– 5.3 Possible future investment opportunities
5.3.1 Cooperation in developing the western and north-east regions of China
Chapter Six: Strengthening bilateral cooperation
– 6.1 Capacity building
6.1.1 Introduction
6.1.2 Current policies
6.1.3 Areas of future cooperation
– 6.2 Customs facilitation
6.2.1 Introduction
6.2.2 Current policies
6.2.3 Areas of future cooperation
– 6.3 E-commerce
6.3.1 Introduction
6.3.2 Current policies
6.3.3 Areas of future cooperation
– 6.4 Intellectual property
6.4.1 Introduction
6.4.2 Current policies
6.4.3 Areas of future cooperation
– 6.5 Sanitary and phytosanitary measures
6.5.1 Introduction
6.5.2 Current policies
6.5.3 Areas of future cooperation
– 6.6 SME cooperation
6.6.1 Introduction
6.6.2 Current policies
6.6.3 Areas of future cooperation
– 6.7 Technical regulations and standards
6.7.1 Introduction
6.7.2 Current policies
6.7.3 Areas of future cooperation
– 6.8 Temporary entry/mobility of business people
6.8.1 Introduction
6.8.2 Current policies
6.8.3 Areas of future cooperation
– 6.9 Trade and investment promotion
6.9.1 Introduction
6.9.2 Current policies
6.9.3 Areas of future cooperation
Chapter Seven: Other issues
– 7.1 Competition policy
7.1.1 Introduction
7.1.2 Current policies
7.1.3 Areas of future cooperation
– 7.2 Government Procurement
7.2.1 Introduction
7.2.2 Current policies
7.2.3 Areas of future cooperation
Chapter Eight: modelling the effects of an FTA between China and New Zealand
– 8.1 The modelling approach
– 8.2 Dynamic productivity effects
– 8.3 The macroeconomic effects
– 8.4 Bilateral Trade: Merchandise Goods
– 8.5 Bilateral Trade: Services
– 8.6 Bilateral Investment
Chapter Nine: Recommendations and Conclusion