China has firmly established itself as New Zealand's foremost trading partner, with bilateral trade reaching nearly NZ$38 billion in 2023—a significant increase since the Free Trade Agreement (FTA) between the two nations came into effect in 2008.
In his address at the 2024 China Business Summit in Auckland, Prime Minister Christopher Luxon emphasised the importance of New Zealand businesses being "nimble" and "responsive" to market demands in China.