Liao gave a detailed briefing on the steady progress with stability of China’s economy. He noted that since the establishment of diplomatic relations more than 50 years ago, China and New Zealand have maintained sound and stable relations. He expressed the hope for working together with the New Zealand side to strengthen cooperation in the fiscal and financial fields so as to contribute to the development of the China-New Zealand comprehensive strategic partnership.

Austin stated that New Zealand attaches great importance to developing its relations with China and is willing to further enhance exchanges and cooperation with China’s Ministry of Finance, thereby enriching the substance of bilateral cooperation.