WELLINGTON, April 18 (Xinhua) -- Leading Chinese agribusiness representatives will gather in Auckland next month for a new event to promote New Zealand agricultural technology, products and services.
The inaugural China-New Zealand Agribusiness Investment and Trade Conference on May 25 would include "match-making" meetings for New Zealand companies with Chinese counterparts who had matching business needs, the Bank of China's New Zealand subsidiary announced Monday.
The growth potential for New Zealand agricultural industry was immense, while innovators operating in the supply chain and logistics sectors were also substantial, according to the Bank of China (NZ), which is holding the event.
"By hosting 70 Chinese agricultural companies here, we aim to introduce local agribusinesses to people who can potentially help them access the Chinese market and grow their business," Bank of China (NZ) chief executive officer David Lei Wang said in a statement.
Despite China's agricultural output being the largest in the world, it was set to become the largest importer of farm products due to its arable land constraints and housing over 20 percent of the world's population.
China was forecast to import 150 billion U.S. dollars worth of chicken, pork and beef by 2020, while water constraints were predicted to significantly impact horticultural production.
China's Ministry of Agriculture was talking up the need for more imported lamb in the next five years in anticipation of domestic demand growth.
"Food safety and health benefits, including growing demand for organic and gourmet produce, are increasingly important factors among China's middle class. New Zealand's reputation for clean, innovative and efficient production provides it a powerful competitive edge in a highly competitive international market," Wang said.
The New Zealand government was aiming to increase exports from 30 percent of GDP to 40 percent by 2025 and agribusinesses would be a critical component in reaching its target.
Prime Minister John Key is currently visiting China to discuss upgrading the existing free trade agreement between the two countries.
The one-day conference would be supported by the New Zealand government's New Zealand Trade and Enterprise agency and the Chinese Chamber of Commerce in New Zealand.
Manchester City's Argentinian striker Sergio Aguero (No.16) vies with Liverpool's Croatian defender Dejan Lovren during their English Premier League match in Liverpool on Sunday. Photo: CFP
Philippe Coutinho scored a sensational winning goal as Liverpool beat Manchester City 2-1 on Sunday to close on the Premier League top four and dent their opponents' title -defense.
The Brazilian produced a tremendous finish from 25 yards (22.86 meters) at Anfield to settle a game of immense quality after City striker Edin Dzeko had canceled out an equally spectacular opener from Jordan Henderson.
It was a victory that moved Liver-pool up to fifth place in the -table and cast serious doubt over whether reigning champions City can now offer -Chelsea a realistic challenge for top spot.
Manuel Pellegrini's side are now five points behind the -leaders having played a game more than the Londoners adidas superstar hvid tilbud , who did not feature in league -action this weekend due to their League Cup final with Tottenham Hotspur.
This was an entertaining contest from the first whistle, with the hosts going close when Adam Lallana ran onto Coutinho's through ball but could only shoot straight at Joe Hart.
Liverpool took the lead with their next attack in the 11th minute as Henderson received Raheem Sterling's pass before curling a fine shot from outside the box into the top-right corner.
City looked to respond immediately adidas nmd xr1 tilbud , with David Silva's pass splitting the home defense and Sergio Aguero's shot coming back off the post.
It was an open contest and Liverpool responded to City's chance through Coutinho, who fired over on the break adidas nmd runner tilbud , while Alberto Moreno's energetic run resulted in a wayward shot.
City drew level on 26 minutes with a goal that owed a lot to Aguero's trickery on the edge of the area as he found the unmarked Dzeko, who produced a composed finish beyond Simon Mignolet from 10 yards out.
Coutinho worked Hart again from 20 yards and was then involved in a well-worked move adidas nmd r2 tilbud , finding Lallana, who back-heeled to Sterling adidas nmd r1 tilbud , only for the England forward to lose his footing at the crucial moment.
The breakneck pace continued in the second half, with Aguero heading agonizingly just over for the visitors from Pablo Zabaleta's cross.
Then Sterling's scrambled shot flew fractionally wide after Lallana appeared to have laid a goal on a plate for him.
The game finally settled down midway through the second half and it appeared both sides were finally showing the effects of their mid-week European defeats.
Lallana was unable to hit the target with an acrobatic shot from a Lazar Markovic cross adidas nmd human race tilbud , but the hosts started to look the most likely to get the third goal of the game.
And it was Coutinho who provided the decisive moment, cutting infield from the left and arcing a glorious shot over Hart to claim his fifth goal of the campaign.
SEOUL, March 24 (Xinhua) -- A warning sign came on for South Korea's massive household debts as the portion of high-risk household debts increased in the past year amid rising expectations for heavier borrowing costs, central bank report showed on Friday.
Debts owed by so-called high-risk households amounted to 62 trillion won (55 billion U.S. dollars), or 7.0 percent of the total, in 2016, according to the Bank of Korea (BOK)'s report on financial stability.
It was up from 5.7 percent, or 46.4 trillion won, of the total tallied in 2015.
The high-risk households refer to those holding more debts than the value of.