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China will continue to support capable businesses in seeking investment opportunities in New Zealand, and the two nations should accelerate talks over upgrading their bilateral free-trade agreement, Xi said.
China's auto market, hit by COVID-19, began to recover in April thanks to unleashed pent-up demand and supportive policies, with sales rising by 4.4 percent year-on-year, which ended the contraction streak over the previous 21 months, according to CAAM.
China's GDP was stable in the first quarter but March data points to weakness ahead, led by the eased growth of industrial production and slowed fixed asset investment. The PPI rose 3.1 percent year-on-year in March down from 3.7 percent in February, according to the National Bureau of Statistics.
China's centrally administered SOEs earned 8 billion in profit in 2017, up 15.2 percent year-on-year.
China's auto industry has been booming, becoming the world's largest auto producer. Over half of Harman's orders come from the auto sector.
