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Studying in New Zealand Interprets the General Situation of New Zealand Economy
General situation of economy

New Zealand is an economically developed capitalist country and one of the richest countries in the world. Its GNP is 600 USD, ranking 45th in the world, and its per capita GNP is 65,438 USD+07,045 USD, ranking 32nd in the world. New Zealand is typical? Three highs? Countries (that is, high welfare, high consumption and high inflation) are highly dependent on exports. Teacher Xia Feng, the chief consultant for studying abroad in New Zealand, said that due to the lack of competitiveness of New Zealand's manufacturing products in the international market, the economic source mainly depends on the export of agricultural and livestock products.

natural resource

New Zealand is recognized as one of the most developed animal husbandry countries in the world. It produces all kinds of meat products at low prices and is quite competitive internationally. New Zealand is the world's largest exporter of wool and mutton. New Zealand is rich in cheese, and 25% of the global cheese demand is supplied by New Zealand.

New Zealand has the fourth largest professional fishing area in the world. Although this resource has not been fully utilized at present, the development potential of fishery, aquaculture farm and seaweed processing industry is amazing because of the different water temperatures and natural clean environment formed by vast waters.

New Zealand is located in temperate zone and subtropical zone, and there are many kinds of fruits and vegetables that can be planted. Vegetable export revenue has surged in recent years, with kiwifruit accounting for 1/2.

For many years, New Zealand's crops have enjoyed a competitive advantage because of their low production costs. Coupled with many unique conditions such as temperature and soil, agricultural products are pollution-free, and food processing and export have great development potential.

New Zealand is rich in hydropower resources, and hydropower can meet the domestic 17% energy demand. New Zealand has about 800 million tons of coal and 56 million barrels of oil, as well as four natural gas, two large oil fields, geothermal resources and a unique synthetic fuel plant in the world. Because of its abundant reserves, New Zealand does not need nuclear energy in the short term. According to experts from New Zealand, the energy price is very cheap because of the use of low-cost hydropower and coal to generate electricity.

agriculture

In New Zealand, agriculture is generally divided into two major sectors, namely, animal husbandry and planting. Agriculture and animal husbandry play an extremely important role in New Zealand's national economy. It not only provides raw materials for domestic processing industry, but also the foreign exchange needed for imported materials is mostly compensated by exporting animal products. Animal husbandry in New Zealand has a long history and is very developed, and its output value accounts for more than 70% of the total export value. New Zealand's natural conditions are conducive to the development of animal husbandry. New Zealand is located in a temperate maritime climate zone, which is warm in winter and cool in summer. In winter, except for a few areas in South Island, the temperature in most areas is between 4 ~ 10 degrees Celsius, and the precipitation is abundant and evenly distributed, which provides hydrothermal conditions for the annual growth of animal husbandry. Animal husbandry in New Zealand is dominated by open grazing, which is different from developed capitalist countries in Europe and America that rely on a large number of feed crops or imported feed to develop animal husbandry.

industry

New Zealand's modern industry is developed on the basis of handicraft industry. For the needs of colonial rule, European colonists set up factories here to process local raw materials. The handicraft industry in New Zealand has gradually developed into a factory manufacturing industry.

World War II stimulated the development of New Zealand industry. The post-war New Zealand government's policy of restricting imports in many industries, coupled with the increasing domestic demand, promoted the further development of the industry.

The food industry is the most important industrial sector in New Zealand, ranking first among all manufacturing industries. The food industry mainly exports meat processing, followed by dairy products that produce butter, cheese and milk powder.

New Zealand has a vast forest area, especially the rapid development of artificial forests and rich sources of wood, which has promoted the development of forest products processing industry. Now the annual output value of this industry is S $400,000, making it the third largest manufacturing industry in New Zealand.

New Zealand's textile industry is relatively developed, and the output value of 1979 accounts for 4% of the total manufacturing output value. The textile industry is dominated by wool spinning, and its output value accounts for half of the textile industry's output value. Wool spinning industry is one of the oldest departments in New Zealand, and its production scale is not large. Besides producing some wool textiles, it mainly processes wool for export. Recently, due to the increasing demand for carpets in the international market, carpet manufacturing has made great progress.

tourism

New Zealand, a country surrounded by the sea, attracts more and more tourists from all over the world because of its unparalleled natural beauty and geographical location in the deep South Pacific.

foreign trade

1984 after new Zealand became a member of GATT, the import license system was abolished and the tariff policy was relatively loose. At present, New Zealand implements an open and free trade policy, which makes its foreign trade expand continuously.

Tariffs in New Zealand are generally low. If you import products not made in New Zealand, your tariff will be zero. However, in order to keep the island clean, New Zealand has strict customs quarantine on imported animals and plants.

New Zealand's main trading partners are Australia, Japan and the United States. Agriculture plays an important role in the national economy, and fruits and vegetables are self-sufficient. Animal husbandry has a long history and is very developed, and its output value accounts for more than 70% of the total export value.

New Zealand produces many world-class products. For example, as we all know, New Zealand's milk and milk powder are world-class. Dairy products, butter, ice cream and chocolate produced in New Zealand are exported to Australia, Europe and the United States, which are well received by the international market.

New Zealand's high-quality products can last for a long time in the international market, which may mainly benefit from New Zealand's excellent water quality resources. There are many inland lakes in New Zealand, and the melting water from the snow on the top of the mountain is rich in minerals. The water is clear, sweet and delicious. In today's increasingly serious natural environmental pollution, products produced with such excellent water quality will naturally be warmly welcomed by all countries.

New Zealand's sheep oil skin care products are also world-class. Many tourists who come to New Zealand always buy a lot of sheep cosmetics from New Zealand and return home. These are the best gifts for colleagues, friends or family. The pulp, paper and forest products produced in New Zealand are also of high quality. New Zealand exports a lot of timber, most of which are exported to Japan, China, Taiwan Province Province and Australia.