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Property business to be top of list for Chinese delegation to New Zealand

Wang Shi, chairman of Shenzhen-listed Vanke, China's largest residential property developer, is among a number of leading Chinese and Hong Kong business people attending a conference next month in Auckland aimed at increasing New Zealand's business ties with China.

Also there will be Song Lin, chairman of China Resources Holdings, the parent company for a string of Hong Kong and mainland China-based companies whose businesses include a large portfolio of coal-fired power stations, microelectronics, and real estate.

The four day forum aims to provide window of opportunity for visiting Chinese entrepreneurs and investors to explore commercial and business opportunities in New Zealand as well as to understand New Zealand's approach to sustainable development, according to organisers Raymond and Maggie Chen.

The conference will also offer New Zealand business people a chance 'to learn more about the opportunities, as well as challenges, of doing business in China'.

Meanwhile, Massey University and the Asia New Zealand Foundation have just launched a survey to find out how the Chinese do business in Auckland.

The study's head, Professor Paul Spoonley of Massey's College of Humanities and Social Sciences in Albany, said: 'This will be of mutual benefit in helping to grow and enhance business dealings across ethnic lines and in breaking down the prejudice that prohibits Chinese advancement.'

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