Delegates of New Zealand and China have concluded three-day talks of the third round of Free Trade Agreement (FTA) negotiations on Friday in Wellington.

Chinese delegates told Xinhua that the two sides held discussions on trade, service and investment issues and "made positive progress in many areas."

They agreed that the next round of talks will be held in Beijing in July, 2005.

China and New Zealand kicked off FTA talks on Dec. 6, 2004. New Zealand recognized, as the first developed country, China's market economy status in April 2004.

Source: Xinhua