Economic Strategy

Strategic Framework

The purpose of CEDS is to identify long term growth goals and priorities to 2031 that will create a stronger economy and better quality of life.

The economic development planning ensures that resources, business and investment decisions are steered towards a common set of objectives intended to improve economic outcomes. By setting a common course, engaging with the business community and investing in shared goals, better outcomes will be achieved.

Vision:

Our vision for the economy of Christchurch is that in 2031 Christchurch is recognised as the best place for business, work, study and living in Australasia.

Goals:

To achieve the vision, by 2031 our goals are:

  • Christchurch has the best economic ranking against Tier Three cities in Australasia. Quality of living matches a Tier Two city in Australasia
  • Total GDP has grown by 54% to $15.4bil (GDP per capita by 27%)
  • Exports to China have increased by 140%, reaching $719mil by 2031
  • In 2031, 20% of the working age population is employed in current high-growth sectors: High Value-Added Manufacturing; Technology; Professional Services; AgriTech and Health Research and Development
  • The proportion of the working age population with a post-high school qualification has increased from 40% to 45%. The proportion of the working age population with a Bachelor qualification or higher has increased from 20% to 26%

The Big 5

Keeping the City Competitive

To view the 74 projects that fall under these priorities, please click here.