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Palestine President Mahmoud Abbas will begin a state visit to another BRICS nation, South Africa, on Wednesday.
Yili announced last Friday it will invest 2 billion yuan ($327 million) in four dairy projects in New Zealand.
Singapore is China's largest foreign investor.
The Chinese envoy to the IAEA says gaps remain in defining the scale of Iran's uranium enrichment.
Negotiations for the trilateral FTA were launched in November 2012.
Because of its strategic position next to India and protests against Chinese rule by exiled Tibetan groups, the region is highly sensitive.
NZ dollar has become the 6th foreign currency to trade globally with the Chinese yuan.
The $11.97 billion contract is China's single largest overseas contract project, the CRCC said.
Australia has earlier sided with the EU and US on differences with China over conservation of the Antarctic.
China and Russia, in recent years, have seen unprecedented cooperation on key international issues.
