"It was a fantastic meal. I'm not losing any weight in China."
It was a relatively intimate meal with just 9 people from each country attending.
Mr Key said the pair discussed a wide range of topics, including the lift of the trade target to $30 billion.
He said the President had also said China had a long term interest in partnering with New Zealand.
The primary reason for the trip was to tender explanations of how New Zealand had dealt with the fallout from the botulism scare. He said China's leadership accepted it was a false scare, and the agreement by both Premier Li Keqiang and the President to meet was evidence they accepted New Zealand's assurances. The last New Zealand Prime Minister to Although China's leaders have not said so publicly, Mr Key said those meetings and the dinner clearly signalled that China was happy with the way New Zealand had responded.
Mr Key has faced questions about Justice Minister Judith Collins throughout the trip, but did not believe it had overshadowed it. He said the government had achieved direct convertibility of the currency, set a new trade target of $30 billion, and invested more resources in China.
"My own guess, and I may be proved wrong, is there will be a bunch of New Zealanders who look at what I'm doing and say 'at least the bloke's trying to advance things for New Zealand.
They're probably a lot more interested in that in the Labour Party who have got themselves down in the weeds and are just not focused on issues that matter. That's politics, and when we go to the polls in September, we will see who they think has done a better job."
Mr Key arrived in Shanghai this morning where he will spend a day on tourism promotions before travelling to Hong Kong.