Taylor scored 62 off 43 balls, with three fours and three sixes.
Taylor came to the crease after New Zealand, who chose to bat first, had lost two early wickets and he shared a 70-run stand for the third wicket with Peter Fulton (25).
The 23-year-old then added 51 off 36 balls with Jacob Oram for the sixth wicket. Oram finished with 33 not out off 19 balls with a pair of sixes, as New Zealand's innings ended with some destructive hitting.
Both teams have alredy qualified for the next round of the competition.
Kiwis elect to bat first against Sri Lanka