presentation paper here - Denmark in China

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CBS CHINA DAY

7 NOVEMBER 2014

AMBASSADOR FRIIS ARNE PETERSEN

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

AGENDA

1. China’s economic transformation

• China’s future growth

China as a leading economic force

2. Danish-Chinese relationship

• Denmark as a player in the Chinese marked

3. Economic diplomacy in China

• The connection between politics and commercial affairs

Why is Denmark interesting from a Chinese perspective?

4. Studying in China

• Why study in China?

The Sino-Danish Centre for Education and Research

2

ECONOMIC CASE: HISTORICALLY

GDP GROWTH RATES

FROM 1980 TO 2019

(pct.)

20

15

10

5

0

-5

-10

1980 1983 1986 1989 1992

China

1995 1998 2001

Denmark

2004 2007 2010 2013

USA

2016 2019

Source: IMF – World Economic Outlook October 2014, (Estimates from 2013)

ECONOMIC CASE: FUTURE

Bio. USD (PPP)

25000

20000

15000

10000

GDP PROJECTIONS FOR 2019

5000

0

China United

States

India Japan Germany Russia

2013 2019

Brazil UK France Mexico

China is projected to overtake USA as the largest economy in the world by 2019

Source: IMF – World Economic Outlook October 2014, China incl. Hong Kong

DENMARK - A PLAYER IN THE CHINESE MARKET

ECONOMIC RELATIONS WITH CHINA

TRADE IN GOODS AND SERVICES

70,0

60,0

50,0

40,0

30,0

20,0

10,0

-

2007

42,4

33,4

45,7

36,2

39,8

29,8

49,2

39,5

49,2

42,3

2008 2009 2010 2011

Danish export to China (Services and goods)

Danish import from China (Services and goods)

2012

51,8

51,3

57,8

52,3

2013

Source: Danmarks Statistik October 2014 (China incl. Hong Kong)

DENMARK - A PLAYER IN THE CHINESE MARKET

ECONOMIC RELATIONS WITH CHINA

EXPORT IN GOODS PER CAPITA TO CHINA IN 2013

1000

900

800

700

600

500

400

300

200

100

0

Danish companies and products do comparatively well in China

“The new China” needs Danish products, technology and know-how

Source: Eurostat (China incl. Hong Kong), Export from USA: U.S. Census Bureau, Foreign Trade

DENMARK - A REAL POTENTIAL PLAYER

(pct.)

30

THE GROWTH IN DANISH EXPORT TO CHINA

25

20

15

10

-5

-10

5

0

7

Danish companies have managed to take advantage of China’s third phase of development

Kilde: Eurostat, Kina inkl. Hong Kong, Export from USA: U.S. Census Bureau, Foreign Trade

INCREASING POLITICAL INTERACTION

Since 2009 Denmark ha completed high level political visits

This has contributed to relations between Denmark and China being at

“an all-time high”, according to Liu

Yunshan, 10 June 2014.

56 to China including the State visit in April 2014.

In the same period of time Denmark received a number of prominent guests such as Premier Wen Jiabao in

2009 and President Hu Jintao in 2012.

Since 2009 60 bilateral government agreements has been signed including the 16 agreements signed during the State Visit in April 2014.

Political high level visits in China

25

20

15

10

5

0

15 15

11

16

25

20

15

10

5

0

5

2009 2010

2

2011 2012 2013 Est. 2014

Bilateral government agreements

21

18

15

2

4

2

2009 2010 2011 2012 2013 Est. 2014

9

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

ECONOMIC DIPLOMACY IN CHINA

Political access enhances the chance of success for Danish companies in the Chinese market.

Increased commercial activity enhances political access

Energy and environment

Since 2009:

• 11 minister visits

• 11 bilateral agreements

Energy export:

• 41% of the total Danish export to

China in 2013 is related to the

Energy area.

• Energy-efficient Sino-Danish industry park in Nanjing

Food

Since 2009:

• 9 minister visits

• 20 bilateral agreements

Pork export:

• 2013: Danish export of pork has increased to more than 2 billion DKK .

• 2014: Heat treated pork agreement has an estimated annual value of 250 million DKK

MATCH OF POLITICAL GOALS AND COMPETENCES

Environmental protection

Sustainable energy

Sustainable urbanisation

Shanghai Free trade Zone

Trade liberalisation

Anti-corruption

Middle income illnesses

Demographic shifts/aging

CHINESE REFORMS MATCH DANISH

CORE COMPETENCIES

Green tech

Energy solutions

Architecture/ constructions

Blue Denmark

Competitive SMVs

Leader in transparency

Cutting edge pharmacy

Welfare knowledge

TWO HIGH POLITICAL VISITS IN 2014: STATE VISIT IN APRIL

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

PRIME MINISTER VISIT IN SEPTEMBER

12

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

WHY STUDY IN CHINA?

1. A degree from China: A good asset

Since China is a leading economic force in the world, knowledge about china is a highly valued skill in the job marked

2. Top universities

China has 25 institutions in the QS World University Rankings 2013/2014

3. China is a popular student destination

About 320,000 overseas students chose to study in China in 2012, an increase of

55,000 since 2010.

4. The Chinese government prioritize education

The government intends to raise the number of international students to 500,000 by 2020. As part of its plan to achieve this, it will provide scholarships for 50,000 international students by 2015.

13

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

A GREAT OPPORTUNITY: THE SINO-DANISH CENTRE FOR

EDUCATION AND RESEARCH

SDC is a joint project on education and research between the eight Danish universities, the Danish

Ministry of Science and Higher Education, the University of the Chinese Academy of Sciences and the

Chinese Academy of Sciences

SDC works closely together with companies and organizations in China to offer students project work, internships and relevant work experience

Students at SDC are offered extracurricular Chinese language courses

Students at SDC will be part of an international learning environment studying together with Chinese and international students

You receive a double degree upon fulfilment of the programme - one from a Danish University and one from UCAS

14

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