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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
2
•
Why study in China?
•
The Sino-Danish Centre for Education and Research
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
2004
Denmark
Source: IMF – World Economic Outlook October 2014, (Estimates from 2013)
2007
USA
2010
2013
2016
2019
ECONOMIC CASE: FUTURE
Bio. USD (PPP)
GDP PROJECTIONS FOR 2019
25000
20000
15000
10000
5000
0
China
United
States
India
Japan
Germany
2013
Russia
Brazil
UK
France
Mexico
2019
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
57.8
Billion DKK
60.0
49.2
50.0
40.0
30.0
42.4
33.4
51.8
52.3
51.3
45.7
36.2
49.2
42.3
39.8
39.5
29.8
20.0
10.0
2007
2008
2009
2010
2011
Danish export to China (Services and goods)
Danish import from China (Services and goods)
Source: Danmarks Statistik October 2014 (China incl. Hong Kong)
2012
2013
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
THE GROWTH IN DANISH EXPORT TO CHINA
(pct.)
30
25
20
15
10
5
0
-5
-10
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
7
INCREASING POLITICAL INTERACTION
Since 2009 Denmark ha completed 56
high level political visits 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.
Political high level visits in China
25
20
15
15
11
10
5
5
2
0
This has contributed to relations
between Denmark and China being at
“an all-time high”, according to Liu
Yunshan, 10 June 2014.
16
15
2009
2010
2011
2012
2013
Bilateral government agreements
25
21
18
20
Since 2009 60 bilateral government
agreements has been signed
including the 16 agreements signed
during the State Visit in April 2014.
Est. 2014
15
15
10
5
2
4
2
0
2009
2010
2011
2012
2013
Est. 2014
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.
Energy and environment
Food
Since 2009:
• 11 minister visits
Since 2009:
• 9 minister visits
• 11 bilateral agreements
• 20 bilateral agreements
Energy export:
• 41% of the total Danish export to
China in 2013 is related to the
Energy area.
Pork export:
• 2013: Danish export of pork has
increased to more than 2 billion DKK .
• Energy-efficient Sino-Danish
industry park in Nanjing
9
Increased commercial activity
enhances political access
• 2014: Heat treated pork agreement
has an estimated annual value of 250
million DKK
MATCH OF POLITICAL GOALS AND COMPETENCES
CHINESE REFORMS MATCH DANISH
CORE COMPETENCIES
Environmental protection
Sustainable energy
Sustainable urbanisation
Shanghai Free trade Zone
Trade liberalisation
Anti-corruption
Middle income illnesses
Demographic shifts/aging
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.
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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
DISCUSSION