CBS CHINA DAY 7 NOVEMBER 2014

AMBASSADOR FRIIS ARNE PETERSEN

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

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

2

GDP GROWTH RATESFROM 1980 TO 2019

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

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

-10

-5

0

5

10

15

20

China Denmark USA

(pct.)

ECONOMIC CASE: HISTORICALLY

GDP PROJECTIONS FOR 2019

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

China United States

India Japan Germany Russia Brazil UK France Mexico0

5000

10000

15000

20000

25000

2013 2019

Bio. USD (PPP)

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

ECONOMIC CASE: FUTURE

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

ECONOMIC RELATIONS WITH CHINATRADE IN GOODS AND SERVICES

DENMARK - A PLAYER IN THE CHINESE MARKET

2007 2008 2009 2010 2011 2012 2013 -

10.0

20.0

30.0

40.0

50.0

60.0

70.0

33.4

36.2

29.8

39.5

42.3

51.3

57.8

42.4 45.7

39.8

49.2 49.2 51.8 52.3

Danish export to China (Services and goods)

Danish import from China (Services and goods)

Bil

lio

n D

KK

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

ECONOMIC RELATIONS WITH CHINAEXPORT IN GOODS PER CAPITA TO CHINA IN 2013

DENMARK - A PLAYER IN THE CHINESE MARKET

Germ

any

Belgi

um

Denm

ark

Nethe

rland

s

Malta

Finla

nd

Swed

en

Luxe

mbo

urg

Irela

nd USA

Austri

a

Unite

d Kin

gdom

EU28

Slov

akia

Fran

ceIta

ly

Hunga

ry

Czech

Rep

ublic

Slov

enia

Spai

n

Bulga

ria

Esto

nia

Portu

gal

Cypru

s

Pola

nd

Latv

ia

Lithu

ania

Greec

e

Roman

ia

Croat

ia0

100

200

300

400

500

600

700

800

900

1000

THE GROWTH IN DANISH EXPORT TO CHINA

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

DENMARK - A REAL POTENTIAL PLAYER

7

German

y

Belgium

Denmark

Netherl

ands

Finlan

d

Swed

en

United Kingd

omEU

28USA

-10

-5

0

5

10

15

20

25

30

(pct.)

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.

This has contributed to relations between Denmark and China being at “an all-time high”, according to Liu Yunshan, 10 June 2014.

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

INCREASING POLITICAL INTERACTION

2009 2010 2011 2012 2013 Est. 20140

5

10

15

20

25

5

15

2

15

11

16

Political high level visits in China

2009 2010 2011 2012 2013 Est. 20140

5

10

15

20

25

24

2

21

15

18

Bilateral government agreements

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

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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 Food

Since 2009:• 11 minister visits

• 11 bilateral agreements

Since 2009:• 9 minister visits

• 20 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

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

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

CHINESE REFORMS MATCH DANISH CORE COMPETENCIES

MATCH OF POLITICAL GOALS AND COMPETENCES

TWO HIGH POLITICAL VISITS IN 2014: STATE VISIT IN APRIL

PRIME MINISTER VISIT IN SEPTEMBER

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

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WHY STUDY IN CHINA?

1. A degree from China: A good assetSince 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 destinationAbout 320,000 overseas students chose to study in China in 2012, an increase of 55,000 since 2010.

4. The Chinese government prioritize educationThe 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.

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

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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

UDENRIGSMINISTERIET, MINISTRY OF FOREIGN AFFAIRS OF DENMARK

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DISCUSSION