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Danish-Chinese Business Forum's Annual Meeting 2016

Danish-Chinese Business Forum’s Annual Meeting of 2017 took place on the 29th of March at Vestas’ headquarters in Copenhagen Towers. The day highlighted the Danish business potential within the green economy and China’s transition into becoming a global leader on the green agenda.


Among the speakers were Liu Biwei, Chinese Ambassador to Denmark, Lars Christian Lilleholt, Danish Minister for Energy, Utilities and Climate, Morten Dyrholm, Group Senior Vice President in Vestas, and Kaare Sandholt, Chief Expert of China National Renewable Energy Centre, who all gave their insights on the possible areas of cooperation between Denmark and China.

The opening speech
When it comes to the green economy China has positioned itself in the lead of the global development. In his opening speech, DCBF Chairman Claus V. Hemmingsen emphasized this by pointing to the political commitment in China, latest formulated by Xi Jinping at the World Economic Forum in Davos, which has been backed economically in the 13th Five-Year Plan for China’s Economic Growth. He pointed to the political and economic powers of China which has set huge developments in motion, especially within renewable energy.


The Minister's point of view
Minister Lars Christian Lilleholt, followed up, by elaborating on the many potential areas for Sino-Danish cooperation within the green economy. He pointed to the Danish offshore wind industry as an industry where Denmark holds key knowledge that may be advantageous in relation to the Chinese transition into becoming a green economy. He emphasized that the government pursued an ambitious full scale Danish-Sino offshore wind project, to promote this knowledge-sharing. Overall, the Minister stressed the top priority that Danish export, and especially energy export, holds for the government, which is exemplified by the release of the new export strategy created in collaboration between the Ministry of utilities, Energy and Climate and The Ministry of Foreign Affairs.

A word from the Chinese Embassy
Ambassador Liu Biwei contributed on the trade perspective by underlining the important role Danish-Chinese Business Forum plays for the economic Sino-Danish relationship. More Chinese businesses are looking towards Denmark than ever before which resounds in the trade volume which for the third year in a row amounted to more than DKK 10B. With the Chinese economy stabilizing on a steady growth of 5,9% and a Danish clean tech industry which has a lot to offer, the Ambassador spoke about a prosperous future for Sino-Danish collaboration in the green economy.


Renewable energy developments in China
Kaare Sandholt, Chief Expert of China National Renewable Energy Centre, gave his insights on the renewable energy developments in China. He underlined that China is very committed to the renewable energy transition and it is very high on the political agenda. He pointed to clear drivers in the energy transition build around innovation, coordination, green development, openness and sharing. Kaare Sandholt argued, that these drivers should be seen as the guiding principles which have resolved in a steady growth of renewable energy and serious cost reductions compared to fossil fuel. However, Kaare Sandholt emphasized that the energy transition in China is challenged as coal is still favorable to renewable energy and large amounts of new coal powerplants are still being put up. This is an example of the overall tendencies, which have yet to have impact on the lower levels.

Concluding remarks from the Vice-chairman
Morten Dyrholm, Group Senior Vice President in Vestas, rounded off the meeting by contributing with the views of a Danish company which has successfully entered the Chinese market. He followed up on Kaare Sandholts remarks on the potential within the Chinese renewable energy transition by stating that there is no better time than right now to engage with China in overcoming their environmental issues. Denmark has a unique position when it comes to combining economic growth. Morten Dyrholm urged the Danish business community to engage in policy building between Denmark and China. To tie policy and business closer together the is key to enter the Chinese market. Morten Dyrholm concluded by emphasizing the key-role that Danish-Chinese Business Forum plays in pushing for the fusion of business and policy and how DCBF strives to be the spearhead in the Danish-Sino collaboration.

Danish-Chinese Business Forum wants to thank all of the speakers and participants of this year's Annual Meeting.

 

DCBF - AGM 2017 from Danish-Chinese Business Forum on Vimeo.