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Members

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Fertin Pharma A/S

Fertin Pharma A/S

Fertin Pharma is a family-owned company based in Denmark.  The company’s heritage in chewing gum has lasted 100 years and

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A.P. Moller - Maersk A/S

A.P. Moller - Maersk A/S

The Maersk Group is a worldwide conglomerate established in 1904 and operates in some 130 countries with a workforce of over 89

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Baltic Asiatic Holdings A/S

Baltic Asiatic Holdings A/S

Baltic Asiatic Holding A/S' main business is specializing in trading and

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Danish Export Association

Danish Export Association (Eksportforeningen)

Danish Export Association is a private, non-profit organisation for the p

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Atos Medical Logo

Atos Medical AB

Acquired by Coloplast in 2021, Atos Medical is the Voice and Respiratory division of Coloplast.

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IRD Fuel Cells A/S

IRD Fuel Cells A/S

IRD Fuel Cells is a global manufacturer of components for fuel cells, hydrogen production and flow batteries, offering the core

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Ming Yang Wind Power Group Limited

Ming Yang Wind Power European R&D Center ApS

China Ming Yang Wind Power Group Limited is a leading wind turbine manufacturer in Ch

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Danish Association of Cosmetics and Detergents

Danish Association of Cosmetics and Detergents

The Danish Association of Cosmetics and Detergents is the Denmark's largest trade association for Danish and international comp

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Invactor

RM Group Holding A/S / Invactor

Invactor is a business facilitator with an Egg-to-Bird philosophy and run

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Coloplast A/S

Coloplast A/S

Coloplast was founded in 1957 and is today a global market leader within intimate healthcare striving to make life easier for p

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Bakkafrost

Bakkafrost P/F

Bakkafrost, which was established in 1968, is a salmon company with farming activities in the Faroe Islands and Sco

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Lactosan

Lactosan A/S

Lactosan was founded with an innovative approach to developing milk powder solutions, with a focus on cheese powder solutions.

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Envision Energy (Denmark) ApS

Envision AESC

Since its foundation, Envision Energy has maintained constant growth in its business operations, becoming a leading global prov

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Nordic Match

Nordic Match Ltd.

Nordic Match is a boutique M&A and Strategy Advisor headquartered in Shanghai, China.

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Nordic Business House NBH Logo

NBH

We are NBH – YOUR CHINA BRAND TEAM

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BESTSELLER A/S

BESTSELLER A/S

BESTSELLER is a family-owned clothing and accessories company founded in Denmark in 1975 by the Holch Povlsen family.

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Pandora

Pandora A/S

Pandora, founded and headquartered in Copenhagen, Denmark, started as a small jeweller’s shop in Copenhagen and has now evolved

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Tahota Law Firm Logo

Tahota Law Firm

Founded on May 2000, Tahota Law Firm has undergone more than two decades of rapid development, and has become a leading compreh

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Leaf Digital

Leaf Digital ApS

Leaf Digital is a digital marketing company offering comprehensive solutions, from planning and content creation to paid advert

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AWA Denmark A/S

AWA Denmark A/S

AWA is a leading consultancy firm in intellectual property (IP).

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LEGO System A/S

LEGO Group

The LEGO Group is a privately held company based in Billund, Denmark.

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Mictory Ltd.
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DSV A/S

DSV A/S

DSV is a global supplier of transport and logistics services.

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Danfoss A/S

Danfoss A/S

Danfoss is one of Denmark’s largest industrial groups and a global leader

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Radiometer Medical ApS

Radiometer Medical ApS

Radiometer is a global provider of solutions for acute care testing.

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Demant Logo

Demant

Demant is a world-leading hearing healthcare and technology group offering a broad range of innovati

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Kelsen Group logo

Kelsen Group A/S

The story of Kjeldsens® Butter Cookies begins in 1933.

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ISS

ISS A/S

ISS is a leading global workplace experience and facility management company.

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Zacco

Zacco Advokatanpartsselskab

Zacco is a leading IP consultancy company with 24 offices in Denmark, Germany, Norway and Sweden. Zacco provides not only

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Sanovo tech

Sanovo Technology A/S

Sanovo is a global leader in providing equipment and solutions for the egg industry, with over 60 years of experience.

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GoGift Logo

GoGift A/S

Since 2003, GoGift has taken the lead in optimizi

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AVK Holding A/S

AVK Holding A/S

The AVK Group comprises AVK Holding A/S and subsidiaries employ more than

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Ejlskov A/S

Ejlskov A/S

Ejlskov specializes in turnkey clean-up solutions for soil and groundwater contaminat

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Grundfos Logo DCBF

Grundfos Holding A/S

Grundfos pioneers solutions to the world's water and climate challenges and improves quality of life for people.

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C3 Consulting ApS

C3 Consulting ApS

C3 Consulting partners with our clients to optimize their global business by providing tailored training solutions to enhance c

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Danish Chamber of Commerce

Danish Chamber of Commerce (Dansk Erhverv)

The Danish Chamber of Commerce is one of the largest business networks in Denmark, representing 18,000 members and over 100 sec

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ETRADAN

ETRADAN ApS

The company has a history of 35 years, and is continuously developing new, unique products of its own design.

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Trayton Group

Trayton Group

Trayton Group was founded in 1995 in Shanghai, by its present CEO, the Danish born Simon Lichtenberg.Their focus and core compe

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Arla Foods amba

Arla Foods amba

Arla Foods' mission is to offer modern consumers milk-based food products

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TAJCO A/S

TAJCO GROUP A/S

TAJCO develops and manufactures premium steel trims for the global automotive industry and is the market leader within its fiel

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FOSS A/S

FOSS A/S

The family-owned FOSS company was founded in 1956 and today is the world’s leading producer of innovative analytical instrument

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Hartmann

Hartmann A/S

Hartmann is a global leader in moulded fibre packaging, specializing in eco-friendly solutions for egg and fruit packaging.

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Pluribus

Pluribus ApS

Pluribus ApS was established in 2007 as an independent advisory and consultancy company by its sole owner and CEO, Sven Riskaer

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Copenhagen Business School

Copenhagen Business School

Copenhagen Business School (CBS) was established in 1917 by the Danish Society for the Advancement of Business Education (now k

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Medicoindustrien

Medicoindustrien

Medicoindustrien is the industry association for companies in Denm

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Huawei-Logo.png

Huawei Technologies Co. Ltd.

Founded in 1987, Huawei is a global provider of information and communications technology (ICT) infrastructure and smart device

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Essentia

Essentia Protein Solutions (BHJ A/S)

Essentia Protein Solutions is a global supplier of animal-based protein ingredients for the food and beverage industry, focusin

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Asia Base

Asia Base Holding A/S

Asia Base is a Danish-owned consultant company established in China in 19

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Thomsen Trampedach

Thomsen Trampedach

Thomsen Trampedach is an Online Brand Protection service provider with offices in Cop

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Royal Greenland A/S

Royal Greenland A/S

Royal Greenland’s heritage dates back to 1774 where the Royal Danish Trade was founded in Greenland.

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Leadership and Coaching Group

The Leadership and Coaching Group ApS

The Leadership and Coaching Group is headquartered in Denmark, with representation in China, the USA, the UK, and across the No

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Vestas Wind Systems A/S

Vestas Wind Systems A/S

Vestas wind turbines deliver clean energy that supports the global fight against climate change.

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Scan Global

Scan Global Logistics A/S

Scan Global Logistics is a global freight forwarding and l

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Struers ApS

Struers ApS

Struers is a production company that develops, manufactures and distributes materialographic solutions for the preparation and

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ECCO Sko A/S

ECCO Sko A/S

ECCO, a world leading brand of shoes combining style and comfort, has built its success on uncompromising quality, innovative t

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G&O Maritime Group

G&O Maritime Group A/S

G&O Maritime Group was founded in 2014 when Gertsen & Olufsen acquired Atlas Incinerators, and they grew further the fo

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GN Audio A/S

GN Audio A/S

GN Audio is part of the GN Group.

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Polar Seafood

Polar Seafood Greenland A/S

Polar Seafood Greenland A/S was established in 1984 as the sales and marketing company for a group of independently owned Green

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Pharmacosmos Logo website

Pharmacosmos

Pharmacosmos, founded in 1965, is a pharmaceutical company specializing in the development

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LiqTech

Liqtech Holding A/S

Liqtech is a company specializing in advanced membrane filtration technology.

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Ovodan

Ovodan Foods

Founded on a spirit of innovation, Ovodan (formerly SANOVO Foods) traces its origins to 1937, when the company first explored n

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Blue Water Shipping

Blue Water Shipping A/S

Blue Water Shipping is a global provider of all logistics services in modern supply chain management.

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Dynaudio Logo

Dynaudio A/S

Dynaudio has been researching, designing, engineering and building legendary loudspeakers in Denmark since 1977.

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Danish Patents and Trademark Office

Danish Patent and Trademark Office

The Danish Patent and Trademark Office, a part of the Ministry of Industry, Business, and Financial Affairs, is dedicated to dr

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Novo Nordisk A/S

Novo Nordisk A/S

Novo Nordisk is a global healthcare company with 89 years of innovation and leadership in diabetes care.

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Copenhagen Infrastructure Partners

Copenhagen Infrastructure Partners P/S

Copenhagen Infrastructure Partners (CIP) is a fund management company specialized in offering tailor-made investments in energy

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Bech-Bruun

Bech-Bruun Law Firm P/S

Bech-Bruun is a full-service law firm providing client-focused, interdisciplinary legal services.

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Sejr Kina Solutions Logo

Sejr Kina Solutions

Sejr Kina Solutions is an agency specialising in assisting Danish and Nordic brands with entering and growing in the Chinese ma

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Danish Pharmaceutical Industry

Danish Pharmaceutical Industry

Danish Pharmaceutical Industry works hard to provide quality food supplements, with natural vitamins, organic minerals and

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Topsoe A/S

Topsoe A/S

Topsøe A/S was founded in 1940.

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Gorrissen Federspiel

Gorrissen Federspiel Advokatpartnerselskab

Gorrissen Federspiel is a full service law firm with practice areas covering all aspects of Danish and EU commercial law.

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Ferrosan

Ferrosan Medical Devices A/S

Ferrosan Medical Devices is a global leader in topical adjunctive hemostat

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Carlsberg A/S

Carlsberg A/S

Established in 1847 by brewer J.C.

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FLSmidth

FLSmidth A/S

Founded over 140 years ago in Denmark, FLSmidth A/S is a global leader in the mining and cement industries, employing more than

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Kvadrat A/S

Kvadrat A/S

Kvadrat A/S is a Danish manufacturer known for producing high-quality textiles a

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LEMAN

LEMAN A/S

Founded in Copenhagen in 1900, Leman is a global logistics company with over 500 employees.

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Ørsted Wind Power A/S

Ørsted Wind Power A/S

Ørsted Wind Power A/S (previously known as DONG Energy) is a leading energy company in Northern Europe and active across the wh

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Kamstrup A/S

Kamstrup A/S

Kamstrup is a leading manufacturer of metering solutions for the energy industry.

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Danske Bank A/S

Danske Bank A/S

The Danske Bank Group, founded in 1871, is the largest

丹麦中国商业协会DANISH-CHINESE BUSINESS FORUM

Interested?

JOIN THE NETWORK

"Domestic Demand System"

Date: December 10, 2024

Event: Supported Webinar


This webinar is part of the webinar series 'Staying in Dialogue with China'. The series will bring you six webinars with distinguished China-based experts, concentrated between April and December 2024.

'Staying in Dialogue with China' is organized and hosted by China Macro Group (CMG), with Caixin Global as Anchor Partner, in cooperation with the China Europe International Business School (CEIBS), Chinaforum Bayern, Swissmem, the Swiss Chinese Chamber of Commerce (SCCC), the Danish-Chinese Business Forum (DCBF), SwissCham China, the Stein  am Rhein Symposium (stars), and the Sweden-China Trade Council (SCTC).

In the sixth and last session of the 2024 webinar series "Staying in Dialogue with China", Markus Hermann, Co-Founder and Managing Director, China Macro Group (CMG) will be talking to Prof. Xu Qiyuan, Deputy Director, Institute of Wolrd Economics and Politics (IWEP) at the Chinese Academy of Social Sciences (CASS), about China's "Domestic Demand System" as the sixth structural transition as per CMG's conceptual framework of China's political economy.

The topic of “domestic demand system” refers to China’s attempt to pivot to more consumption-oriented economic growth, while reducing its reliance on fixed asset investments and the trade surplus – a legacy from Beijing’s export-oriented growth model. China should rely more on domestic demand to drive economic growth, thus, in a state of an overall elevated level of marketization, household consumption should shape supply of services and production more strongly.

Against the backdrop of the Covid pandemic, it remained unclear how much policy emphasis would be placed on the building of “domestic demand system”. In China’s short-term policy goals over the past five years, the “demand side” received primary policy focus only once, during the Central Economic Work Conference (CEWC) in 2022, whereas the three preceding years as well as the 2023 CEWC all consistently prioritized the “supply side”, or the goal of achieving the so-called “modernized industrial system” over the “demand side”.

Notably, the new reform plan released during the latest Third Plenum also placed “domestic demand system” at a strategically lower position than the supply side. Nonetheless, it should not be ignored that the State Council published a comprehensive blueprint for “Domestic Demand Expansion Strategy” in December 2022, unifying diverse policy areas ranging from trade, to digital and urbanization into one overarching framework.

The bottom-line is that among the six structural transitions, CMG’s assessment concludes that the “domestic demand system” has seen comparatively least progress compared to the 18th Central Committee’s Third Plenum in 2013, as evidenced by the still very low household consumption as share of GDP of about 40% only.

Key questions CMG want to discuss with Prof. Xu in this coming webinar include:

  • What exactly is a "domestic demand system" in the thinking of Chinese policymakers?
  • How are "supply" vs "demand" side each seen strategically by the Chinese leadership?
  • Are there structural levers or quick-wins to unleash more domestic demand to urgently and effectively revitalize the economy?
  • What is the role of China's social security system to help unleash the domestic demand?
  • What is the link between demand boost and "common prosperity"?

Members of DCBF can register for free - Click here to read more and sign up!

Read more >>

OUR

News

xie chuntao 21.10.2024
China’s Reform and Opportunities for China-Denmark Cooperation
21/10/2024
On the 21st of October 2024, Danish-Chinese Business Forum in collaboration with the Embassy of the People’s Republic of China to the Kingdom of Denmark, was honored to host a delegation, led by H.E. Mr. Xie Chuntao

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DBOC Q3 2024 50.1
Danish Business Outlook on China Q3, 2024
30/09/2024
In Q3 of 2024, the aggregate short-term outlook of Danish companies remains in positive territory for the second quarter, with the index number almost positioning at a neutral level.

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DBOC Index 2024 Q2
Danish Business Outlook on China Q2, 2024
28/06/2024
In Q2 of 2024, the overall short-term outlook of Danish companies has improved compared to the previous quarter and enters positive territory for the first time in four quarters.

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Survey of Danish Companies 2024 DCBF
New publication: "Survey of Danish Companies in China 2024"
12/06/2024
We are happy to announce the publication of the "Survey of Danish Companies in China 2024" which estimates the significance of China to Danish businesses.

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DCBF AGM 2024 Pictures
Annual General Meeting 2024
19/04/2024
On the 19th of April 2024, Danish-Chinese Business Forum successfully executed this year’s Annual General Meeting.

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Returning Webinar Series: Staying in Dialogue with China
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The series will bring you six webinars with distinguished China-based experts, concentrated between April and October 2024.

Read more >>

DBOC Index Q1 2024
Danish Business Outlook on China Q1, 2024
In Q1 of 2024, the overall short-term outlook of Danish companies has decreased compared to the previous quarter and remains in negative territory for the third consecutive quarter.

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DBOC 2023 Q4 News Website
Danish Business Outlook on China Q4, 2023
21/12/2023
In Q4 of 2023, the short-term outlooks for Danish companies all show an increase compared to the previous quarter. However, China as a market for procurement is the only index to reach positive territory in Q4.

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DCBF Podcast Heidi Berg ESG in China Part 1
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ESG-strategies in China Part 1: Why ESG is important in China
ESG & Supply Chain
Free Access
23/10/2023
Discussing ESG (Environmental, Social, and Governance) in a Chinese context is crucial when talking organizational strategy and sustainability, because of the increasing regulatory pressure and China's significant role in global supply chains. In the first podcast episode, we explore and define the role of ESG in a Chinese context.
Listen >>
DCBF Podcast Heidi Berg ESG in China Part 2
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ESG-strategies in China Part 2: How to Implement EU’s CSR Directive in China
ESG & Supply Chain
Free Access
23/10/2023
The second episode of the podcast series about ESG delves into the implications of the new EU ESG reporting regulation, the Corporate Sustainability Reporting Directive (CSRD), with a specific focus on its impact on Danish companies operating in China.
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Cover Image -  Global Collaboration Mastering Danish-Chinese Cross-Cultural Communication
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Global Collaboration: Mastering Danish-Chinese Cross-Cultural Communication
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24/08/2023
Communicating with business partners, colleagues, managers, employees, or other stakeholders becomes more complex when it is done across cultures. And when it happens virtually and on the distance, it becomes exponentially mor complex. 
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