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OUR
Members
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
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 Holding A/S' main business is specializing in trading and
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Danish Export Association (Eksportforeningen)
Danish Export Association is a private, non-profit organisation for the p
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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 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 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
The Danish Association of Cosmetics and Detergents is the Denmark's largest trade association for Danish and international comp
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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 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 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 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 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 Ltd.
Nordic Match is a boutique M&A and Strategy Advisor headquartered in Shanghai, China.
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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 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
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 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 is a leading consultancy firm in intellectual property (IP).
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LEGO Group
The LEGO Group is a privately held company based in Billund, Denmark.
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Danfoss A/S
Danfoss is one of Denmark’s largest industrial groups and a global leader
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Radiometer Medical ApS
Radiometer is a global provider of solutions for acute care testing.
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Demant
Demant is a world-leading hearing healthcare and technology group offering a broad range of innovati
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ISS A/S
ISS is a leading global workplace experience and facility management company.
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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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Bank of China (Europe) S.A. Stockholm Branch
Bank of China (Luxembourg) S.A.
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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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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 specializes in turnkey clean-up solutions for soil and groundwater contaminat
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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 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 (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 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 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' mission is to offer modern consumers milk-based food products
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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
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 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 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 (CBS) was established in 1917 by the Danish Society for the Advancement of Business Education (now k
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Medicoindustrien
Medicoindustrien is the industry association for companies in Denm
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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 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 Holding A/S
Asia Base is a Danish-owned consultant company established in China in 19
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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’s heritage dates back to 1774 where the Royal Danish Trade was founded in Greenland.
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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 turbines deliver clean energy that supports the global fight against climate change.
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Scan Global Logistics A/S
Scan Global Logistics is a global freight forwarding and l
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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, 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 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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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
Pharmacosmos, founded in 1965, is a pharmaceutical company specializing in the development
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Liqtech Holding A/S
Liqtech is a company specializing in advanced membrane filtration technology.
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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 A/S
Blue Water Shipping is a global provider of all logistics services in modern supply chain management.
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Dynaudio A/S
Dynaudio has been researching, designing, engineering and building legendary loudspeakers in Denmark since 1977.
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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 is a global healthcare company with 89 years of innovation and leadership in diabetes care.
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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 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
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 works hard to provide quality food supplements, with natural vitamins, organic minerals and
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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 Medical Devices A/S
Ferrosan Medical Devices is a global leader in topical adjunctive hemostat
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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 is a Danish manufacturer known for producing high-quality textiles a
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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 (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 is a leading manufacturer of metering solutions for the energy industry.
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OUR
EVENTS
"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!
OUR
News
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
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.
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.
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.
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.
Returning Webinar Series: Staying in Dialogue with China
02/04/2024
The series will bring you six webinars with distinguished China-based experts, concentrated between April and October 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.
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.
OUR
Podcast
