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Danish Business Outlook on China – New index on China
- Published on Wednesday, 24 February 2021 09:32
The Danish Business Outlook on China (DBOC), a new quarterly index on China, was launched on the 24th of February 2021. The DBOC is a quarterly index tracking changes in short-term outlook of the Danish business community regarding China. More than 70 Danish companies provided data to the DBOC index - all of them either members of Danish-Chinese Business Forum or Danish Chamber of Commerce in China .
Overall, the index found that the short-term outlook for activities in China had improved compared to three months prior.
Amongst others, the DBOC found that company size and geography had influence on outlook:
* <50 = tendency towards deterioration in outlook. >50 = tendency towards improvement in outlook.
Furthermore, the DBOC showed considerable sectoral differences in outlook:
The DBOC index is a joint initiative of the Embassy of the Kingdom of Denmark in Beijing, the Danish Chamber of Commerce in China (DCCC), the Danish-Chinese Business Forum (DCBF) and the Sino-Danish Center for Education and Research (SDC).
We thank the companies that support the initiative and invite everyone interested in China to stay tuned for the coming quarterly updates.