LINE

Text:AAAPrint
Economy

Danish PM vows to seize new opportunities amid China's 'new normal'

1
2015-04-15 15:21Xinhua Editor: Mo Hong'e

Denmark will grasp the enormous potential and opportunities arising from expanded cooperation with China, whose economy has entered a "new normal", Danish Prime Minister Helle Thorning-Schmidt said Tuesday.

"Chinese economy still continues to expand every year in absolute terms, and Chinese growth remains truly impressive also by general international standards," the prime minister told the annual meeting of the Danish-Chinese Business Forum.

China has announced that its economy has entered a "new normal" as the country is shifting gear from high-speed to medium-to-high-speed growth.

Thorning-Schmidt said new opportunities for bilateral cooperation will continue to emerge as China continues to reform and move forward.

"My government is determined to seize these opportunities and make our relations with China even stronger," she said.

The prime minister applauded the enhancement of bilateral cooperation since she took office in 2011, as the Denmark-China trade has doubled over the past years and more than 500 Danish companies are operating in China.

According to the Chinese embassy in Denmark, the China-Denmark trade volume in 2014 rose 16.7 percent year-on-year to 10.6 billion U.S. dollars.

The two-way investment also accelerated, with Danish investment in China totaling about 3 billion dollars and Chinese investment in Denmark close to 100 million dollars, the embassy said.

Meanwhile, Denmark received a record number of tourists from China last year, and China has also become a popular destination for the Danish.

"The relationship between the two countries is at an all-time high," Thorning-Schmidt said.

The two countries are scheduled to celebrate the 65th anniversary of the establishment of diplomatic ties this year.

"We must use this opportunity of celebration to go even further," she said. "I believe we have both the right conditions and the right political framework to bring our commercial ties with China to a new level, and I am certain that we will get there."

Echoing Thorning-Schmidt's speech, Chinese Ambassador to Denmark Liu Biwei said the two countries should take full advantage of the occasion to further enhance bilateral ties and economic cooperation.

Liu said China has proposed the founding of the Asian Infrastructure Investment Bank, and Denmark is the first Nordic country to announce its willingness to join it as a founding member.

"I believe that as the initiative is gradually carried out, the improved connectivity between Asia and Europe will enhance the economic and trade exchanges between China and Nordic countries such as Denmark," Liu said.

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.