Core Points - The China-Nordic Economic and Trade Cooperation Forum will be held from October 14 to 16 in Wuhan, Hubei Province, marking the first dedicated platform for economic cooperation between China and Nordic countries [1] - Denmark has been invited as the guest country for this year's forum, highlighting the importance of bilateral relations [1] - The forum aims to enhance economic exchanges between Hubei Province and Nordic countries, promoting trade and investment opportunities [1] Trade and Investment - Bilateral trade between China and the five Nordic countries is projected to reach $53.17 billion in 2024, reflecting an 8.5% increase [2] - From January to August this year, trade volume reached $37.96 billion, a year-on-year growth of 7.1%, more than double the growth rate of trade between China and Europe [2] - Nordic countries have invested over $15 billion in China, with Sweden and Denmark each contributing more than $5 billion, positioning them among the top European investors [3] Emerging Sectors - The electric vehicle and battery industries are emerging as new hotspots for cooperation, with Chinese companies like BYD and NIO successfully entering Nordic markets [3] - Nordic countries are recognized as leaders in green transformation, and there is a growing interest from Chinese battery manufacturers in establishing a presence in the region [3] Key Themes in Cooperation - Green: The cooperation emphasizes green development, with both sides committed to sustainable practices and climate change initiatives [4] - Innovation: The forum will facilitate collaboration in high-tech sectors such as digital economy, AI, and biomedicine, leveraging Nordic countries' strengths in innovation [4] - Quality: There is a shift in Chinese consumer demand towards high-quality and diverse products, which aligns with the offerings from Nordic countries [4] Future Engagement - The forum aims to enhance understanding of Nordic products in China, promoting items like Swedish blueberries and Norwegian salmon [5] - Continued participation of Nordic enterprises in major trade exhibitions in China is encouraged to meet the growing demand for quality goods [5]
中国-北欧经贸合作论坛10月将在武汉举行,丹麦成为首任主宾国