China welcomes firms from Denmark, Sweden, Finland and Norway to tap into its market opportunities, a Chinese Foreign Ministry spokeswoman said on Tuesday, citing Foreign Minister Wang Yi as saying during the four-nation Europe tour.
Mao Ning, the spokeswoman, made the statement at a press conference in Beijing in response to a media query on Wang's visit to Denmark, Sweden, Finland and Norway.
"Foreign Minister Wang Yi visited Denmark, Sweden, Finland and Norway from July 2 to 7. During the tour, Wang held talks with the foreign ministers of the four countries and had friendly exchanges with King Frederik X of Denmark, Swedish Prime Minister Ulf Kristersson, Finnish President Alexander Stubb and Norwegian Prime Minister Jonas Gahr Store respectively. They had candid, in-depth and constructive exchanges of views and reached positive common understandings and results on promoting sound, steady and sustainable development of bilateral ties between China and the four countries in the new era and on international and regional issues of mutual interest," said the spokeswoman.
"The visit carries forward friendship. Wang welcomed businesses from the four countries to walk into the 'fitness club' of the Chinese market to build up their strength and share in the opportunities offered by China's mega market, complete industrial chains, and diversified application scenarios," she said.
China welcomes firms from Denmark, Sweden, Finland, Norway to share market opportunities
Kim Fausing, CEO of Danish engineering giant Danfoss, has emphasized the importance of maintaining a strong local presence in China as uncertainty in the world disrupts global supply chains.
Speaking to China Global Television Network (CGTN), Fausing said that opening plants within China to better serve Chinese buyers has allowed the company to maintain supply chain stability.
"What it does mean for us is nothing but that we need to partner even stronger with the customers we are serving and it's really not a slogan. What we are doing is about having short distances," he said.
He explained that Danfoss has been steadily localizing its operations across its global supply chain to stay agile in a volatile environment.
"we have done in this very global supply chain, we have localized more and more. So it means, yes, we can act with the global supply chain but we are really trying to move as close to our customers as possible to serve better because there's so big ups and downs and stop-and-goes and to have a long supply chain that's globally sometimes hard to serve customers with. So we are very local and we are very, very close to our partners so that we make sure we can serve them exactly where they need us," he said.
Having operated in China for 30 years, Danfoss now boasts 12 manufacturing bases, three application development centers, and one global refrigeration research and development and testing center in the country.
Danfoss CEO highlights importance of local connections in Chinese market
