Danish businesses were to sign deals with Chinese partners on Friday worth 18 billion kroner (2.42 billion euros, $3.05 billion), Danish officials said as Chinese President Hu Jintao kicked off a state visit. "This is a very important day for us. The Chinese president coming here with a large delegation of senior Chinese businessmen makes this a very important day," Thomas Bostrup, of the Confederation of Danish Industries, told AFP.
"Today we will be signing several major agreements. I think this will give a lot more orders because it will be noticed in China that their president is here and will give some exposure to the competencies and technologies that we have in Denmark," he said.
Hu arrived in the Scandinavian country late Thursday with a 200-strong trade and business delegation, and signing ceremonies throughout Friday were to highlight strengthened business ties between the two countries.
A strategic partnership was to be inked between Denmark's largest private equity fund Axcel and its Chinese counterpart Fosun International Ltd, China's leading investment company.
"Fosun's unique expertise in identifying growth opportunities in China and previous investments in Europe will bring a new model of global collaboration to the world," Fosun chief executive Liang Xinjun said in a statement.
Comments
Comments are closed.