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Global Times: Xi's letter inspires confidence among Danish, EU businesses

  • On May 15, 2025, Hungarian Prime Minister Viktor Orban and EU Ambassador Jorge Toledo announced decisions at a press conference highlighting China-EU cooperation in Beijing.
  • The announcements followed ongoing efforts to commemorate the 50th anniversary of EU-China relations and emphasized the need for pragmatic engagement amid global economic challenges.
  • Orban stressed the importance of Hungarian-Chinese partnership for competitiveness, while EU officials and Chinese spokespeople noted China's pro-business environment and leadership in electromobility technology.
  • By 2024, nearly 1.24 million foreign-funded companies operated in China with $2.86 trillion utilized investment, and experts forecast a 4 percent GDP growth in 2025 supported by strong domestic consumption.
  • Following President Xi Jinping’s letter encouraging Danish and European businesses, companies like Danfoss and Novo Nordisk reaffirmed their commitment amid rising cooperation, innovation, and expanding job opportunities such as BYD’s new European center in Hungary.
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Global Times: Xi's letter inspires confidence among Danish, EU businesses

BEIJING, May 19, 2025 /PRNewswire/ -- Multiple Danish businesses on Friday reaffirmed their confidence in growth and further cooperation with China amid optimism about the economic prospects and vast opportunities of the world's second-largest economy, as Chinese President Xi Jinping…

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Morning Times broke the news in Sayre, United States on Monday, May 19, 2025.
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