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Chinese investors visit Sweden
On Monday 12 September, the Government welcomed a Chinese business delegation consisting of some thirty corporate leaders and some twenty Swedish companies to Rosenbad for talks on investment opportunities in Sweden. Prime Minister Stefan Löfven and Minister for Enterprise and Innovation Mikael Damberg hosted the meeting, along with Business Sweden and the Sweden China Trade Council. The aim of the meeting was to highlight the qualities that make Sweden unique as an investment country, and to show the Government’s engagement in business relations with China.
China has increased its investments in Sweden in recent years. For example, the Chinese company Geely took over Volvo Cars in 2010 and launched the China Euro Vehicle Technology (CEVT) in Gothenburg in 2013. The CEVT's operations are growing quickly, encompassing more than 500 employees and 1000 consultants at present. The delegation that visited the Government on Monday had the same objective: to find new investment opportunities in and to Sweden.
The Government has recently launched a number of initiatives that make Sweden more attractive for foreign investment. Among these are the strategic collaborative programmes: five programmes that focus on innovative solutions in their specific areas. These areas are next-generation travel and transport, smart cities, a circular and bio-based economy, life sciences, and connected industries and new materials.
– The Government wants to point the way for more international investments in Sweden. The high turnout at today's meeting shows there is a potential that Geely's purchase of Volvo and launch of the CEVT can help point the way for more major investments in Sweden, said Mr Damberg.
To follow up on the Chinese delegation's interest in Sweden, the Government will carry out a number of targeted measures in both China and Sweden.