Swedish export to China amounted to SEK 59 billion in 2017 (almost a 30% increase since 2016) and Swedish import remained stable at SEK 59 billion, making China our largest trading partner in Asia. After several years of strong economic growth, China is at the moment experiencing a major economic reform, changing course from relying on exports and manufacturing to an economic model where domestic consumption and the service sector lay at heart. In China’s current transition a certain emphasis is put on area’s where Sweden is particularly distinguished including the forest industry, health care and life science, innovation as well as environment and energy. What is most striking today is the rapid growth of the Chinese middle class which now has become the largest in the world. Meanwhile, e-commerce is expanding rapidly and has known a great success, increasing the availability to more cities around China.
Business Sweden has been active, with offices Peking and Shanghai, since 1994. We have extensive knowledge and experience in helping Swedish companies to establish themselves and achieve their full international potential. Business Sweden offers a range of services aimed at companies in all stages of their establishment and development in China.