Officials from Hong Kong Special Administrative Region (HKSAR) and Fujian province held a joint seminar in Stockholm Tuesday in an effort to attract more Swedish investment into the two areas, according to a release on the HKSAR official website.
Some 120 Swedish investors were present at the occasion.
Speaking at the Hong Kong and Fujian -- Your Ideal Partnership in China seminar, Director-General of Investment Promotion Simon Galpin said Invest Hong Kong has helped 24 Swedish companies to set up or expand their business in Hong Kong.
He said Hong Kong is the ideal platform for Swedish companies moving into the Chinese mainland, given its geographic advantage and sound infrastructure.
In 2008, trade between Hong Kong and Sweden totaled about 1.6 billion U.S. dollars.
Zhang Qiu, deputy director-general of Fujian's Provincial Department of Foreign Trade & Economic Cooperation (DOFTEC), labeled his province as being at the juncture of China's most economically developed areas.
Two-way trade between Sweden and Fujian reached 281 million U.S. dollars last year.
Source: Xinhua
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