In recent years, more and more Chinese companies have invested in Sweden.
Some companies, such as Huawei Technologies Co Ltd and Zhongxing Telecommunication Technologies, have even set up research and development centers in Stockholm, capital of Sweden.
Since the 1990s, Swedish investment in China has seen a rapid development. So far, the Swedish investment in China has reached hundreds of billions of US dollars.
At present, there are about 180 Swedish enterprises and 400 business units in China.

By Zhang Yan
Express staff

With great expectations, Sweden is going to send a larger delegation to attend the 8th China International Fair for Investment and Trade (CIFIT), according to Eddie Chen, chief representative of the Invest in Sweden Agency (ISA) in China.
As China's only international investment promotion event at the state level, the annual CIFIT plays an important role not only in alluring foreign direct investment, but also introducing domestic enterprises to go global.
CIFIT offers a stage for foreign countries including Sweden to communicate and promote business co-operation with their counterparts from home and abroad through various activities.
"This year we will expand the number of Swedish exhibition booths from last year's 6-8 to 10 in the 8th CIFIT. Meanwhile, we will also have a series of promotion activities during the Fair," said Chen.
He added that detailed arrangements of the activities are still under discussion.
Chen hopes more Chinese companies would have a further understanding of Sweden through the various promotion activities in the 8th CIFIT.
On the September 9-11, Chen, together with some Swedish friends and local committees are going to Xiamen to attend the Fair.
Sweden has the world advanced high-tech industries, favourable policy and investment environment, and potential large international market.
Exploiting Swedish market is also the key to the European market for foreign enterprises including China.
To lure Chinese investors into Sweden is a long-term strategy for ISA.
Presently, Sweden is among the Top 11 countries in attracting foreign investment in the world.

 

Infrastructure
1. Songtao East City Water Supply Distribution System
Total investment: US$0.457 million
Intended mode of investment: Joint venture, Sole proprietorship
Summary of the project: The water plant is planned but lack funds supporting renovation on east city water supply distribution system.
2. Scenic Resort Infrastructure Construction and Ecology Protection in Nine-Dragon Cave of Tongren
Total investment: US$19.29 million
Intended mode of investment: Joint venture
Summary of the project: This scenic place is one of the 10 famous scenic spots in Guizhou Province.
Electronic Information
1. Production of Chip Tantalite Capacitor
Total investment: US$30 million
Intended mode of investment: Joint venture
Summary of the project: The company is one of top 10 companies in Jiangxi focusing on mining, milling, smelting, scientific technology transfer, trading of tungsten, columbite-tantalite, rare-earth and relevant products.
2. A Platform for Software Application Development
Total investment: US$10.87 million
Intended mode of investment: Joint venture
Agriculture
1. 200,000 Mu High-Quality Forage Base Construction Project
Total investment: US$8 million
Intended mode of investment: Joint venture, Sole proprietorship, Co-operation
Summary of the project: With 456,000 hectare land area, 142,000 hectare cultivated land area, 5,000 hectare gardens, 33,000 hectare forestry fields, 148,000 hectare wasteland area respectively, the project has a special advantage to develop modern animal husbandry.
2. Utilizing Interplant Technology of Specialized Straw for Orchard
Total investment: US$0.18 million
Intended mode of investment: Co-operation
Summary of the project: This project is to interplant kinds of fruit trees by adopting fine and high-efficiency specialized straw, to improve the utilization rate and the effect of land.
3. Fruit Medicine Cultivating (redberry and gastrodia elata)
Total investment: US$0.02 million
Intended mode of investment: Joint venture, Sole proprietorship, Co-operation
Summary of the project: This project is to cultivate fruit medicine such as gastrodia elata. To carry out this project can lead to rational use of land and promote the exploration of modern ecological agricultural production.
4. Research of High-Efficient Growing Technology for American Grape
Total investment: US$0.03 million
Intended mode of investment: Joint venture, Sole proprietorship, Co-operation
Summary of the project: This project is to research a set of management and high-efficient cultivating technology by adopting advanced technology.
Service Trade
1. The Renovation Project of Chengdu News Hotel
Total investment: US$11 million
Intended mode of investment: Joint venture, Co-operation
Summary of the project: The first stage of the project was finished in 1995. The total investment is US$7.25 million and it covers an area of 30 mu. The second stage was finished in 2000 with the total investment of US$2 million. The restaurant, with an ecological tea house and chess & card house, can hold 600 people.
2. Developing and Leasing Shanqing Mountain
Total investment: US$15.66 million
Intended mode of investment: Other
Summary of the project: Shanqing Mountain was approved by the State Council as the national key interesting attraction in 1988 and AAA class tour resort in 2001.
Petro-chemistry
1. Producing 100000 Tons of Ductile Cast Iron Pipe
Total investment: US$20 million
Intended mode of investment: Joint venture
Summary of the project: The project will utilize the anthracite and adopt the low-pressure synthetic method to build one production device to manufacture refined methanol.
2. Engineering Project of Synthetic Ammonia Material
Total investment: US$59.67 million
Intended mode of investment: Joint venture
Summary of the project: When the project is completed and put into operation, Inner Mongolia Tian Ye Co Ltd will reduce its annual cost by 58.75 million yuan, while the annual average profit will increase 87.83 million yuan.
3. Special Polyvinyl Alcohol
Total investment: US$5.8 million
Intended mode of investment: Joint venture
Summary of the project: The company, located in Leping City, is one of the 502 key enterprises in China. The total asset is 570 million yuan with a fixed net assets of 349 million yuan.
4. Production of Ethene and Polyethylene
Total investment: US$1147.6 million
Intended mode of investment: Joint venture
Summary of the project: Ethene, a basic material for organic chemistry, is widely used and has a great potential market.
5. Large Scale Hard Alloy Tip Production
Total investment: US$1.20 million
Summary of the proposed project: The project's nearby regions need about 500 tons of hard alloy tip materials annually. The technology for this project is mature and has a vast market potential.
Biological Medicine
1. Caped Jasmine Fruit Comprehensive Exploitation Project
Total investment: US$1.25 million
Intended mode of investment: Joint venture, Sole proprietorship, Co-operation
Summary of the project: The project has been listed as one of the "The 10th Five-year Plans" in the local county. The growing area in the county has reached 20,000 mu with approval from the provincial Planning Committee.
2. Capital Increasing and Share Addition
Total investment: US$1.8 million
Intended mode of investment: Joint venture, Co-operation
Summary of the project: The university focuses on the linkage with the industry, so its enterprise tops in China. The university will invest in the Nanchang Chinese Traditional Patent Medicine Factory (Jiangxi Congbeng Natural Medicine Co Ltd) to produce Chinese traditional medicines.
3. Frozen and Dry Preparation
Total investment: US$4.85 million
Intended mode of investment: Joint venture
Summary of the project: Jiangxi Pharmacy Co Ltd is the key pharmaceutical enterprise in China. The project is to build up a workshop of 2600 square metres and other facilities.
Energy, Environmental Protection
1. Table Wares of Straw and Stalks
Total investment: US$0.44 million
Intended mode of investment: Joint venture, Co-operation
Summary of the project: When the project is completed, the annual productive value is 6.9 million yuan and profit 2.35 million yuan.
Machinery equipment
1. Vehicles Shock Absorber Product
Total investment: US$50 million
Intended mode of investment: Joint venture
Summary of the project: Sichuan Ningjiang Precision Industry Co Ltd is a specialized factory in producing vehicles absorbers for more than 20 years. The company has invested 50 million yuan in upgrading the existent production line.
2. Hydraulic Door Controls Production Line
Total investment: US$3.63 million
Intended mode of investment: Joint venture
Summary of the project: In the promising market, the annual output of this product is increasing year by year. Its export market gathers in Southeast Asia and the Middle East. At present, the annual export volume of this product is about 1.5 million sets.