I am signing a new memorandum of understanding between Sweden and China to deepen our cooperation on corporate social responsibility, writes Minister for Enterprise and Innovation Mikael Damberg, who begins a visit to China today.Despite some turbulence, China remains important for Swedish trade and Swedish exports and it will continue to be so in the future as well.This is a concern for Sweden and for the entire world economy in view of the importance China’s growth has for the rest of the world.Although the slowdown in China is moderate, Sweden will be affected.
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China is Sweden’s largest trade partner in Asia and one of the markets to which the Government gives high priority in trade promotion.
There are around 500 Swedish companies operating in China, and this figure is growing; at the same time, over 10 000 Swedish companies trade with China.