China Business Climate Report 2006The third China Business Climate Report shows that Swedish companies' in China commitment to China is increasing rapidly. In this year's survey the participating companies report having more than 43 000 employees, accumulated investments of more than 3.1 billion US-dollar and revenues in China of 7.9 billion US-dollar. At the same time they report that barriers to trade and investment are rising.
Updated 2006-08-14
China Business Climate Report 2005
The second survey of the business climate for Swedish companies in China revealed that their presence expanded significantly in 2004. The total investment of the responding enterprises rose by 56 percent to 2.8 billion US-dollars, mainly in the IT/Telecom sector. Revenues grew by 39 percent to 7.5 billion US-dollars, primarily in the Industrial and Consumer goods sectors. Employment increased by 19 percent to 33,000. In addition Swedish business procured products valued at least at 6 billion US-dollars in China for their global operations supporting several hundred thousand job opportunities. The responding companies are estimated to represent at least four fifths of Swedish business presence in China.
Swedish companies in China still witnessed the business climate to be difficult in a number of respects. Just as in last year's survey, two thirds of Swedish companies in China were negatively affected by one or more trade and investment barriers in 2004. The single most widespread trade barrier remained complicated and time-consuming import-export procedures reflecting the need for further efforts to facilitate trade. The second most widespread issue was lacking trading rights, a consequence of delays in implementing China's WTO commitments. Intransparent governance and payment delays due to government authorities followed. Concerns over local standards became more widespread.
Updated 2006-03-20