Hong Kong can help Swedish, European firms expand into China: Chan

Hong Kong can help Swedish and European enterprises expand into the Chinese market that is expanding and increasingly sophisticated, said Financial Secretary Paul Chan Mo-po.

Speaking at the National Day of Sweden reception 2026, Chan said there is a far-reaching opportunity in Hong Kong's good and growing ties with Sweden.

The bilateral merchandise trade last year rose by a cheering 11.5 percent over the previous year, to about US$950 million and services trade also grew by nearly 8 percent in 2024, to about US$900 million, Chan said.

There is much scope for collaboration with Sweden in AI - from research and application to education and talent development and the country is also a global leader in life science and health technology, which is also Hong Kong’s priority development area, he said. 

“It sounds like a natural fit.”

Beyond business and investment, the partnership can extend to many other areas, from arts and culture to sports, he noted.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓