Category Archives: Business

business news from China, Sweden and the world.

2018 Win in Suzhou Venture Contest for International Entrepreneurs Launched in Sweden

By Xuefei Chen Axelsson

STOCKHOLM, Feb. 10(Greenpost)—2018 Win in Suzhou Venture Contest for International Entrepreneurs(European Life Science) was launched on Thursday(Feb.8) in Stockholm, capital of Sweden.

Dai Gang, Counselor of Science and Technology from the Chinese Embassy in Sweden attended the launching ceremony. He encouraged students, scholars both Chinese and Swedish to actively participate in the contest because Suzhou city is a good place to live and work. The living and working environment there is very good and the local government gave a lot of preferential policies in attracting talented people.

Lin Yingbo, Executive Director of Nordic Chinese Innovation and Startup Association said 2018 Win in Suzhou Venture Contest for International Entrepreneurs  will be organized by Suzhou City. This is the first time when a field specific event is included in the contest, which is one of the ten Venture Week  in Suzhou.

The contest including the Venture Cup and the Innovation Track, will be held on May 26 this year at Karolinska Institute in Stockholm, Sweden.

The contest focusing one the field of life-science including pharmaceuticals and biotechnology, diagnostics, medical devices, health care IT, precision medicine, health care services, ageing as well as all other aspects related to healthcare.

This year’s prize is much bigger than the previous one. The first prize will be 50 thousand yuan or about 6000 Euro plus 200 thousand yuan or about 24 thousand Euro Angel Investment. Moreover, all the participants can get the chance to participate in Venture Week in Suzhou(July 10 to 12th). The organizers also encourage entrepreneurs in other fields than Life Science to join the competition for the 2018 Win in Suzhou Venture Contest for International Entrepreneurs (European region) held in May 27th 2018 in Frankfurt, Germany.

 

Luo Hui, Hu Zhiyu, Baojin, Zhang Shouting, Daigang, Lin Yingbo, Yinchang and other three staff in the association. 

All innovative entrepreneurs and projects are welcome to the contest. Additionally, we provide a parallel Innovation Track. This track is open to projects with clear commercial potential but still require further development or to companies looking to collaborate with domestic companies in the Chinese market. There will also be technical upgrade intentions raised by life-science companies in Suzhou published on the official website (www.LSciVentureCup.com) and call for technical solution proposals.

The contest is open for registration from February 1st to April 15th, 2018. Application forms are available on the official website (www.LSciVentureCup.com), you can either register online or email the forms to contact@LSciVentureCup.com or ncaie@hotmail.com . The ones submitting earlier can be reviewed earlier.

Contact: 0046700226288

For details, you can look at the following carefully.

  1. PROGRAM

 

  • Evaluation Period (Feb 1st to Apr 15th, 2018)

Applications will be reviewed continuously by the organizing committee. Projects selected will be offered the opportunity for mentorship and one-on-one counseling for the competition event.

  • Paired Challenge (Mar 1st to Apr 15th, 2018)

Projects selected and their mentors will be invited to participate in online company-company presentation challenge event.  Companies will be paired and take turns challenging each other’s business plans at this event. One company challenges the other, then the other way around. Company performance at this challenge event will form the basis for further selection.

  • Presentation and Award (May 26th, 2018)

The top 10 projects will be invited to participate the presentation and award event in Stockholm. A panel of external judges will evaluate plans and presentations with the prices awarded at the event.

 

  • Innovation Track

In the innovation track, participants are invited to submit project proposals no later than Apr 30th, 2018. Brief summaries of all project proposals will be distributed to relevant life science enterprises and research organizations in Suzhou by Suzhou Human Resources and Social Security Bureau (SHRSSB). ​​ There will also be technical upgrade intentions raised by life-science companies in Suzhou published on the official website and call for technical solution proposals. The Organizing Committee will assist with negotiations and provide the platform for both parties to establish cooperation.

 

  1. Awards and Policies

 

  • For all registered participants for both venture competition and innovation fair track.

All applicants will be registered by the Suzhou City in their Human Resources Bank.  Qualified projects will be invited to attend the Venture Week in Suzhou July 2018, when the participates will have an opportunity to visit different business incubators in Suzhou and be introduced to local venture capital investors. The government of Suzhou will provide accommodation free-of-charge together with a subsidy of USD 500 dollar towards travel expenses.

  • Winners of the Venture Cup

The European Life-Science Venture Cup competition will award 10 prizes together with certificates of participation to all presenting companies. One representative for each project will be invited to attend the final competition in Stockholm, Sweden. The organizers will provide a travel subsidy of EUR 200 for participants from the Nordic countries, and no more than EUR 300 euros for participants from other countries, food and accommodation will also be covered by the organizers.

  • First, second and the third prize winners

The European Life-Science Venture Cup Competition prizes are:

First prize: 50 000 CNY (awarded to one project)

Second prize: 30 000 CNY (awarded to two projects)

Third prize: 10 000 CNY (awarded to three projects)
First, second and third prize winners have an opportunity to apply for up to 10 million CNY of government-controlled venture capital investment; up to 5 million CNY of secured financing loans; and an allowance of 300,000 CNY for R&D. Winners who choose to reside in Suzhou will be granted residence permit. They and their family members will also receive the same privileges as citizens for medical care, housing and school enrollment for their children.
Winners of the first, second and the third prizes are qualified to attend the “Win in Suzhou” Venture Contest for International Elites Final (July 2018 in Suzhou during “Venture Week in Suzhou”) competition.

More information is available on the official website: www.LSciVentureCup.com

Again,

To register, click  www.LSciVenetureCup.com,  Or you can download the form, fill in and send to contact@LSciVentureCup.com  , or  ncaie@hotmail.com.

Telephone: 0046700226288.

 

Text/Photo by Xuefei Chen Axelsson

2018“赢在苏州”国际创客大赛(全欧生物医药专场)启动仪式在斯京举行

H & M Hennes & Mauritz AB Full-year report

Full-year (1 December 2016 – 30 November 2017)

  • The H&M group continued to grow globally in 2017. Sales including VAT increased by 4 percent to SEK 231,771 m (222,865) in the financial year. Sales increased by 3 percent in local currencies. Sales excluding VAT amounted to SEK 200,004 m (192,267).
  • Gross profit increased to SEK 108,090 m (106,177). This corresponds to a gross margin of 54.0 percent (55.2).
  • Profit after financial items amounted to SEK 20,809 m (24,039). The group’s profit after tax amounted to SEK 16,184 m (18,636), corresponding to SEK 9.78 (11.26) per share.
  • A total of 479 (497) stores were opened and 91 (70) stores were closed, resulting in a total net addition of 388 (427) new stores.
  • During the year eight new H&M online markets and five new H&M store markets were opened.
    At the end of the financial year the H&M group had 69 sales markets of which 43 with online.

Fourth quarter (1 September 2017 – 30 November 2017) 

  • The H&M group’s sales including VAT amounted to SEK 58,481 m (61,098), a decrease of 4 percent. In local currencies, the decrease was 2 percent. Sales excluding VAT amounted to SEK 50,407 m (52,720).
  • Gross profit amounted to SEK 27,929 m (30,027), corresponding to a gross margin of 55.4 percent (57.0).
  • Profit after financial items amounted to SEK 4,873 m (7,409). The group’s profit after tax amounted to SEK 3,993 m (5,914), corresponding to SEK 2.41 (3.57) per share. The weak sales development within the H&M brand’s physical stores lead to increased markdowns and handling costs which had a negative impact on the result in the quarter.
  • The board of directors proposes an unchanged dividend of SEK 9.75 (9.75) per share for the 2016/2017 financial year, to be paid out on two occasions in 2018. In view of continued high investments in areas such as digitalisation, the board of directors is to investigate the possibility of offering all shareholders an opportunity to reinvest the dividend received in newly-issued H&M shares.
  • Sales including VAT in the period 1 December 2017 to 31 January 2018 are expected to increase by 1 percent in local currencies compared to the corresponding period the previous year.
  • A continued roll-out of H&M’s online store is planned to another four markets during the financial year 2017/2018: India, and via franchise to Saudi Arabia and the United Arab Emirates. Kuwait was opened in December 2017 via franchise.
  • In 2018 the H&M group plans to open approximately 390 new stores and approximately 170 store closures are planned, resulting in a net addition of approximately 220 stores. New planned H&M store markets are Uruguay and Ukraine.
  • Afound – new brand in 2018. Afound will be an off-price marketplace offering products from well-known and popular fashion and lifestyle brands, both external brands and those from the H&M group. It will be launched in Sweden, with a first store in Stockholm opening in parallel with a digital marketplace in Sweden.
  • H&M and H&M Home will open on Tmall, the world’s largest e-commerce platform, in March 2018

Comments by Karl-Johan Persson, CEO

Accelerating our transformation in a rapidly changing industry
The fashion industry is changing fast. At the heart of the transformation is digitalization and it is driving the need to transform and re-think faster and faster. This is presenting many challenges but we believe we are well-placed to adjust to the new dynamics and take advantage of the opportunities in front of us.

Part of this opportunity is to do with the size of the market. While the H&M group is a big player, our market share is still relatively small. It is also a growing market. So, while the H&M group has come a long way, we are most excited by the distance we still have to go and our fitness for the opportunities ahead.

Our performance during 2017 was mixed, with progress in some areas but also difficulties in others. We delivered growth of 3 percent in 2017 which is clearly below our expectations. In the fourth quarter our sales overall decreased by 2 percent in local currencies. Our online sales and our newer brands performed well but the weakness was in H&M’s physical stores where the changes in customer behaviour are being felt most strongly and footfall has reduced with more sales online. In addition, some imbalances in certain aspects of the H&M brand’s assortment and composition also contributed to this weaker result.

But our performance does need to be seen in the wider context of the transformation that the industry is going through. Underneath the disappointing recent performance, we see reasons for optimism and good learnings but we need to accelerate the transformation even more.

We have three main action areas:

Be restless around the core

  • We must always have the best across product assortment and mix, look, value for money and sustainability. The best customer offering always wins.
  • Our physical stores must offer a more inspiring and convenient customer experience, and be more customized to local needs.
  • The digital store is a process that should never settle. The offering needs to be constantly improved and broadened to ensure it maximizes engagement and sales.
  • We are integrating our physical and digital stores to offer our customers a great shopping experience with services ranging from Click and Collect to Scan and Buy and online returns in store.

Invest in the enablers – new technology and ways of working

  • The efficiency of our supply chain has always been a strength but it must mirror our customers’ fast-changing needs. We are investing further to get even faster, more flexible and more responsive.
  • We will invest even more in analytics and intelligence. We see huge potential across the board from assortment planning to supply chain and sales.
  • We will continue to invest in our tech foundation. This includes: building scalable, robust platforms; faster development of consumer-facing apps; and broadening our use of technologies like Cloud, RFID and 3D.

Drive growth – both traditional and new

  • The H&M group is developing new brands for new needs and new segments – we now have eight brands that are all scalable – and we will soon launch our ninth brand, Afound.
  • Our expansion across digital will accelerate. We will be broadening our assortments, rolling out digital to new markets and linking to new platforms, like Tmall for mainland China.
  • We will continue to open new stores – there is still significant growth capacity in physical stores in many regions and countries.
  • We will constantly optimize and refine our physical store portfolio. There is still potential for strong growth in some regions whereas in others we can get a better balance by reducing store space.
  • We constantly work on new ideas and innovations that will drive us forward – and there are many in our pipeline for 2018 and the years to come.

All in all, we feel 2017 was a year where we made more steps forward and did more groundwork for the future, but we have also made some mistakes that have slowed us down. The industry changes are challenging everyone and this will continue in 2018. The new fashion landscape requires skills and resources to adapt and seize the new opportunities. In particular the ability to take a long-term view and to navigate through some inevitable turbulence. By long-term investments, we have built a solid platform for many years of continued growth.

On our Capital Markets Day February 14, 2018, we will tell you more about our transformation and what we see going forward for the H&M group and our continued growth.

Contact
Nils Vinge, head of IR +46 8 796 52 50
Karl-Johan Persson, CEO +46 8 796 55 00 (switchboard)
Jyrki Tervonen, CFO +46 8 796 55 00 (switchboard)

Invitation to press and telephone conference in conjunction with the full-year report is available on about.hm.com.

H & M Hennes & Mauritz AB (publ)
SE-106 38 Stockholm
Phone: +46 8 796 55 00, Fax: +46 8 24 80 78, E-mail: info@hm.com
Registered office: Stockholm, Reg. No. 556042-7220

Information in this full-year report is that which H & M Hennes & Mauritz AB (publ) is required to disclose under EU Market Abuse Regulation (596/2014/EU) and Sweden’s Securities Market Act. The information was submitted for publication by the abovementioned persons at 8.00 (CET) on 31 January 2018. This full-year report and other information about H&M, is available at about.hm.com.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories and H&M Home as well as ARKET. The H&M group has 44 online markets and more than 4,700 stores in 69 markets including franchise markets. In 2017, sales including VAT were SEK 232 billion. The number of employees amounts to more than 171,000. For further information, visit about.hm.com.

China International Import Expo CIIE to be held in Shanghai on Nov. 5-10

By Xuefei Chen Axelsson

STOCKHOLM, Jan. 30 (Greenpost) — China International Import Expo is to be held in Shanghai during November 5-10, 2018, said Wang Dongtang, Deputy Director General of Department of Foreign Trade of Ministry of Commerce.

He made the remark during a presentation in Stockholm about the November expo.

Wang said it was Chinese President Xi Jinping proposed the expo during last year’s belt and road summit in Beijing. The purpose is to provide chances for foreign exporters to sell in China.

China will invite all the buyers home and abroad to attend the expo and buy the products and services in order to balance the Sino-foreign trade.

Wang said the expo will provide a good platform for the important exporters and importers to make a deal efficiently to balance the world trade.

Han Xiaodong, Chinese counselor of Commerce at the Chinese Embassy in Sweden said it was for the first time that Swedish export to China to reach surplus in 2017.  This means Swedish products are welcomed in China.

Elizabeth Soderstrom, Secretary General of Sweden-China Trade Council also attended the presentation and express good luck to the expo.

Over a hundred entrepreneurs, CEOs and government attended the route presentation of China International Import Expo.

Photo&Text  Xuefei Chen Axelsson

Air China to launch direct Beijing–Copenhagen route

STOCKHOLM, Jan.23(Greenpost) — Air China Limited (Air China) will begin non-stop flights between Beijing and Copenhagen from May 30, 2018. Once the new route launches, passengers will be able to arrive comfortably in Andersen’s dreamlike fairy tale Kingdom in 10 hours.

Copenhagen is the capital of Denmark, and is filled with fairy-tale innocence and lively, idyllic charm. Following the official start of the “China-Denmark Year of Tourism”, Chinese tourists are becoming increasingly excited about travelling to Denmark, with 260 thousand tourists visiting the country in 2017. Following its launch, the Beijing-Copenhagen direct route will become a strong supplement to the Beijing-Stockholm route, further improving Air China’s network of routes to Northern Europe. Once the route launches, domestic passengers will be able to enjoy travel in Northern Europe by flying to two destinations, Copenhagen and Stockholm. Passengers from Denmark and Sweden will also be able to enjoy 144-hour via free transit in Beijing when travelling to a third country.

For many years, Air China has been establishing a global route network with Beijing as its hub. The network of routes spreads throughout the world, covering six continents. The addition of this non-stop route between Beijing and Copenhagen is the latest development in Air China’s strategy to transform Beijing into an airport hub with a truly global reach, and improve network coverage in the Europe. Air China offers the largest selection of routes between China and Europe. The new Beijing–Copenhagen service will bring the total number of routes to 27, with an offering of 300 flights per week to 20 major European destinations, including London, Paris, Frankfurt, Munich, Vienna, Rome, Moscow, Barcelona, Madrid, Zurich and Stockholm, all serviced by wide-body aircraft.

Flight information:

The Beijing -Copenhagen route number is CA877/8 and has four flights per week, scheduled for Mondays, Wednesdays, Fridays and Sundays. The outbound flight departs Beijing at 02:55 and arrives in Copenhagen at 06:45; The inbound flight departs Copenhagen at 13:15 and arrives in Beijing at 04:10 (all times are local). All flights use the Airbus 330-200. Business class offers 180 degree fully flat seats, with personal entertainment systems throughout the cabin, so you can either stretch out comfortably or enjoy the entertainment, giving each passenger an even better personal flying space.

The specific launch time for the route will be determined by when tickets go on sale.

今日头条:太棒了!国航将开通北京—哥本哈根航线

China welcomes Sweden to cooperate in ice sports:Chinese Ambassador Gui

By Xuefei Chen Axelsson

STOCKHOLM, Jan. 14(Greenpost)–Chinese Ambassador to Sweden Gui Congyou has said China warmly welcome Sweden to cooperate and exchange with China in ice and snow sports.

He made this remark at Sweden-China Cultural Economic Sports Summit Forum held on Saturday in Stockholm.  The forum was sponsored by Sweden-China Entrepreneurs Association and supported by the visiting China International Communication Center and Beijing Kunlun Red Star Ice Hockey Club delegation and the Chinese Embassy to Sweden.

“I am very grateful for the visit with my invitation within a short time because it shows China’s great enthusiasm in ice hockey and paying great attention to bilateral exchange in ice sports with Sweden. It is well-known that Sweden is a strong country in ice hockey and other ice sports. I sincerely hope Swedish friends to seize this precious chance to actively conduct ice and snow sports exchange with China, jointly push Sino-Swedish relations in ice and snow sports to further develop and make great contribution to international Olympic Sports and world’s sports cause.” said Gui.

Zhang Qiaozhen, President of Sweden-China Entrepreneurs Association said her association likes to make their contribution to promote Sino-Swedish Ice sports cooperation.

“As Sweden-China Entrepreneurs Association, we’re willing to serve as a good bridge between Sweden and China in Sports and Cultural exchanges. We’re going to have detail discussions in this field.”

K-G Stoppel, Vice CEO of Swedish Djurgardens IF Hockey Club said that as a representative from the Ice Hockey circle, he thinks it is very important to promote and spread ice hockey.

“I think there is no better cooperation than with China. I fully agree that Beijing’s 2022 Winter Olypics will be a great chance for Chinese to increase their interest in ice sports. Considering Swedish Ice Hockey’ long history and our expertise in ice hockey and other ice sport training, I think we can cooperate with Chinese side in providing training for Chinese players, I look forward to further cooperation.  ”

But he warned that ice hockey is a sport that needs a lot of time, energy and sweat. It takes a long time to make breakthrough.

Long Yuxiang, CEO of China International Cultural Communicaiton Center expressed his gratitude to the Ambassador’s invitation and the hospitality of Zhang Qiaozhen, President of Sweden-China Entrepreneurs Association and the Swedish friends. He said his center was founded in 1984 and has become an important window for China’s cultural exchange with other countries. It has cultural exchanges with 130 countries in the world. He stressed that Chinese President Xi Jinping has paid great attention to 2022 Beijing Winter Olympics which will provide a lot of opportunities for Ice Hockey players.

“Sweden is our dreamed country in ice sports. I believe we will establish deep friendship through cultural and sports in particular ice hockey. I sincerely welcome Swedish Ice Hockey Association to visit us. We have established eight Ice hockey clubs in China within just one year, we plan to establish 20 Ice Hockey Clubs this year. Chances are equal for everyone, but if Sweden comes first, we prefer to cooperate with you.”

Kunlun Red Star Ice Hockey Club also presented their ice jersey to their Swedish counterparts while Sweden-China Entrepreneur Association also presented their presents to the honorary guests.

Goran Tidstrom, Vice Chairman of the Board of Djurgardens IF Hockey Club and Swedish Ice Hockey Association Board Member, Mickael Tellqvist, Former Goal Keeper and Martin Lundby from Swedish Ice Hockey Association were also present at the forum.

The forum was organized by Sweden-China Entrepreneurs Association and supported by China International Cultural Communication Center and the Chinese Embassy in Sweden.

Han Xiaodong, Counselor of Commerce and Pu Zhengdong, Counselor of Culture of the Chinese Embassy, Shouting Zhang, President of Nordic Sustainable Development Association, Zhang Shaobin, President of Shenzhen Kong-wah Real Estate Group, Zhang Shenhua from Shenzhen Xinyu Fund and Zhang Luping, General Manager of Rongtai Investment AB were also present at the forum.

Photo/text  Xuefei Chen Axelsson

今日头条:中瑞文化经济体育高峰论坛在斯德哥尔摩举行

 

 

SIPRI Expert on chances and challenges on cooperation of Ice Silk Road

By Xuefei Chen Axelsson

STOCKHOLM, Jan. 11(Greenpost)– Chinese President Xi Jinping has put up forward a proposal about cooperation in Ice Silk Road along arctic routes as the ice in the arctic is melting faster and faster.

Greenpost has a chance to have a  written interview with Ekaterina Klimenko, Researcher and SIPRI expert on Arctic Security. The following is the Q & A.

1.     What are the chances and challenges in the cooperation of this ice Silk Road, or Northern Sea Route for China?

 Traditionally, Russia has been reluctant to allow non-Arctic states to play a strong role in Arctic region, including in economic projects. However, a number of factors have shifted Russia’s policies, among them significant shifts in the world energy markets and sanctions. This allowed for great China’s involvement, first of all, into oil and gas development in the Russia Arctic zone. Moscow and Beijing has significantly expended Chian’s investments in to the joint project on the Yamal peninsular, Yamal LNG.

 The Russian government officials and the President Putin personally have on a number of occasions encourages Asian partners, and China in particular, to look at the Northern Sea Route as a possible alternative shipping route. However, over the last couple years China, and other Asian states, is also seen as investors into the construction of the NSR infrastructure. E.g. in a Joint Statement signed by Chinese Premier Li Keqiang and Russian Prime Minister Medvedev in December 2015, it was highlighted that the two sides would cooperate in developing the NSR into a competitive commercial sea route in the future. On several occasions Dmitry Rogozin, the head of Russia’s State Commission for Arctic Development, has mentioned that Russia and China are discussing cooperation on the NSR.

 Among the major challenges at the moment remains the fact that the Russian Government has still not defined the future of many infrastructure projects along the NSR. It is therefore unclear whether any of the projects will actually be implemented. Thus, despite the evident enthusiasm of Russian officials for fostering Chinese participation in infrastructure projects, this type of cooperation remains ‘on paper’ and does not go further than official statements and signed MOUs.

2.     How will this affect the Arctic countries?

It is too early to say at the moment how Russia China cooperation on the Northern Sea Route would affect the other Arctic states, as there is not much progress with it. I think we will see much more in the next 5-10 years.

 3.     How will it affect the environment?

Expansion of any economic activity in the Arctic brings the risks for environment. Growing shipping along the NSR, especially shipping of hydrocarbons creates significant risks for oil spills.

 4.     How can China participate in projects along the route?

 We have already 2 examples of how China can participate in the projects: the construction of the Belkomur railway and the deep-water harbour in Arkhangelsk. In 2015 Chinese Poly Technologies Inc. signed an agreement to invest in the development of the Belkomur railway and in the future to be responsible for its operation. . The project is believed to have a cost frame of more than 200 billion roubles (€2.67 billion). Poly Technologies has reportedly also expressed an interest in participating in construction of the new deep-water harbour in Arkhangelsk.[1]

I think we will see more of this type of partnerships.

Thank you. 

 

First Sweden-China Entrepreneur Conference held in Shenzhen fruitful

STOCKHOLM, Nov. 20(Greenpost)—The first Sweden-China Entrepreneurs Match Making seminar held in Shen Zhen on Nov. 17 was very fruitful.

 

Many Swedish companies including Nordic Innovation Center,  Bayn Europe AB and Highlands Uptown AB and Sweden-China Entrepreneur Association have presented their companies, met their Chinese counterparts and signed agreements with them for future cooperation.

At the forum focusing on belt and road initiative, Gao Sinuo, Shenzhen Investment Promotion Agency said that Shenzhen is an innovative and open city and the bridge in connection to the outside world. Shenzhen is a cosmopolitan with greatest potential to invest.

Patrik Edström from Bayn Europe AB said his company is engaged in studying sugar reduction solutions at various chain. It was established in 2009 and was in public listing in Nasdaq in 2014.

Anders Berg, CEO of Highlander Uptown AB said they are going to build a financial IT platform and can help financial institutions to lower their cost by 90 percent and give good returns for private savings.

Agreements signed during the conference

Three agreements have been signed during the Swedan China Entrepreneur meeting.

Zhang Qiaozhen, President of Sweden-China Entrepreneur Association and Zhang Kao, Secretary of Huaya Center signed MOU, Patrik Edström of Bayn Europe AB signed agreement with Zhang Luping, General Manager of Kongwah Real Estate Group on studying of sugar reduction.

Leif Anders Berg signed agreement with Zhang Shenhua, President  of Shenzhen Xinyu Fund Management Co.ltd.

Zhang Qiaozhen thinks this signing of agreements between Swedish and Chinese enterprises is due to  a two year efforts. Sweden-China Entrepreneur Association and Bayn Europe AB signed agreement to cooperate in lowering sugar for good health. Karolinska Cancer research project and Finteck Financial management project have been a sign that the two projects have been in contact and cooperation with their Chinese counterparts.

Trade talks between the two sides

Ai Xuefeng, Vice Mayor of Shenzhen led his colleagues Qiu Xuan, Gao Lin, Sun Huaizhong, Wang Youming and Chen Guangwen from Shenzhen government came to talk with the Swedish companies led by Olle Zetterberg, Director of Business Sweden, Ulf Borbos of North European Innovation Center, Leif Anders from Highlander Uptown AB, Zhang Qiaozhen , President of  Sweden-China Entrepreneur Association and Zhang Luping, General Manager of Kongwah Real Estate Group.

Ai Xuefeng made an introduction about Shenzhen’s economic development and its strategic role in belt and road initiative.

He welcome Swedish entrepreneurs to invest in Shenzhen.

Olle Zetterberg said he was very  glad to come to beautiful Shenzhen and willing to cooperate with China. Sweden has a lot of high tech which can have great potential in China. Sweden-China Entrepreneur Association gave us a good beginning in bringing Swedish technology into China.

Zhang Qiaozhen held that although Sweden is the first country that established diplomatic relations with China, due to historical and cultural differences, there is still lack of understanding between the two sides. That is why Sweden-China Entrepreneur Association came into being. Its headquarter is in Stockholm. Over the past two years, the association is engaged in projects in high-tech, environmental protection, energy saving, clean energy and electronics. So far it has helped 105 high-tech enterprises and provided incubation platform for dozens of companies.

Thanks to the Chinese government’s free booth of High-Tech fair, Sweden-China Entrepreneur Association help many enterprises to attend this exhibition. Her association will continue to  exert an important role in providing good bridge for the two sides.

 ¨

On Nov.18, Zetterberg and other Nordic Entrepreneurs were invited to visit the headquarters of the Kongwah Real Estate Group which covers a total of 30 thousand square meters in 16 storeys. The two sides discussed the establishment of Shenzhen Nordic Innovation Center and Incubator.

Zhang Luping also presented the company’s development plan and structure,hoping more European High-Tech enterprises can end up in Shenzhen.

Translated and edited by Xuefei Chen Axelsson.  Photo by Mao Zhiliang .

Sweden-China Entrepreneur Association shows up at the 19th China High-Tech Fair in Shenzhen

Translated and edited by Xuefei Chen Axelsson

Stockholm, Nov. 20(Greenpost)–It was the first time that Sweden-China Entrepreneur Association attended the Nordic Exhibition in Belt and Road Zone at the 19th China High-Tech  Fair which is underway in Shenzhen between Nov. 16-21, 2017.

Belt and Road Zone has been set as a platform for all those countries along the belt and road route to meet. Government institutions, international organisations and companies from over 30 countries and regions including Germany, Russia, Canada, Britain, France, Austria, Finland, Hungry, Belgium, Italy, Spain and Sweden attended the fair.

  Ai Xuefeng, Vice Mayor of Shenzhen met exhibitors

 Ai Xuefeng, Vice Mayor of Shenzhen paid a visit to the Nordic gallery and met the exhibitors from Sweden. The exhibitors are Ulf Borbos from Nordic Innovation Center, Patrik Edström from Bayn Europe AB, Anders Leideman CEO of Highlander Uptown AB  in Sweden, Anders Berg and FHW Real Estate, Anders Karlsson and Zhang Qiaozhen from Sweden-China Entrepreneurs Association.

Ai Xuefeng commended Zhang Qiaozhen’s role in helping Swedish companies to attend the fair and mutual exchange.

Zhang Qiaozhen was interviewed by media

Zhang Qiaozhen said during this fair, Swedish companies would like to explore chances of deep cooperation with Chinese counterparts in health, finance, energy-saving and environmental protection, clean energy and biotechnology.

During the fair, Sweden-China Entrepreneur Association and Chinese-Asian Center will sign a MOU. Bayn Europe AB and Kongwah Real Estate Group’s health project in lowering blood sugar will sign a cooperation agreement.  Swedish Highlander Uptown AB will sign a cooperation agreement with Shenzhen Xinyu Fund Management Company. Sweden-China Entrepreneur Association will also help deal with  China’s affairs for Nordic Incubator Center.

Zhang Qiaozhen commented that China High-Tech Fair is a good platform for Chinese enterprises to go abroad and foreign companies to go to China. Since its establishment two years ago, Sweden-China Entrepreneurs Association has devoted itself to providing good services for enterprises from both sides. Swedish Sci-tech and innovation capability is well-known around the world, and Swedish government pays great attention to newly emerging countries in the world, especially the Chinese market.

“China can learn from Sweden about sustainable development, design and innovation, fashion and environmental protection. ” said Zhang.

She hopes to provide new development opportunities for bilateral economic development and bilateral cooperation and inject new vitality for both sides.

Nordic Exhibition Gallery arouse a lot of attention

Nordic Exhibition is sponsored by Sweden-China Entrepreneurs Association. Business Sweden led 15 globally known enterprises to attend the Chinese High-tech fair for the first time, thus aroused a lot of attention.

The exhibition got a lot of help from Shenzhen government, Shenzhen Investment Agency, Business Sweden, Shenzhen United Front, Shenzhen’s Reform and Development Commission, Shenzhen Economic and Information Commission, Science and Innovation Commission, Foreign Affairs office, quality control commission and commission for  health industry promotion in Shen Zhen.

Sweden-China Enterpreneurs Association is a membership association for  information exchange. It is engaged in high-tech innovation, green environment, energy-saving, electronics etc.

China High-Tech Fair started in 1999. Since then, every year, CHTF is co-hosted in Shenzhen by Ministries and Commissions of the national government and Shenzhen Municipal People’s Government. Up to now, 16 CHTFs have been successfully held in succession. For each CHTF, the toal exhibition area exceeded 100000square meters, nealy 3000 exhibitiors from more than 50 countries and 500000visitors attended. Currently it is the largest and the most influential scientific and technological fair in China and is renowned as the No. 1 Technology Show in China.

 

Chinese Special Series–Chinese Housing enough for the next generation

By Xuefei Chen Axelsson

STOCKHOLM, Nov. 12(Greenpost)– To be honest, I came from a poor farmer’s family. But now those who live in the countryside enjoy big house, bigger space.

My brother and sister both have about 100 square meters apartment.
Recently a woman from Qingdao, Shandong province told me that they live in a 150 square meters apartment just for two persons.

Many civil servants have bigger office areas and enjoy two or three apartments.

Even those who came from the countryside and later lived in the city can enjoy very big apartment, not just one.

China has built so many buildings, so many cars and so many bikes.

A great change now is that people live much better.

Beijing attracts architeks from all over the world and it is a test site for all the vanguard builders. I saw an instrument type of building in Chaoyang district.

The famous CCTV building is even more protruding.  Skyscrapers are everywhere. And in many provinces, counties and cities, there are many buildings built.

Many people in local areas even have much more houses than those in bigger cities.  Chinese people enjoy far better material enjoyment now than ever. But their time of course is much tighter than before. They work harder than before.

Chinese Special Series–Fast train can benefit the whole world

Stockholm, Nov. 12(Greenpost) — When China built fast train in 2008, I was astonished by Chinese accurate drivers and fantastic services in the Hexiehao or Harmony Train.

I used to take more than 8 hours from Beijing to Jinzhou by train. Now I fly back from Stockholm to Beijing by airplane through 8.5 hours. So sometimes I jokingly said that Stockholm is my backyard garden from my Beijing home.

This summer we went back to Beijing again.  Surprisingly it only takes half an hour from Beijing to Tianjin and only four and half hours from Tianjin to Shanghai. It used to take 12 hours.

We travelled around half of China from Tianjin to Shanghai, from Shanghai to Suzhou, just half an hour. From Suzhou to Beijing it just took four and half hours. From Shenyang to Dalian it only takes two hours. From Dalian to Jinzhou, it also jus took two hours.

There is wifi in the waiting room in Jinzhou Station and it was terribly clean and nice.  People can buy all kinds of snacks from all over China and people don’t have to be so crowded as before.

From the very beginning, I supported the idea of developing the fast train. It is absolutely great! People think it is expansive, but it is not expansive if people consider the overall benefit it brings to the society, to the business and to people’s health as well as wellbeing.

I strongly suggest Sweden build fast train. Maybe it is a better idea to join hands with Denmark and Norway to build fast train from north to south. Think of Chinese train from Harbin to Dalian, just five hours.  It is just perfect.

Think of people taking train just from Oslo to Denmark via Stockholm or surrounding Solna or Uppsala just by four hours or from Oslo to Stockholm just one hour! It will bring a lot of human flow and it will bring a lot of vitality to our economy and people’s spirit.

Sweden has been very proud of its Tunnelbana because it starts from 1940s and the train has been very good in capacity. But now it need improvement.

I suggest Sweden use Chinese fast train technology and workers.  We shall benefit from it in the long run!

Now I do think Chinese fast train is the best in the world!

Traditional Chinese Cuisine Delegation visit Sweden and Demark

By Xuefei Chen Axelsson

STOCKHOLM, Nov. 12(Greenpost)– Traditional Chinese Cuisine Delegation of Overseas Chinese Affairs Office of the State Council of China visited Sweden and Denmark recently.

Led by Lyu Jing from Jiangsu Overseas Chinese Affairs Office, the delegation includes Mr. Wei Xueyong, researcher from the office, Ms Gao Daiming, Wang Bin, Zhang Jun, Jin Fengbin and Shi Zhiyuan, Masters of Chinese Cuisine.

Lyu Jing said the purpose of the visit is to introduce traditional Chinese cuisine from Huaiyang, Yangzhou and Zhenjiang areas which is one of the four most famous cuisines in China. The other three famous cuisines are from Sichuan, Shandong and Guangdong provinces.

Ms Gao Daiming said she came from a traditional Chinese cuisine family. Among 400 kinds of famous cuisines in China, Huaiyang dishes account for over 70 percent,  up to 290 kinds which have more than 2000 years of history.

Wang Bin who opens cuisine school in Huaiyang area said the Chinese cuisines pay great attention to color, smell, taste and form which are also very good for health.

Huaiyang dishes pay great attention to the original taste of the food and dishes, thus keeping all the vitamins and proteins, good for health. It means the food is never overcooked.

The most famous dish is Lion’s Head which can be steamed and stewed.

The masters showed the local chef in how to make the best Chinese cuisine and indeed attracted about 60 chef to come to cook and over 100 food lovers to taste the gourmet.

The cuisine delegates stayed in Sweden for three days to prepare the food and to cook and teach and visit some places in Stockholm.

The activity was held in Jufu Yuan, Thai Restaurant in Upplands Vasby near Infra Scandic Hotel.  Jufu Yuan means a restaurant that gathers happiness.

Wang Yuli, Manager of Jufu Yuan Restaurant said he was happy to help organize this activity because it helps chefs from China and Sweden to exchange experiences and learn from each other.  In particular this Huaiyang Cuisine tastes very good and is just suitable for us.

After three days, the delegation left for Denmark to introduce one of the best cuisines in China.

Solvatten–An Innovative Tool to Achieve Climate and Development Goals 

By Xuefei Chen Axelsson

STOCKHOLM, Nov.7(Greenpost)– Climate change is a reality and people from developing countries – specially women and children – are suffering the most. How can technology support governments to overcome these challenges?  Getting ready for the future. Credit: Solvatten. 

Here we have an interview between Analice Martins, independent writer, activist for women’s rights and founder of Internacionalidade and David Wadström focusing on an innovation called Solvatten.  The following is the details of Q and A.

Hej, David! Thanks for having me here! Can you tell me more about Solvatten?
Hej Analice! Sure! Solvatten – which means “Sun Water” in Swedish – is a jerry can that uses solar energy to purify contaminated water. After a few hours exposed to ultraviolet (UV) light, specifically UV-B, the water is free from the pathogens that cause diseases such as dysentery, salmonella and cholera. We created a durable design that stands intense heat and sunlight for many years and it has the capacity to process up to 40 liters of water per day, all we need is sunshine!

Sounds very promising! And how is Solvatten addressing global challenges such as poverty, inequality and climate change?
Billions of people still use firewood to cook, heat and boil water in order to make it cleaner. There are numerous social and environmental consequences of this practice; for instance, burning firewood causes harmful indoor air pollution, releases greenhouse gas emissions, and impact the lives of many girls and women who need to walk dozens of miles every day to fetch water and firewood.
A typical household used to spend up to three hours a day to generate energy to water needs. Solvatten saves time and allow people to pursue more economically productive activities. Additionally, decreasing firewood burns is beneficial to both the household’s members as well as the trees in the local environment.

In which ways is Solvatten supporting governments and organizations to achieve their climate and development goals?
Solvatten is both a short and long-term solution. In the short term, Solvatten is a powerful relief tool for communities affected by natural disasters. Governments and International Organizations can use Solvatten in areas suffering from water contamination. In the long-term, Solvatten has been proven to be a change maker: it empowers women, increases girls’ attendance in schools, changes hygienic behaviors, and transforms its users into true climate heroes! Families have saved thousands of hectares of forest and a million trees by using Solvatten. That is real climate Action!
 

Solvatten works with governments but also green-minded companies, please tell me more about that? 
We work in partnership with governments, local organizations and corporations to provide Solvatten to millions of people living off-grid. Since 2007, we have initiated 45 projects reaching out over 300.000 people living in more than 20 developing countries. For instance, the Solvatten CSR and Climate Project provides companies and partners an opportunity to connect social and environmental impact with their business needs. An increased use of Solvatten can also improve the way a responsible company is doing business in East Africa and other emerging markets. It can really add value to their supply chains in agro-business. 

 

Can you give me an example of a successful partnership? 
Yes, good examples are the partnerships we have with sugar and coffee grower cooperatives. Solvatten plays a key role in improving the farmer’s lives at the same time it can be a practical way to offset the carbon emissions that the business contributes to. Solvatten is also being used by corporations like Axfood, International Organization such as the UN-Habitat, and environmental foundations like myclimate. 

 

It’s really inspiring! Now, to finalize, what is your biggest dream? 

My dream is to live in a world where everyone has access to safe and clean water, just as we do here in Sweden. I also hope that Solvatten shall inspire other entrepreneurs and innovators to raise their voice and come up with great solutions to address climate change! 

Sino-Swedish Biomedicine seminar held in Uppsala

By Xuefei Chen Axelsson

STOCKHOLM, Sept. 21(Greenpost)– Changsha National High-tech Industrial Development Zone delegation held a seminar with Research Institute of Sweden and Uppsala Bio on Thursday in Uppsala to discuss cooperation in biomedicine.

The seminar was presided over by Zhao Shouting, Nordic Chinese Sustainable Development Association.

Song Jie,  deputy director of  the Changsha National High-tech Industrial Development Zone delegation gave a brief introduction about his zone.

“CNHDZ is Hunan Province’s Silicon Valley and ranks top 10 in innovation capability. We have issued a new policy to encourage more overseas enterprises and talented people to open businesses in the zone. ”

Song said the grants can be as high as twenty million yuan every year and the total is 100 million per year.

The zone is very strong in biomedicine and really likes to cooperate with Swedish counterparts.

He said Changsha was the place that raised the first artificial baby and held the largest frozen sperm bank.

He welcomes Swedish companies to cooperate with their counterparts.  He promised that the government is just willing to provide a platform for enterprises to cooperate.

Johan Laurell gave a brief introduction about Research Institutes of Sweden or RISE. He is the marketing manager.

He said RISE includes a lot of industries including food and medicine and plays a role of helping enterprises to find their international partners.

Erik Forsberg from Uppsala Bio introduced his company which is a very famous Swedish biomedicine company.

The famous Pfizer company used to be part of it.  Forsberg said it is good to understand what kind of cooperation model will be and will bring more relevant companies to meet next time.

Jan Peter Axelsson used to work in Pfizer and now in Vascaia also introduced his company, his colleague and his own expertise. He is good at providing automatic and efficient  production method.

Zhou Wenqiang is Chief Scientist from Hunan Fangsheng Pharmaceutical Co. Ltd

Hao Zou is General Manager from Hunan Hua Rui Biological Technology Co. Ltd.

Huang Qingxi is from Central Bio-MD Valley Technology Co. Ltd

Guo Xialing is Board Chairman of Argus (Hunan) Pharmaceutical Ltd.  She said she is looking for experts in fermentation.

The two sides also discussed partnerships, cooperation model, platforms and mechanisms to deepen the cooperation between the two sides.

Photo and Text:  Xuefei Chen Axelsson

Video: A video interview with Kevin Rudd at World Water Week

By Xuefei Chen Axelsson

STOCKHOLM, Sept. 8(Greenpost)–Kevin Rudd, former Prime Minister of Australia and current Chairman of Sanitation and Water for All has said that all sectors should help invest in solving sanitation and water issue which is fundamental for achieving the UN 2030 SDGs.

The interview was done by Xuefei Chen Axelsson on Aug. 30  at the 2017 World Water Week in Stockholm.

Mr. Rudd talked about his relations with water and sanitation from childhood, government level and international level.  He said that to achieve the SDGs, it needs all sectors’ joint efforts because water and sanitation sector is a relatively weak one which indeed needs much more attention and efforts.

Filmed by Xuefei Chen Axelsson on Aug.30, 2017 Stockholm.