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Team Sweden in Hong Kong

There are currently around 180 Swedish companies in Hong Kong, some of which are new to the market, but many have been present in Hong Kong for a long time and made important contributions to the city’s development.

We know from the Business Climate Survey, 2022, conducted by Team Sweden (The Consulate General, Business Sweden and SwedCham) that many of the Swedish companies remain profitable and see important advantages in doing business in Hong Kong, including the taxation system and the city’s role as a gateway to the mainland China market.

At the same time many of them have experienced significant challenges over the course of the last few years. The Business Climate survey pointed to uncertainties linked to travel restrictions, that have now been lifted, and worries about political changes, including the implementation of the national security law and its effect on Hong Kong’s status as an international business hub.

The total trade between Hong Kong and Sweden before the pandemic amounted to US$ 0.9 billion (2019). In the same year around US $ 0,8 billion of the total trade between Sweden and mainland China routed through Hong Kong. Sweden’s main export products and services to Hong Kong include telecommunications, vehicles, manufacturing equipment, chemicals, and measurement equipment. Hong Kong is still an important business hub for Swedish companies with players active across a multitude of industries, including financial services, retail, and creative industries. Team Sweden (The Consulate General, Business Sweden and SwedCham) is here to support the business community.

Consulate General of Sweden in Hong Kong

The Consulate General of Sweden is the official representation of Sweden in Hong Kong and Macau. The main task for the Consulate General is to promote Sweden and Swedish interests in Hong Kong SAR and Macau SAR. Consular services to the Swedish community is an important part of the work. The consulate is also engaged with a number of partners and in a wide variety of activities to promote Swedish business interests, exchanges, culture and tourism. Furthermore, the consulate provides the Swedish Government with information on political and economic developments in Hong Kong and Macau.

Business Sweden

Business Sweden (the Swedish Trade & Invest Council) is commissioned by the Swedish Government to help Swedish companies grow global sales and international companies invest and expand in Sweden. Business Sweden offers both hands-on support, strategic and practical expertise and a unique capability to create access where access is hard to get, both in Sweden and through 44 offices across Europe, Americas, Middle East & Africa, and Asia Pacific. Business Sweden’s expertise, presence and exclusive access to networks and stakeholders in both the public and private sectors in these markets gives them a supreme ability to help clients navigate regional business structures in order to expand their business and unlock growth.

Business Sweden have been in Hong Kong since 1982 and co-founded Nordic Innovation House in 2018. Nordic Innovation House is a global initiative to support Nordic companies to enter global innovation hubs by offering a strong community, connections to the local ecosystem, and programs for acceleration.

Swedish Chamber of Commerce in Hong Kong

 

Svenska Skolan i Hong Kong 

The Swedish School in Hong Kong offers Swedish classes for Swedish speaking children from 6 to 16 years of age. The Swedish School follows Skolverket’s “Kursplan i svenska för kompletterande undervisning för svenska elever i utlandet" and offers classes of two lesson hours a week. 

SWEA 

Hong Kong SWEA is a global network for Swedish-speaking women who live or have lived abroad. SWEA in Hong Kong is an important local network for many of its members and is regularly organising activities and events of various kinds like hikes, excursions and dinners. https://hongkong.swea.org/ 

Bulletinen 

Bulletinen is a non-profit publication in Swedish for the Swedish speaking community in Hong Kong. Its content is a mixture of updates and event notifications, as well as features and reports on topics and happenings that are relevant to the Swedish speaking community in the region. 

Others

Among student circles, the Swedish Culture Association is an active alumni network with Young Professionals from Hong Kong and Macau with previous educational experience in Sweden. Likewise, the Swedish Society of Hong Kong University is a local student organisation aspiring to promote Swedish culture. Until 2020, the Church of Sweden had a priest positioned in Hong Kong, but decisions regarding future presence in the region are yet to be made by SKUT (Church of Sweden Abroad).