Today, Switzerland hosts more than 80 Chinese companies and this number is set to increase in the coming years. Indeed, since the Free Trade Agreement between both countries has been signed, China’s interest for Switzerland has not stopped growing. This is the main topic of a recent article from renowned Swiss newspaper Neue Zürcher Zeitung.
Fosun, the organization which acquired Club Med, has recently opened an office in Zurich. The third Chinese pharmaceutical group, Tasly, is about to settle its European headquarters in Geneva. China Construction Bank (CCB) will also soon have its branch on Helvetic grounds. These examples reflect very well how attractive the Swiss market looks in the eyes of Chinese investors.
Various factors help Switzerland seduce the latter. First, it is the only European country which has signed a Free Trade Agreement with their government. They appreciate the flexibility of the Swiss authorities when it comes to settlement procedures. They see the Swiss labor law in a positive light. Finally, the political stability also plays a key role in their decision-making process.
Switzerland Global Enterprise has, together with various partners, welcomed more than 30 delegations and contributed in several Chinese settlements over the past two years. For more information, please refer to the Success Story Booklet China. To know more about the Sino-Swiss Free Trade Agreement, please check the Sino-Swiss FTA Booklet.