On May 14 the Consulate General and Business Sweden’s (BuS) investment promotion team made a joint visit to Jiangsu province. The purpose of the visit was to meet with the top management of the Chinese companies KDL and Senior. The Swedish delegation was led by Consul General Lisette Lindahl and the head of investment promotion in the APAC region Jaani Heinonen.
Both KDL and Senior are operating within different segments of the battery industry and have recently entered into agreements with the Swedish company Northvolt. Several questions were discussed during the visit, ranging from visa applications and residence permits to the Swedish housing market and uncertainty for global investments due to the coronavirus covid-19. Both KDL and Senior are planning to set up operations in Sweden during the coming years.
The trip to Jiangsu was the Consulate General’s first visits outside of Shanghai for 2020.
