Source: Hong Kong Government special administrative region
Following is the speech by the Financial Secretary, Mr Paul Chan, at the National Day of Sweden reception 2026 today (June 5):
Consul General Ms Louise Bergholm (Consul General of Sweden to Hong Kong), Deputy Commissioner Zhang (Deputy Commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the Hong Kong Special Administrative Region Mr Zhang Changwei, members of the diplomatic community in Hong Kong, distinguished guests, ladies and gentlemen,
The Swedish Chamber of Commerce in Hong Kong is a strong testament to our enduring business ties. This year, the Chamber celebrates its remarkable 40th anniversary – 40 years of bringing Hong Kong and Swedish businesses together.
Our role as a gateway to the Chinese Mainland, our business potential, free market economy, and simple and low tax regime remain the most appealing advantages for Swedish companies here.
There is much scope for collaboration with Sweden in AI – from research and application to education and talent development. A recent study by Statistics Sweden reports that 35 per cent of Swedish companies used at least one form of AI technology last year, well above the European Union average of 20 per cent.