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New Swiss-Chinese Chamber of Commerce Established
The New Swiss-Chinese Chamber of Commerce was established Wednesday in Beijing, indicating big progress in economic, trade and commerce cooperation between the two countries.
Dr. Ursbuch Mann, chairman of the chamber, said that Swiss-Chinese Chamber of Commerce was set up in 1980 in Zurich. In 1996, the chamber opened a branch in Beijing.
With 83 members, the new chamber will further promote economic and trade exchanges and cooperation between China and Switzerland, he said, adding that more small and medium-sized enterprises in Switzerland will be introduced to China to carry out investment projects.
Statistics show that there are 500 Swiss enterprises operating in China. Last year, the Sino-Swiss trade volume toped 18 billion yuan (US$2.2 billion), up 33 percent over 1999.
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