The Chinese market offers great opportunities. It ranks second after the USA as the most important economy worldwide. For Switzerland, China is one of the most important foreign trade partners, especially since the Free Trade Agreement went into effect on July 1, 2014. The FTA improves the mutual market access for goods and services and promotes cooperation between Switzerland and China. Some customs and other trade barriers have been completely or at least partially abolished. Exports to China have increased in the first 12 months of the FTA by 3 percent, imports by 4,2 percent. The agreement offers new opportunities for the Swiss export industry suffering under the strong Swiss franc and thus helps to save jobs in Switzerland.
Machines, instruments, and watches are among the most important goods exported to China. That is why especially for the Canton of Solothurn, with its strong precision and watch making industry, Chinas market offers lucrative opportunities.
Looking for opportunities in China? Would you like to gain access to the Chinese market? Solothurn China Services brings you together with the right partners, so you can turn your potential into success.