Shanghai, April 8, 2025 Business Sweden hosted its first “Pioneer the possible” workshop of the year in Shanghai – part of the celebration of the 75-year anniversary of diplomatic relations between Sweden and China, and the first activity after the newly formed Chinese-Swedish Working Group on Green Transition Investments, a joint statement symbolizing both nations’ shared commitment to the green transition.

The event provided a platform for in-depth discussions on China’s evolving economic environment and emerging opportunities for sustainable development. The event brought together experts and representatives from over ten Swedish companies operating in China to explore green business prospects and foster collaboration.

The workshop opened with welcoming remarks from Ms. Amanda Alkemark, Regional Manager of Government Affairs, APAC at Business Sweden. She introduced the organization’s latest study on the growing influence of geopolitical developments on global supply chains, highlighting the increasing role of geopolitical dynamics in shaping trade and investment patterns.

Mr. Guo Wei, General Manager of SinoCarbon Innovation and Investment, presented a detailed analysis of China’s 15th Five-Year Plan (FYP), focusing on its ambitious carbon reduction targets. Mr. Guo emphasized China's strategic shift from controlling energy consumption to managing carbon emissions—a pivotal change aimed at advancing the country's carbon goals. He pointed out both the challenges and opportunities that lie ahead, particularly in the expansion of non-fossil energy sectors.

Following this, Mr. Liu Xinyi, Deputy Director of the Green Partnership of Industrial Parks, presented insights into the rise of zero-carbon industrial parks across China. He discussed the growing business potential associated with these developments, including pilot projects and investment projections across various sectors. His presentation emphasized the key role of green industrialization in advancing China’s climate targets.

The workshop also featured Mr. Xi Suodi, Senior Associate at King & Wood Mallesons, who analyzed the departure of the Renewable Energy Certificate (REC) mechanism and its implications for China’s renewable energy sector and green finance landscape. Mr. Xi provided an overview of the financial frameworks underpinning the carbon market and emphasized the need for solid green financing tools to sustain the low-carbon transition.

The event concluded with a Q&A session and closing remarks by Ms. Amanda Alkemark, who reiterated the importance of Swedish-Chinese collaboration in driving green transformation.

Looking ahead, “Pioneer the possible” will continue to collaborate with local partners to organize follow-up activities focused on green transition business opportunities.