• Iceland-China Cooperation  >> Icelandic Investment In China

Along with their increasing internationalization, more and more Icelandic companies are entering into the Chinese market by various forms of investment, i.e. JV, M&A or by establishing subsidiaries. The Icelandic Embassy has organized the Icelandic Business Forum to assist and coordinate bussiness activities of Icelandic companies in China.

In recent years, about 30 Icelandic companies have entered into the Chinese market, mainly in big and secondary cities along the east coast of China (including Hong Kong), with various businesses in  fisheries processing, equipment & machinery, maritime logistics, food processing, pharmaceutical and health care products, banking, sourcing, geothermal energy, real estate, textile, shoes, computer games etc.

In order to promote Icelandic business growth in China, the Icelandic Embassy initiated in 2006 the informal Icelandic business association for Icelandic companies in China - Icelandic Business Forum.  At present, there are 18 corporate members and 3 individual members in IBF.