Sweden'S "Abandonment" Garment Industry Will Enter The Electronics Industry (2)

Increasing investment into global trend

Since the end of the 1980s, under the pressure of the increasingly collectivization of the global economy, Europe has also accelerated its pace towards economic integration.

The Swedish economic community will not let go of this opportunity, thus causing another economic globalization in Swedish history.

In the boom of marriage, the most striking is the merger of Asia Ge Corp and Brown Boveri, Switzerland, making up the largest electric manufacturing company in the world, ABB.

At the same time, Swedish enterprises are making foreign investment hot.

In 1986, Sweden's foreign direct investment increased from 14 billion kronor in the previous year to 25 billion kronor.

By 1990, Sweden's foreign direct investment amounted to SEK 84 billion in just a few years.

It was not until Sweden decided to join the European Union that its foreign investment began to decrease.

The member states of the European Union are the main investors of Swedish enterprises.

As of 1990, about 84 billion of kronor's foreign investment in 60 billion was invested in the European Union's 12 member countries.

Government regulation and control must be done.

These two times for the Swedish economy.

In the 70s of last century, when the traditional industries such as shipbuilding, mining, iron and steel, textile and clothing were unsustainable, the Swedish government issued a series of major measures in time to resolve the impact.

The government first nationalized most of these industries, then contracted the scale of production through mergers, and gradually pferred the employment personnel of these industries to other industries through the channels of vocational training.

At present, almost all of the iron ore mining industry in Sweden belongs to the state-owned LKAB company, with fewer than 10000 employees.

As the state invested a lot of money, the government implemented more adjustment measures to these declining traditional industries, which did not cause great social fluctuations and effects.

In the late 80s of last century, the government also stimulated the export and development of Swedish multinationals through currency devaluation measures to help the Swedish economy out of the recession.

In 1991, the government reformed the tax system, reduced the corporate income tax from 40% to 28%, and supported the dominant enterprises with preferential policies.

Since the early 80s, Sweden has built 24 science and technology parks, attracting domestic and foreign enterprises to invest in R & D, and promote the growth of new and high technology talents and industrial upgrading.

Among them, Hista (KISTA) Science Park has become the world's second largest technology park after Silicon Valley.

At the end of the last century, the government also invested billions of dollars to strengthen the broadband network construction, greatly improving the development environment of the information industry.

China should take its own road of development

In recent 30 years, it has been paying close attention.

Today, China is playing the role of "world factory" in the global industrial chain. China's economic growth of more than 60% has created exports, and exports are basically dominated by manufacturing. Tian Fengshan, a professor of the Chinese people's Congress, believes that although China is now facing the pressure of rising labor costs, compared with the western developed countries, labor costs have obvious advantages. At present, no country can replace China into a new world factory. China should increase its efforts in terms of technology and employee benefits.