Ericsson joins SSE to study China

BANGALORE: Ericsson and the Stockholm School of Economics have agreed to create a programme aiming to generate in-depth knowledge of Chinese business and economics and China's impact on global trade patterns.

The programme will create a base for a unique competence center in Stockholm, Ericsson said in a press release today.

The Ericsson China programme comprises several components designed to support the capacity of Sweden to follow developments in China, strengthen Swedish-Chinese relations in economics, business and research and its impact on the world economy. The programme embraces economic and business research, education, seminars and conference programmes as well as advice.

The programme will start on January 1, 2007 with Ericsson and the Stockholm School of Economics as co-founders.

An advisory board consisting of representatives from Ericsson, the Stockholm School of Economics and the China Center for Economical Research at Peking University guide the programme.

Carl-Henric Svanberg, president and CEO of Ericsson, said: "Understanding the business and economics of China is a necessity for Ericsson as well as all other of the world's leading global companies. China has established itself as a crucial player in the world economy and has emerged as one of the most important strategic markets."

This new initiative creates the base for a competence center in Sweden with the aim to understand the complexity of Chinese business and economics and to strengthen Ericsson's and Sweden's relations with China, he added

The programme will be based at the Stockholm School of Economics. It will coordinate closely with the China Center for Economical Research at Peking University, China's leading institute in economics and economic policy research.

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