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Dear members and friends of FinnCham,

The normally very beautiful Beijing winter looks almost ghostly right now. The usual sights and sounds of people and cars are missing. Since November 19th, restaurants, cafes, and all other unessential shops are closed. People are working mainly from home. The only crowds are the ones in Covid-testing queues. Beijing has gone to a so-called soft lockdown. What will happen next, no one knows. We can see that decision makers are in the same situation. 
It was only a couple weeks ago, on November 11th, when twenty measures to ease restrictions were launchedby . However, as more power was transferred to local authorities, the impact has been the opposite and yet the spread of the virus can’t be controlled anymore. These events mirror the spring of 2020 when this whole situation first started. Psychologically and economically speaking, the situation is unbearable. The vaccination situation of the elderly is still poor, and the Chinese government has every reason to be worried about their health.

The situation is also affecting the companies. The Team Finland November Pulse Survey indicated clearly that companies have put their investments in China on hold. The negative effects of continued zero-Covid policy on revenue, profit and investment expectations in 2022 became evident. Close to 80% of respondents expect a slightly or considerably worse outcome for the year. Also, 51% of respondents are seeing a negative impact on revenue or investments in China in 2022 due to Russia’s continued war of aggression in Ukraine. However, only 10% of the respondents acknowledge the potential negative impact of the US State Department China Chip Act on their business in China. Read the full results . The next survey will be the Business Confidence Survey in Q1 2023.

This month we've had the pleasure of participating in two events with face-to-face meetings. First, Thirty Finnish companies participated in a hybrid matchmaking event in the Daxing Economic Development Zone at Team Finland's “Regional Opportunities” -event. The event was very successful. The Chinese partners were not only big companies, but they were also hand picked to cooperate with Finnish companies. We've also gained very good media coverage, thanks to the , liaised by the Daxing local authorities to help with communication.
The second event was Team Finland's biannual meeting at the Finnish Ambassador’s Residence Nov 20-21. At the time only a handful of people were able to participate on-site. Other TF stakeholders and company representatives from Shanghai, Guangdong, and Hongkong had to participate online. However, the meetings were excellent and helpful for understanding the strategy of Team Finland for the upcoming year. Focus areas will fall under three main categories: 1. Carbon Reduction 2. Consumer, Food and Health, and 3. Digitalization (with plenty of subcategories). Mattie Bekink from The Economist shared a very insightful outlook on China, which you can read .
We are not expecting any major changes on the current Covid policy in December. Majority of events will be held online, where they are easily accessible to everyone. In terms of carbon neutrality opportunities, FinnCham together with Danish and Norwegian chambers have launched the Greener Together webinar series. The webinar will be hosted once every month with outstanding experts. The first session was held November 24, and the next one will be on December 15th. Stay tuned for more information.

As the winter season has just begun, our gust writer this month is from the "Winter city", Lahti. Our member Lahti Region Development unit LADEC share their experiences on operating and gaining visibility here in China from a distance. China (Hebei) Ice & Snow Industry Development Conference opening ceremony was held last Friday. The related Expo with Finland Pavilion was postponed to March 2023. Ladec is one of the seven Finnish wintersport companies having the presence also there.

Until now this newsletter has been published at the end of month, every month. However, we'll be taking a small hiatus this December and starting next year we will be publishing the newsletter on the 15th day of each month. Therefore, the next one will be scheduled for mid-January. I'd like to take this opportunity on behalf of FinnCham Beijing to wish you all a great Christmas time.

Happy Christmas Season to everyone!

Ulla Nurmenniemi
Executive Director
Yongkang City (Zhejiang) for manufacturing
Yongkang City (Zhejiang) for manufacturing
China Association of Small and Medium size Enterprises (CASME) is the biggest association for SMEs. They together with Yongkang City, which is the heart of China OEM (Original Equipment Manufacturing), are helping Finnish companies to match with related companies. So, if your company have needs of manufacturing hardware, small or large, feel free to contact us.

FinnCham: ulla@finnchambj.org
Business Finland: oliver.zhou@businessfinland.fi
Upcoming events
The Online event – Finland-China (Yantai) Smart Manufacturing and AI Foru...


Dec 1, 2022
(2:30 PM - 5:00 PM) (GMT+8)


Qingdao, Shandong
How to learn Finnish? Level course intro...
Chinese language webinar


Dec 13, 2022
(8:00 PM - 9:00 PM) (GMT+8)


Dec 15, 2022
(4:00 PM - 5:00 PM) (GMT+8)
Traditional Finnish Christmas Party
Bring your colleagues and friends


Dec 16, 2022
(6:00 PM - 9:00 PM) (GMT+8)


Restaurant MOI
Beijing Shi
City of Lahti - From Winter Sports Capital to Global Sports Innovation Hub
In 2017, City of Lahti hosted the FIS Nordic World Ski Championships for seventh time. After the event as a legacy of the games, Lahti started to develop international sports business with new strategy and concept. At first, the development work focused naturally on winter sports. Lahti has been a venue for high-level winter sports events for 100 years. At the same time, China began preparing for the 2022 Winter Olympics. In Lahti, this was seen as an opportunity for cooperation between the countries. Lahti became one of the main players when the winter sports cooperation between China and Finland was built up. The cooperation with China and especially with the city of Zhangjiakou was the starting point for Lahti's development into an international innovation center for the sports sector.
After being the center of winter sports events for 100 years, Lahti wanted to update the sports city brand to be more versatile. Lahti wanted to build a future based on sports business for the next 100 years. In Lahti, there are expertise and conditions for more than 400 sports disciplines. The two Olympic Training Centers enable world-class coaching expertise, and the local universities bring strong expertise in R&D related to the sports sector. One of the greatest crown jewel in terms of research is the Sports Engineering Research Center (SERC) recently launched by LUT University. SERC's home is at LUT University's Department of Mechanical Engineering. The key research areas are related to computing, simulation technology and biomechanics. In cooperation with the Pajulahti Olympic and Paralympic Training Center, the research is integrated with strong sports physiology expertise. The role of Lahti Sports Hub in the sports engineering platform is to bring innovations from sports entities to be researched by SERC. As a result, new research data and new know-how are formed for the sports sector, but also diffused from sports to other industries.
In addition to sports, Lahti's other spearhead of expertise is sustainable development. Lahti was awarded as the European Green Capital for the year 2021. The achievement in huge for such a small city as Lahti (120 000 inhabitants), but it didn’t come out of nothing. Lahti has invested in environment since the 80s. Today 99% of household waste is recycled and the city has abandoned using coal for district-heating. As a result of long-term work, Lahti will be carbon neutral in 2025. What does this mean for Lahti as a Sport Business Hub? It means that Lahti is not only a leading Nordic centre for sport business development but it is a true hub for innovations and expertise related to sustainability in sports. Already, Lahti's know-how in sustainability is widely quoted in global sports networks.
The transformation from traditional winter sports city to multidisciplinary expertise center of sustainable sport business development is proceeding fast and Lahti is ready to contribute the discussion and development of sport related innovations World-wide. With strong and wide international networks around the Globe, Lahti can act as a Global Sport Business Gateway that facilitates the development of business value chains by co-creation and R&D to accelerate the startup, SME and corporation businesses and cooperation between them.

Author: Isto Vanhamaki
Head of Development,
Lahti Region Development LADEC Ltd
Past events
Greener Together Webinar: China's Low Carbon Goals - Oct 24
Greener Together Webinar: China's Low Carbon Goals - Oct 24
Nordic sustainability webinar series was kicked off by opening session. The first experts were Technology and Innovation Consul Mika Klemettinen from the Consulate General of Finland in Shanghai, Chief Expert Kaare Sandholt from Energy Research Institute of Academy of macroeconomic Research, and Sustainability Director Anders Lennartsson from IKEA China.
China (Hebei) Ice & Snow Industry Development Conference Opening Ceremony - Oct 25
China (Hebei) Ice & Snow Industry Development Conference Opening Ceremony - Oct 25
Focusing on the Post Olympics and promoting the International Cooperation of Ice and Snow Industry, event is important for wintersport companies. Ambassador Leena-Kaisa Mikkola, and FinnCham Chair Juha Tuominen contributed the event by speeches. The related Expo with Finland Country Pavilion will take place in March 2023.
Join FinnCham in China
FinnCham Beijing is part of Team Finland in China, and an outstanding platform for all Finnish businesses in China. For those companies which need more visibility, we have launched a Premium Membership. It's an upgrade from normal membership, as you can see from the table below.

For those companies in Finland, who are planning to expand their businesses to China, or are in the early stage and don't have an office in China yet, we have a distant membership. A very cost-effective way to make your company known to a large audience, and get essential contacts for your future.

Not a member yet: Join us 
Premium Membership benefits:
  • Get your logo on frontpage of FinnChamBJ website
  • Get your logo on all newsletters and event invitations
  • Get an advertisement to FinnChamBJ webpage
  • Write an article to FinnChamBJ Newsletter once a year
  • Organize an event for other members and other people using FinnChamBJ event platform once a year
PLUS normal Membership benefits:
  • Option to join FinnCham Premium Health Insurance Plan
  • Network opportunities with all other member companies
  • Keep updated what's happening in China-Finnish business
  • Make new business contacts
  • Access FinnChamBJ events with member price or free of charge, access member-only events
  • Enjoy discounts of various service and product providers
  • Get your company logo, description and key products to membership directory in FinnChamBJ website
Proxy membership benefits:
  • Get monthly newsletter
  • Get one article to newsletter when joining
  • Network opportunities with all other member companies through FinnChamBJ
  • Keep updated what's happening in China-Finnish business
  • Make new business contacts
  • When visiting in Beijing, access events with member price or free of charge, access member-only events
  • Enjoy discounts of various service providers in Beijing (e.g.hotels)
  • Get company logo, description and key products to membership directory on FBCB website
  • Option to join FinnCham Premium Health Insurance Plan

CONTACT for more information:
Ulla Nurmenniemi, Executive Director, FinnCham

Meet the board term 2022-2023
FinnCham Beijing’s mission is to help Finnish companies to succeed in China
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