Thursday, June 14, 2007

China's virtual plans are out of this world - WebWatch - Breaking Business and Technology News at

A virtual world to be set up in China could provide for as many as 10,000 jobs, its backers have predicted. Sweden-based Entropia Universe has been chosen to create a cash-based virtual economy for China in collaboration with Chinese online entertainment company Cyber Recreation Development (CRD). CRD is supported by the Beijing Municipal People's Government, and Entropia Universe - managed by Swedish company Mindark - predicts it will generate more than $1bn annually from the partnership with CRD.
Aside from creating jobs environmental benefits were an important consideration for the project - the more people working from home inside Entropia Universe the less pollution is generated by people commuting to work.
The collaboration will allow the Entropia Universe to support up to seven million concurrent users, with an overall aim of attracting roughly 150 million users from all over the world. The ability to grow under
the protective umbrella of Beijing will give Entropia a strong advantage in the Chinese market.
At the moment, the Entropia Universe lies on one planet called Calypso - which encompasses two continents with large expanding cities that offer a variety of entertainment and social interaction for citizens. Entropia Universe hopes this agreement with China will generate hundreds of new planets and open up space for travel between them.

Sunday, June 10, 2007

President of P.R.China Mr. Hu Jintao in Sweden

Chinese President Hu Jintao arrived in Sweden on Fryday June 8th for the first ever first by a Chinese head of state to Sweden in 57 years since the two countries forged diplomatic ties. The visit is of great importance to China-Sweden relations and is sure to push the relationship to a new level according to Chinese sources.

Mr. Hu Jintao finished his visit on Sunday June 10th with a dinner at Grand Hotel hosted by Dr. Peter Wallenberg. 200 representatives of the Swedish business community including Infonaut attended the dinner arranged by Sweden-China Trade Council, Swedish Trade Council, Conferderation of Swedish Enterprise, Swedish Trae Federation and Federation of Private Enterprises.

In his speech president Jintao pointed out that he was deeply ompressed by the beautiful landscape, vibrant economy and hardworking people of Sweden and particularly the friendship of the Swedish people to the Chinese people.

He mentioned the historical relations between China och Sweden going back to the 17th century, starting with Götheborg sailing to China, Svn Hedin discovering the ancient city of Loulan and the Swedish archeologist Johan Gunnar Andersson discovering the remains of Yangshao culture and majiayao culture. Sweden was the first western country to establish diplomatic relations with the P.R. of China 57 years ago.

The economic and trade relations between China and Sweden also have grown vigorously. The trade volume between the two countries reached 6.73 billion U.S. dollars in 2006, up 18 percent year on year. China has been Sweden's largest trading partner in Asia for four years running.

There were 844 Swedish investment projects in China by April 2007, with a total paid-in capital of US $1,39 billion. China har signed 1139 contracts worth US$ 10,2 billion to import Swedish technologies and equipment. Over ten Chinese companies are making or doing business here in Sweden.

Regarding China's economic development president Jintao pointed out three issues:
  1. China is committed to sustainable development. China will continue to follow the scientific thinking on development that is people-oriented and calls for comprehensive, balanced and sustainable development.
  2. China will continue itss strategy of win-win opening up. This means that China will continue to expand its economic cooperation and trade with other countries and regions.
  3. China is committed to protecting intellectual property rights.
China is going through a new round of economic growth, withaccelerating industrialization, urbanization and modernization. China´s market is fast expanding, unlocking huge potential for development. China will continue to boost domestic demand. China will continue to increase import to a total of 4 trillion US dollars in the coming five years.

To strengthen the business ties between China and Sweden president Jintao recommends the following steps:

  • Increase trade and improve trade structure, enhance mechanisms for trade cooperation and dialogue to create a more enabling and efficient trading environment and enhance cooperation, particulary in scientific innovation and service trade.
  • Strengthen cooperation in new energy and environmental protection, especially in raising energy efficiency in the construction sector and in hybrid energy and clean energy development.
  • Encourage technological cooperation between small and medium sized enterprises, set up platforms for them to increase business contacts and encourage them to share distribution channels and jointly develop products.
  • Take the Beijing Olympic Games and the Shanghai World Expo as a good opportunity to expand cooperation in the construction, use and management of venues and facilities.
The visit of president Jintao has opened unique opportunities for Swedish companies to break new ground in China-Sweden trade and business cooperation. The window of opportunity is open. Now its time to analyse chances and risks, strenghts and weaknesses and to develope a sustainable China-strategy for the coming years.
Infonaut supports companies with competitive intelligence and strategic advice.

Sunday, June 03, 2007

Swedish Institute in Second Life

Second House of Sweden — Sweden's embassy in the virtual world of Second Life - has opened its doors to the public om May 30, 2007. Sweden’s Minister for Foreign Affairs Carl Bildt cut the ribbon at an inauguration ceremony broadcast simultaneously to press conferences in Stockholm and in Budapest.

Second House of Sweden is a virtual replica of Sweden’s embassy in Washington D.C.
but it is not a real embassy. It’s basically an attempt to use a 3D virtual world for marketing Sweden world wide. The difference between Second Life and a regular website is 3D-interactivity. In Second Life uses interact in 3D and can also see all of the other uses who are visiting the same space. Second Life is aslo about role playing, group activities and learning by doing.

Inside and around the Second House of Sweden there is a wealth of exhibits and information. Some examples:

  • A recreation of Raoul Wallenberg's office in Budapest, with a re-enactment of his last day of freedom on January 16, 1945. (In cooperation with the OSA Archivum in Budapest)
  • An art exhibit, curated by Nationalmuseum in Stockholm
  • Royalty-free images of Sweden, fact sheets about politics, industry, design, art as well as virtual Swedish food, with real recipes attached
  • Throughout the region, listen to Radio Sweden's daily news podcasts in English
    Furniture by Swedish wood manufacturers and IKEA — some of which visitors can use to furnish their virtual homes in Second Life.