China and Switzerland signed a comprehensive agreement

In 2009, China and Switzerland signed a comprehensive agreement on investment followed by a free trade agreement in 2013.

This enabled growth in both imports and exports of goods as well as an increase in company shareholdings.

On December 30th, 2020 China and the European Union signed a comprehensive agreement on investment going further than the Swiss agreement by including the market for cloud-services.

A further sign from China for market opening.