BUSINESS

Slovenia Touts Itself as Investment Destination for China’s Auto, Green Tech Firms

Published: Dec. 13, 2024 8:05 p.m. GMT+8

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Matjaž Han Slovenian Minister of Economy, Tourism and Sport. Photo: Embassy of Slovenia

Slovenia could serve as a gateway for Chinese companies to enter Europe, a government minister said, calling for more Chinese investment in local sectors such as automotive and green energy.

Economy, Tourism and Sport Minister Matjaž Han told Caixin in a recent interview that Slovenia’s commitment to a green, sustainable economy can offer opportunities to Chinese companies, particularly in clean energy sectors like solar power.

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Explore the story in 30 seconds

Slovenia sees opportunities for Chinese investment in its automotive and green energy sectors, highlighting its role as a gateway to Europe for Chinese companies.
Trade between Slovenia and China is imbalanced, with China exporting significantly more to Slovenia than vice versa, prompting Slovenia to seek better trade balance.
Slovenia, along with some EU countries, has been cautious about EU tariffs on China-made EVs despite findings of unfair competition practices, advocating for cooperation instead.

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What Happened When

Between January and October 2024：: China exported $3.727 billion worth of goods to Slovenia, while Slovenia's exports to China were $300 million.

October 4, 2024：: The EU's 27 member states voted on tariffs on China-made EVs; Slovenia was among the five countries that voted against it.

October 2024：: An event for "mutual acquaintance and networking" between Slovenian and Chinese carmakers was hosted in Ljubljana, backed by the Ministry of the Economy, Tourism and Sport.