Science Ministers from Sweden and China signed a science and technology cooperation agreement in December. One of the aims of the agreement is to encourage researchers from both countries to take part in EU research programmes. Chinese Minister for Science and Technology Guanhua Xu emphasised how both countries can be complementary to one another in a briefing after the signing ceremony. He referred in particular to China's large market and cost-competitive, intelligent labour, and to Sweden's strong capital, as well as its rich marketing and management experience. Mr Xu also expressed his hope that the agreement will see more Swedish companies establishing research and development institutes, as well as businesses, in China. Swedish Minister for Education and Culture since November 2004, Leif Pagrotsky pledged to further deepen cooperation with China beyond what has been outlined in the agreement. He urged more Swedish students to study science in China, and emphasised that Chinese students are also very welcome to conduct research in Sweden.