Principles of progress in European principality

Although it is the sixth-smallest country in the world, Liechtenstein has big dreams of attracting more tourists and other business from China.

Private wealth management in China would be the main focus for the tiny, landlocked, European nation. Nestled between Switzerland and Austria, Liechtenstein is anticipating healthy interest from wealthy Chinese customers because of its diversified asset management products.

While tourism is the mainstay of Liechtenstein's ties with China, economic relations have also been making steady progress. China is the second-largest economy in the world, but still has a low per capita income, while Liechtenstein, which has the world's second-highest GDP per capita in the world, is only the size of a Chinese township.