Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Budapest, January 8 (Xinhua) — China will retain its position as Hungary's largest source of investment in 2025, said Istvan Joo, head of the Hungarian Investment Promotion Agency (HIPA) and government commissioner for investment promotion and major foreign direct investment projects, on Thursday.
In a video published on social media, he stated that in 2025, Hungary would attract investments totaling more than €7 billion (US$8.17 billion) through 108 major projects.
The projects covered sectors such as electronics, automotive, mechanical engineering, chemicals, information and communications technology, pharmaceuticals and medical equipment, creating 18,200 jobs.
Chinese companies accounted for the largest share of total investment, followed by investors from Singapore. Hungarian investors ranked third, while companies from the United States and the Republic of Korea ranked fourth and fifth, respectively.
In recent years, China has consistently ranked first in terms of foreign investment in Hungary. According to HIPA, Chinese direct investment in Hungary reached €5.28 billion in 2024, accounting for 51 percent of total foreign investment in the country.
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