Translation. Region: Russian Federal
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, July 18 (Xinhua) — Chinese investment has significantly improved Hungary's economic performance and supported the country's ongoing structural reforms, Hungarian Foreign and Trade Minister Peter Szijjarto said on Friday.
P. Szijjártó made the statement during a working breakfast in Budapest with the heads of Chinese companies operating in the country. “Hungary is proud to be the main European destination for Chinese capital, and we want to maintain this position,” he noted.
Highlighting Hungary's success in attracting Chinese investment, P. Szijjártó said that "in 2020, 2023 and 2024, Chinese companies became the largest investors in our country." "These investments bring advanced technologies and create a significant number of stable jobs," he added.
The Hungarian Foreign Minister stressed the importance of global connectivity and cooperation based on mutual respect, noting that Hungary rejects the division of the world into competing blocs.
He warned that undermining or limiting Chinese-European economic ties would create serious problems for the European economy.
For his part, Chinese Ambassador to Hungary Gong Tao highly praised the fruitful results achieved in Chinese-Hungarian trade and economic cooperation, saying that thanks to the joint efforts of both sides, bilateral trade and economic cooperation will reach new heights, “will make an even greater contribution to economic development and improving living standards in both countries, and will continue to deepen the friendly relations between our countries.” –0–
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