Prime Minister Viktor Orbán held talks with Chen Siqing, head of the board of directors of the Industrial and Commercial Bank of China, the largest bank in the world, on Wednesday.
PM Orbán visited ICBC’s headquarters and discussed high-level cooperation within the Belt and Road initiative. At the talks, PM Orbán highlighted ICBC’s role in the development of Hungary’s economy and trade, as well as in Hungary-China trade. The prime minister informed his partner about Hungary’s economic development and his government’s plans to support competitive industries and Chinese companies investing in Hungary. He encouraged additional Chinese investments in Hungary and said he counted on ICBC’s cooperation. “China and Hungary are faithful partners in the Belt and Road initiative,” Chen said, adding that he saw great opportunities for further cooperation in all areas. He said his bank would promote a close tie between the Chinese initiative and Hungary’s national strategy, better financial services in Hungary and in central Europe, as well as contribute to economic, trade and pragmatic financial cooperation between China and Hungary. ICBC has 415 branches in 49 countries worldwide, including 20 countries in Africa.