Minister Szijjártó congratulates China’s new foreign minister on appointment
The foreign minister said Hungary and China were “in a good position” to further develop their ties.
The foreign minister said Hungary and China were “in a good position” to further develop their ties.
Chinese investments may allow Hungary to maintain growth when Europe appears on the cusp of recession.
The foreign minister said that Hungary-China relations are stable, underpinned by good cooperation at a personal level fostered through education and culture.
The foreign minister has consulted by phone with Chinese counterpart Wang Yi, and discussed economic bilateral ties amid the current global turmoil.
Hungary could become a logistics and distribution hub in Central Europe if it can participate in a bigger share of trade volume between Asia and Western Europe.
PM Orbán said trade and economic ties between Hungary and China developed swiftly even in 2020.
Hungary and China have agreed that a vaccine factory being built in Hungary will be set up to accommodate the manufacture of a Chinese coronavirus vaccine.
The foreign minister said there was a need for cooperation based on reciprocal interests and mutual respect rather than “sanctions and hostilities”.
Péter Szijjártó, Minister of Foreign Affairs and Trade, said China and Hungary strove to restart economic cooperation after a setback due to the coronavirus pandemic this spring.
Ambassador Cornstein said Hungary and the central European region “all of a sudden … became very, very attractive”.
László Palkovics said a 2019-2022 framework agreement signed with Vice Minister of Education Zheng Fuzhi includes 230 scholarships, involving MsC, BsC and PhD places, as well as short-term research positions.
“Today, China is our number one trade partner outside the European Union,” the Foreign Minister said.
Hungarian-Chinese relations have recently been raised to a “strategic level” by Hungarian Prime Minister Viktor Orbán and Chinese President Xi Jinping