China-Hungary relations at their highest point Investment, political, cultural exchanges testimony to accelerating bilateral ties
China Daily Global
2024/05/10

Chinese  and Hungarian flags fly on Tuesday on the Elisabeth Bridge in Budapest,  Hungary, ahead of President Xi Jinping's visit to the Central European  country. BERNADETT SZABO/REUTERS


Relations between China and Hungary are at their highest point ever,  according to Hungarian and Chinese experts, who said they hope the  upcoming state visit by President Xi Jinping to Hungary will help  further boost ties.

Levente Horvath, director of the Budapest-based Eurasia Center, said  bilateral cooperation in economic, political and cultural areas has  reached its highest point in the 75 years of diplomatic ties between the  two countries.

He said Hungary's Eastern Opening policy launched 14 years ago and China's Belt and Road Initiative are a perfect match.

"The cooperation between China and Hungary has become ever closer,"  Horvath, a former Hungarian consul-general in Shanghai, told China Daily  in fluent Chinese.

He cited the fast-growing bilateral trade and the fact that China is  the largest investor in Hungary as testimony to the good relationship.

"It's a great time for President Xi to visit Hungary to celebrate the  75th anniversary with our President (Tamas Sulyok) and Prime Minister  (Viktor Orban)," Horvath said.

"We hope this visit will help further accelerate the development of the bilateral relations."

Csizmadia Norbert, external director of Bank of China Central and  Eastern Europe Ltd, stressed that cultural and educational exchanges  have played a crucial role in enhancing mutual understanding and  people-to-people bonds between the two countries.

"The increasing number of Chinese language learners in Hungary and  Hungarian students studying in China reflects the growing interest and  appreciation for each other's cultures and traditions," he said.

He pointed out that cooperation in the fields of science, technology  and innovation has seen significant progress, with joint research  projects and academic exchanges contributing to advancements in various  sectors.

"Looking ahead, there are promising opportunities for further  deepening and diversifying the cooperation between China and Hungary,"  Csizmadia said.

"Both countries can explore new areas of collaboration such as green technology, healthcare, tourism and digital economy."

He also believes strengthening connectivity through initiatives like  the BRI can create additional momentum for bilateral cooperation.

"The China-Hungary relationship has been developing at a very high  level, and bilateral cooperation has been very fruitful," said Ding  Chun, director of the Center for European Studies at Fudan University in  Shanghai.

Ding noted that Hungary has been one of China's major economic and  trade partners in Central and Eastern Europe and an important Belt and  Road country.

"The state visit to Hungary by President Xi will further boost the  political mutual trust and break new ground for BRI cooperation," he  said.

He believes Hungary's six-month rotating presidency on the Council of  the European Union starting on July 1 will also help contribute to a  steady development of China-EU relations.

Imre Hamar, vice-rector for international affairs at Eotvos Lorand  University, said the China-Hungary relationship is probably at its best  in history.

"Our government warmly welcomes cooperation with China in various fields," Hamar, a sinologist, told China Daily in Chinese.

"Our government hopes Hungary will become a hub for Chinese  investors," he said, citing a list of Chinese investors in Hungary, from  electric car maker BYD to battery maker CATL.

He noted the increasing number of Chinese investors have been good  news for his students studying Chinese. Many of his students pursuing  master's degrees work for Chinese companies during the day and go to  school after work.

Hamar said he has been invited by Prime Minister Orban to attend the welcoming banquet for President Xi.

"It would be a great honor if I get to toast President Xi or chat a  few words. That would be the happiest thing for me," he said.

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