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Chinese ambassador in Budapest: China ready to cooperate further with Hungary
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China is ready to cooperate further with Hungary in the framework of the Belt and Road Initiative and the Hungarian government’s Eastern Opening policy, Gong Tao, the Chinese ambassador to Hungary, said at a conference in Budapest on Friday.
75th anniversary of Hungary-China diplomatic relations marked
The ambassador said China wanted to enhance its cooperation with Hungary and launch projects in areas such as artificial intelligence and the green transition, addressing the event organised to mark the 75th anniversary of the establishment of diplomatic relations between China and Hungary.
Gong Tao said both sides had insisted on honesty, friendship and a “win-win style” cooperation, and that had established the foundation for their relations. Although China and Hungary are far apart from each other geographically, they have always respected and supported the development path that each has chosen, while taking into account each other’s fundamental interests as well as main concerns, he added.
He underscored that the Hungarian government had stood by the One China principle and opposed any separatist behaviour that would undermine China’s national unity. He said that China also respected the domestic and foreign policy that Hungary had chosen, suited to its own needs, and supported the country’s efforts to maintain national stability and advance economic development.
Chinese ambassador: China is the biggest foreign investor in Hungary
He said the two countries would continue to deepen their cooperation in trade, investment and infrastructure, as well as participate together in building up the Belt and Road Initiative. He noted that China had been the biggest foreign investor in Hungary in 2023, and that Chinese investments in the country had created more than 10,000 jobs and given the economy a big boost.
With bilateral trade reaching more than USD 13bn, China is Hungary’s biggest trading partner outside of the European Union, he said. Cargo flights and investments have made Hungary a logistics hub between China and Europe, he added.
Gong Tao said connections between Chinese and Hungarian people also provided a strong foundation for bilateral ties, adding that Hungarian was a subject at twelve universities in China, while Hungary was home to six Confucius Institutes and one dual Chinese-Hungarian school.