Innovation and Technology Minister László Palkovics and Xu Ningsheng, the president of China’s Fudan University, meeting in Shanghai on Monday, signed a memorandum of understanding on the university’s setting up a Budapest campus.
Shanghai-based Fudan is among the world’s top 40 universities, according to QS World University Ranking, Hungary’s innovation and technology ministry said.
It has 4,500 teachers and more than 30,000 students.
Welcoming the project, Palkovics said cooperation between the two universities would help Hungary become a regional knowledge hub.
“With its presence and eminent foreign professors, Fudan can play a significant role in the internationalisation of Hungarian education. The planned opening of the campus could promote additional Chinese investments in Hungary and the establishment of research and development centres of Chinese companies in Hungary,” the ministry cited Palkovics as saying.
Fudan will be the first Chinese university to establish a campus abroad, in Budapest.
The Chinese government regards the campus a leading project in bilateral relations, the ministry said.