PHOTOS: Hungary takes part in China investment and trade fair

Hungary is participating as a guest of honour at the China International Fair for Investment and Trade (CIFIT) in Xiamen, China, Levente Magyar, a state secretary of the foreign ministry, said in his opening remark at the event.

China International Fair for Investment and Trade

“This is a great opportunity and a great honour for us,” as many companies can present themselves with products, services and innovative solutions, he said. Mr Magyar noted that Xiamen is located in Fujian province, the source of most Chinese FDI, therefore they have held talks with the governor and the city administration on how to further expand relations.

China International Fair for Investment and Trade (CIFIT) in Xiamen, China. Photo: MTI/KKM (Külgazdasági és Külügyminisztérium)

The state secretary noted that next year Xiamen will become the eight city in China that will have a direct flight to it from Budapest. They also discussed cultural ties, he added. The CIFIT events is being organised for the 24th time.

Hungary is being represented at the event by the Hungarian Export Promotion Agency (HEPA), the Hungarian Tourism Agency, national investment promotion agency HIPA, Agrarmarketing Centrum (AMC), the Hungarian Wine Marketing Agency, the National Industrial Park Management and Development Company (NIPUF) and the Hungarian Innovation Agency.