Chinese foreign minister stressed Hungary's bridgehead role in Sino-European cooperation

Wednesday, October 29, 2014

Hungary can serve as a bridgehead in Sino-European cooperation said Chinese Foreign Minister Wang Yi in Beijing after meeting Hungarian Foreign Minister Péter Szijjártó on Tuesday.

"China pays utmost importance to China - Central European regional cooperation and appreciates the fact that Hungary serves as the flagship in this cooperation" said Szijjártó to MTI in Beijing. In the Central European region, so far Hungary has received the most Chinese investment, about $ 3.5 billion; according to the Chinese foreign minister, Chinese companies' foreign investment will accelerate in the near future of which Central-European region can be the beneficiary.

The Chinese foreign minister pointed out that the Hungarian government's Eastern Partnership policy and China's Silk Road model mutually reinforce each other. The Hungarian foreign minister added that Hungary offers one of the best transit options for Chinese exports to Europe.

It is clear that bilateral economic relations between China and Hungary are problem free said the minister.

Between 2003 and 2013 the value of trade between China and Hungary increased six fold; last year Hungary exported $ 2 billion worth of goods to China, which is an increase of 8 percent comparing to the previous year.

I and my Chinese host have reviewed international political developments as well. I assured my Chinese host that Hungary is interested in a negotiated settlement of the Ukrainian armed conflict. My host stressed the China is interested in a secure and stable European Union as a partner said Péter Szijjártó.

Hungarian diplomats remarked that the special attention towards Hungary by the Chinese leadership is clearly detectable in the fact that the Hungarian foreign minister was invited to the Asian country shortly after his inauguration as the new foreign minister of the country. It is also indicative that the two foreign ministers' midday program lasted half an hour longer than scheduled.

Szijjártó also announced that "Hungarian agricultural and food exports companies received permission to sell pork, goose, duck and rabbit meat to China" adding that four Hungarian companies have already received authorization for export and two more licenses are pending.

The Hungarian foreign minister stressed that the two countries eliminated all obstacles to Hungarian beef exports to China; all documents relating to beef export will be signed in November when the Hungarian Minister for Rural Development visits China.

Szijjártó also announced that the University of Pécs and Hebei United University will establish the fourth Confucius Institute in Hungary, which besides teaching and disseminating of Chinese culture will focus on the promotion of the millennia-old Chinese traditional medicine.

Information and technology giant Huawei on Tuesday pledged to donate 25 thousand dollars to Hungary's public university research and development program. The offer coincided with the 65th anniversary celebration of the establishment of diplomatic relations between China and Hungary.

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