Orban, who is attending the Second Belt and Road Forum for International Cooperation in Beijing, expressed firm support for the Belt and Road Initiative, calling it “an opportunity rather than a threat”.
Orban said that “the Hungarian government and people cherish the extraordinary friendship with China” and that Hungary is optimistic about China’s high-tech development and welcomes investment from China.
The paper cited Xi as saying that China and Hungary should cooperate within the Belt and Road framework, including the upgrade of the Budapest-Belgrade railway, and “strive for more concrete results”. The Chinese president noted that “this year marks the 70th anniversary of the establishment of diplomatic relations between the two countries and China looks forward to working with Hungary to bring the bilateral comprehensive strategic partnership to a new level.”
All political and cultural conditions are in place for further developing economic ties between Hungary and China, the foreign minister said in Beijing on Friday, prior to signing bilateral business contracts. An effective economic cooperation with China is key for Hungary as China, the world’s largest economy today, offers Hungarian businesses a major market, Peter Szijjarto said. Applying cutting-edge technology, Chinese businesses help efforts to increase the competitiveness of the Hungarian economy.
Continuing good cooperation with telecoms giant Huawei is a national economic and strategic interest for Hungary, Szijjarto said after meeting James Li, Huawei Technologies European regional chairman, and William Wu, head of the Hungarian subsidiary. The minister told MTI that he had made it clear to the Huawei officials that no company in Hungary would suffer a disadvantage because of its nationality as long as it respects Hungary’s rules of law. Szijjarto said Hungary’s economy was undergoing a dimensional shift, which coincides with global trends that see digital solutions and 5G technologies become basic conditions of business success.
Source and photo:thehungaryjournal