Hungary Hails China Ties as Szijjarto Hosts Wang Yi in Budapest Talks | APT

Strengthening Hungary-China Strategic Partnership

• 💡 Hungary views China as a crucial player in the emerging new world order, enhancing their comprehensive strategic partnership.
• 📊 China has been the largest source of foreign direct investment in Hungary for three consecutive years, contributing to economic modernization.
• 🤝 Hungary is considered a steadfast strategic partner by China, with both nations emphasizing mutual respect and cooperation.

Economic and Infrastructure Development

• 🚀 Chinese investments, including BYD and CATL production, are positioning Hungary as a leader in Europe's new electric car industry.
• 🚄 The Budapest-Belgrade railway will begin freight services in February and passenger services in March, improving regional connectivity.
• ✈️ Air connectivity between Hungary and China will significantly increase from 42 to 77 weekly flights, boosting trade and exchanges.

Foreign Policy and Global Views

• 🕊️ Hungary supports China's peace efforts in Ukraine and opposes the continuous supply of arms and funding to Ukraine by European nations.
• 🌍 Hungary values the stability of US-China relations, considering both countries key economic partners outside Europe.
• ✅ China appreciates Hungary's consistent support for the One-China policy and its independent development path.

Fostering Cultural and EU Relations

• 📚 Both nations aim to deepen people-to-people exchanges, with Hungary establishing its seventh Confucius Institute and China offering visa-free travel.
• 🇪🇺 Hungary and China advocate for healthy EU-China relations, viewing China as an opportunity and partner rather than a threat.
• 🌐 They support a multipolar world and global governance initiatives to address current global turbulences.