Chinese President Xi Jinping has arrived in Hungary as part of his first European tour in the last five years, aiming to strengthen bilateral relations and explore opportunities for cooperation.
The agenda for Xi’s visit encompasses discussions on pressing global issues, notably the ongoing conflict in Ukraine, alongside deliberations on infrastructure projects that promise to further cement the economic partnership between Beijing and Budapest.
Notably, Hungary stands out as an important ally for China within the European Union, steadfast in its commitment to bolstering economic and political relations despite wavering sentiments among other EU member states.
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The evolution of Sino-Hungarian relations, from political overtures to substantial investments, reflects the concerted efforts of both governments to foster a robust partnership.
Under Orbán’s leadership since 2010, Hungary has actively courted Chinese investment, resulting in significant ventures such as the €7.3 billion battery factory being constructed by CATL in Debrecen and the establishment of Chinese electric car maker BYD’s first European plant in Szeged.
A signed article by President Xi Jinping was published on Wednesday in the Hungarian newspaper Magyar Nemzet, before his state visit to Hungary. Take a look at the key messages in the article. #XiVisit #XiQuotes (1) pic.twitter.com/JxPTlDeJTk
— Xi’s Moments (@XisMoments) May 9, 2024
Xi Jinping’s visit to Hungary, along with his article published in the pro-government Hungarian media celebrating the 75th anniversary of diplomatic relations between China and Hungary, suggests a strengthening of ties between the two countries.
Hungary plans to sign at least 16 agreements with China during Xi Jinping’s three-day visit.
Meanwhile, Hungarian Foreign Minister Péter Szijjártó has rejected information that Xi may travel to the southern city of Pecs to announce investments by the Chinese car manufacturer Great Wall Motor.
