The Hungarian Minister emphasizes the status of China-Europe Railway Express as a transportation h
Hungary is one of the EU countries and Schengen countries. Its superior geographical location is an important link connecting Eurasia. In the past few years, China-Hungary relations have achieved many milestone achievements. In 2010, the Hungarian government began to implement the “open to the east” policy, in 2015, Hungary and China signed a memorandum of understanding on jointly building the “Belt and Road” initiative, which was the first EU country to sign the agreement. In 2017, Hungary and China upgraded their bilateral relations to a comprehensive strategic partnership. The "17+1" mechanism between China and Central and Eastern European countries also provides a valuable platform for the two countries to deepen bilateral cooperation in important areas. At present, China has risen to Hungary's largest trade and investment partner outside the EU. Hungary has become a hot spot for Chinese companies to invest and start their businesses, and it is also an important transit point for entering the European market.
Park Dynamics
