日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Economic ties between China and Hungary prosperous

Xinhua | Updated: 2019-05-22 13:31
Share
Share - WeChat
A building of BYD electric bus factory is seen in the northern Hungarian city of Komarom, on April 4, 2017. [Photo/Xinhua]

BUDAPEST - As the first European country to sign a cooperation document with China on the Belt and Road Initiative (BRI), Hungary's economic ties with China have prospered in recent years.

With a steady growth momentum in trade over recent years, Hungary is China's third largest trading partner in Central and Eastern Europe, and China is Hungary's largest trading partner outside the EU.

According to Chinese statistics, in 2018, the bilateral trade volume between China and Hungary reached a record high of $10.88 billion, an increase of 7.5 percent over the previous year. Among them, China's imports from Hungary were $4.34 billion, an increase of 6.5 percent year-on-year, while China's exports to Hungary were $6.54 billion, a yearly increase of 8.1 percent-on-year.

China's investment in Hungary is also growing steadily. Hungary is China's largest investment destination in Central and Eastern Europe. Chinese investment in Hungary covers various industries such as chemical, financial, telecommunications, new energy, automotive and logistics.

In 2016, Chinese car maker BYD set its sights on Hungary when seeking to invest in a manufacturing plant in Europe. In September 2017, BYD's first passenger car in Hungary rolled off the assembly line. In December 2018, the first electric bus prototype co-produced by a CRRC, a Chinese supplier of rail transit equipment, and Hungarian automaker Icarus, was unveiled in the country.

BorsodChem, the largest chemical material manufacturer in Hungary, was on the edge of bankruptcy in 2009. In 2011, Chinese chemical company Wanhua acquired a 96 percent stake in BorsodChem, which is the largest investment by Chinese companies in Central and Eastern Europe. BorsodChem has turned losses into profit since 2014, and its profitability has increased year by year. In 2017, it became one of the 100 biggest companies in Central and Eastern Europe.

In recent years, financial cooperation between China and Hungary deepened. In April 2016, the Hungarian government successfully issued renminbi bonds of 1 billion yuan in Hong Kong. In July 2017, the Hungarian government again issued renminbi bonds of 1 billion yuan in the Chinese interbank bond market. In December 2018, the Bank of China completed the listing of renminbi-linked Structured Notes issued by Hungary on the Budapest Stock Exchange.

Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto told Xinhua in April that the country is proud to be the first European country to sign an intergovernmental cooperation agreement with China over BRI, and that the BRI accords with the Hungarian government's "Opening to the East" policy, adding that Hungary is making efforts to achieve tangible benefits through dovetailing the BRI with the policy.

"We respect the Chinese investors and the Chinese companies in this country because they have contributed to the success of our national economy," he said. "They have brought technologies to the Hungarian economy which helped us to enter this new digital era of global economy," said the minister.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产精品久久久爽爽爽麻豆色哟哟 | 一级特色黄大片 | 狠狠色狠狠色 | 欧美无乱码久久久免费午夜一区 | 欧美乱码伦视频免费 | 99re在线观看 | 亚洲一区二区中文字幕 | 性欧美激情在线观看 | 成人在线第一页 | 67194国产精品免费观看 | 亚洲自拍另类 | 久久蜜桃av一区二区天堂 | 人人爽久久涩噜噜噜蜜桃 | 久久久久成人精品免费播放动漫 | 色拍拍欧美视频在线看 | 午夜小电影 | 在线欧美 | 毛片免费一区二区三区 | 午夜在线观看视频 | 国产大尺度吃奶无遮无挡网 | 久久精品视香蕉蕉er大臿蕉 | 青青草一区 | 99精品视频在线观看re | 成人午夜网站 | 国产福利不卡视频在免费播放 | 国产精品一区久久久久 | 日日操av| av国产精品| 在线日韩欧美 | 免费黄网站在线播放 | 成人瑟瑟| 亚洲成人在线免费视频 | 亚洲美女综合 | 欧美一区二区三区免费观看视频 | 黄色成年在线观看 | 99久久99视频 | 国产成人久久 | 日韩视频在线观看 | 天天影院成人免费观看 | 日韩一区二区三区视频 | 一级片免费观看 |