Chinese research institute signs agreement on bringing regional headquarters to Budapest
Hungary's National Innovation Office and the Beijing Genomics Institute (BGI) Shenzhen signed a cooperation agreement on establishing the Chinese company's Central European headquarters in Budapest at a conference organized by the National Development Ministry on Tuesday.
The agreement was signed by National Innovation Office chairman György Mészáros and BGI CEO Wang Jian.
BGI was founded in Beijing in 1999 with the mission of supporting the development of science and technology, building strong research teams, and promoting the development of scientific partnerships in the field of genomics, according to the company's website. In 2007, BGI's headquarters was relocated to Shenzhen as the first citizen-managed, non-profit research institution in China.
The agreement was signed after the opening of the China Hi-Tech Fair in Budapest.
Participating at the fair were construction magnate Sándor Demján, who heads business association VOSZ, which recently established the Hungarian-Chinese Development Council; Chinese ambassador to Hungary Gao Jian; and Deputy Prime Minister Zsolt Semjén.
Semjén said he saw a good chance for cooperation between Hungarian and Chinese companies in the areas of medicine and biology, green technologies and electronics.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.