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Chinese investments in Hungary create 10,000 jobs

Chinese investments have created about 10,000 jobs in Hungary, Chinese ambassador Gao Jian said at a conference in Budapest on Wednesday.

Last year, bilateral trade between China and Hungary reached $7.9 billion, of which Hungarian exports to China made up $2 billion, the ambassador said. Machinery and electronics account for 93% of Chinese exports to Hungary, while clothing, shoes and toys make up just 5%, he added. (MTI-Econews)