Econ Development Minister Signs 4 Agreements in China

Int’l Relations

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Minister of Economic Development Márton Nagy signed four agreements in China yesterday, after talks between Prime Minister Viktor Orbán and Chinese Premier Li Qiang, his ministry said in a release on its website.

Nagy signed agreements on strengthening cooperation in the area of digital economy, on cooperation and exchanges in the area of economic development policy, on cooperation in the area of technological development, and on bolstering cooperation in the area of digital economy development.

"Hungary's goal is to be a part of technological advances in the global economy, and that requires a deepening of economic cooperation between the two countries, especially with regard to digitalization and the development of the Digital Silk Road," Nagy said.

The agreements signed yesterday aim to boost cooperation in the areas of the digital economy, new energy carriers, emissions reductions, 5G and 6G telecommunications technologies, the manufacture of pharmaceuticals and medical equipment, SMEs, the green economy, and artificial intelligence, among others, he added.

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