Budapest "pins high hopes" on its cooperation with China, Orbán said.
He noted that the two countries' political friendship had a deeper, cultural foundation, too. It was "not by chance" that Hungary was the first country in the Soviet Bloc to recognize China and the only country in Central Europe to consistently support the "One China" principle from the very start.
Li Qiang said the "close friendship" between China and Hungary fosters the development of bilateral ties at the highest level. Hungarian-Chinese ties are in their best period yet, he added.
After the talks, intergovernmental agreements were signed on bilateral projects implemented in the framework of the Belt and Road Initiative, on cooperation in the areas of education, industry, and investment, and on technological development, digital economy, and climate protection.
Orbán will participate at the third Belt and Road Forum on Tuesday and Wednesday. He will also hold bilateral talks with President Xi Jinping, and meet with executives from big Chinese companies and banks.
China is Hungary's ninth-biggest trading partner, and Chinese-owned companies employ close to 20,000 people in Hungary, according to the report. This year, Chinese companies form the biggest group of foreign investors in the country.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
