Railways, direct flight discussed by China-Hungary committee [Updated]

Visits

Railway developments and relaunching a direct flight between Hungary and China were among the topics discussed at a meeting of the Chinese-Hungarian Joint Economic Committee in Beijing on Tuesday, co-chairman Péter Szijjártó informed national news service MTI.

Both sides agreed on the importance of renovating the Budapest-Belgrade rail line as well as building a ring line for freight trains around the Hungarian capital, Szijjártó said.

Farm products could boost Hungary’s exports to China, he said, noting the Chinese government had signaled it could issue permits for the import of Hungarian hogs, duck, goose and rabbit.

The committee is meeting on Monday and Tuesday in advance of Prime Minister Viktor Orbán’s arrival for an official visit on Wednesday.

Orbán’s official program starts on Wednesday, local time, when he is scheduled to meet the head of the Bank of China and address an economic forum at the China Council for the Promotion of International Trade (CCPIT) headquarters. Later he will meet with his counterpart Li Keqiang and sign several bilateral agreements.

Ending his visit on Thursday, Orbán will address the Chinese Academy of Social Sciences and visit the Hungarian Cultural Institute in Beijing. He will then meet Xi Jinping, President of the People’s Republic of China, and Zhang Dejiang, Chairman of the Standing Committee of the National People’s Congress.

Orbán and Li Kequiang met last November at the Bucharest China-CEE summit in the presence of Serbian Prime Minister Ivica Dačić and agreed on the Budapest-Belgrade rail upgrade. They also made plans for Budapest to become a regional hub for Chinese trade in Central and Eastern Europe.

ADVERTISEMENT

Business, consumer confidence improves - Századvég Analysis

Business, consumer confidence improves - Századvég

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.