This year marks the 75th anniversary of diplomatic relations between Hungary and the People’s Republic of China. Established just five days after the founding of the new republic on October 6, 1949, Hungary was among the first nations to recognize and establish ties with China. Celebrating this milestone, Chinese President Xi Jinping is currently on a state visit to Hungary, invited by Hungarian leaders.
The historic visit signifies a deepened friendship and a robust framework for future cooperation between the two nations. During his stay, President Xi is expected to sign 16 bilateral agreements and memoranda of understanding (MoUs). These agreements will lay the groundwork for comprehensive policy collaboration and address regional disparities within Hungary.
Hungary’s commitment to international cooperation was exemplified in 2015 when it became the first European nation to join China’s Belt and Road Initiative (BRI). This partnership has been pivotal in developing Hungary’s transport infrastructure and networks, leveraging China’s expertise in this sector.
Hungary’s strategic location in Central Europe makes advanced transportation solutions essential for enhancing its connectivity. The planned infrastructure projects aim to link less developed regions with more prosperous areas, thereby improving mobility and increasing labor market flexibility. These advancements are expected to drive economic growth and foster greater regional integration.
As Hungary and China continue to build on their longstanding relationship, this state visit underscores their mutual commitment to fostering economic development, enhancing infrastructure, and strengthening bilateral ties for years to come.
Reference(s):
China-Hungary ties: Historic state visit cements enduring friendship
cgtn.com
