In a significant move marking the 75th anniversary of diplomatic relations, Chinese President Xi Jinping is visiting Hungary, signaling a deepened partnership in Europe’s heartland. This visit not only commemorates decades of collaboration but also paves the way for future economic and infrastructural advancements between China and Hungary.
Gladden Pappin, president of the Hungarian Institute of International Affairs in Budapest, highlighted the evolution of this relationship since Hungary launched its Eastern Opening Policy under Prime Minister Viktor Orbán about a decade ago. This policy aligned Hungary with China’s Belt and Road Initiative (BRI), attracting substantial Chinese investment and fostering multifaceted exchanges.
A centerpiece of this cooperation is the Budapest-Belgrade railway, a major infrastructural project aimed at enhancing transportation links across the Balkans to Greece’s Piraeus port. Scheduled for completion in the next few years, this railway is set to boost regional economic integration and connectivity.
Marian Duris, a foreign policy analyst at the European Parliament in Brussels, emphasized the stability of Hungary-China relations under Orbán’s leadership. "This visit by President Xi reaffirms the long-term, friendly ties between our nations," Duris remarked, underscoring the strategic importance of the BRI for Central Europe.
Beyond infrastructure, the economic collaboration extends to sectors like electric mobility and battery manufacturing. Companies such as Nanjing Chervon and BYD are establishing manufacturing sites in Hungary, signaling growth in the green technology sector and positioning Hungary as a logistical hub in the region.
As Europe navigates a complex geopolitical landscape, the strengthened partnership between China and Hungary exemplifies the enduring benefits of diplomatic and economic cooperation. President Xi’s visit is poised to lay the groundwork for further advancements, reinforcing the mutual interests and shared growth prospects on the global stage.
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Hungarian handshake: Xi's visit deepens links in Europe's heartland
cgtn.com
