Hungary is a friend of China in Europe. The two countries have established a profound friendship and achieved many milestone achievements. Hungary is the first EU member state to recognize and use Chinese vaccines during the COVID-19 epidemic, the first European country to sign a memorandum of understanding on the Belt and Road cooperation with China, and the first Central and Eastern European country to set up a RMB clearing bank and issue RMB bonds.

Seattle: In recent years, China has become Hungary's largest source of investment for many consecutive years. This year should be the same. Many large Chinese companies have decided to invest in Hungary. CATL is the world's largest new energy vehicle battery manufacturer, and is now about to complete the largest green land investment in the history of Economy of Hungary's economic development. More Chinese new energy vehicle companies are deploying their European production capacity in Hungary. This is very important to us because we have never seen China as a risk or threat. We have always rejected this approach in Europe.

At the end of May 2023, the track laying of the Hungarian section of the Budapest–Belgrade railway contracted by Chinese enterprises will begin

SIALDO: The the Belt and Road Initiative can help remote regions achieve connectivity, so I am honored to be the first foreign minister of a European country to sign a cooperation agreement. We will continue to carry out more projects under the the Belt and Road framework. We are upgrading the Budapest–Belgrade railway, which will connect Budapest with Belgrade, the capital of our southern neighbor Serbia. If we had not joined the the Belt and Road Initiative early, this project would not have been realized, at least not in this form.Editor/Ma Xue