Chinese press reports on President Xi Jinping’s visit to Hungary
Chinese President Xi Jinping is arriving in Budapest, Hungary today. On this occasion, not only the Hungarian but also the Chinese press reported about the visit. According to China’s Xinhua news agency, the Hungarians believe that the Chinese President’s visit to Hungary is of great importance. As the news agency reports, the Hungarians expect the visit to deepen the already traditional friendship and mutual political trust between the two countries, and to open a new chapter in their friendly cooperation.
Chinese press reports on Xi Jinping’s visit
Xinhua News Agency is the official state news agency of China, founded in 1931. It is now China’s largest press agency, functioning as a ministry-level bureau. Xinhua is both a publishing house and a news agency, publishing in several languages, Index writes.
“On the afternoon of 2 May, the annual conference on “Belt and Road” pragmatic cooperation between China and Hungary was opened in the famous Vigadó Concert Hall in the Hungarian capital Budapest, accompanied by Chinese folk music,” the Chinese press agency begins its report.
“Hungary and China have made fruitful progress in the joint construction of the Belt and Road, and the Hungarian people are looking forward to participating in further Belt and Road projects,” the report says, according to Index. It was reported that on the run-up to President Xi Jinping’s visit to Hungary, Minister of National Economy Márton Nagy reiterated Hungary’s strong will to strengthen cooperation with China. According to the report, the minister said that the visit of President Xi Jinping is of great importance.
On 3 May, the Minister also gave an interview to the leading Chinese press agency, in which he highlighted the Bank of China’s presence in Hungary. The financial institution, which has been present for 21 years, has also chosen Budapest as its Central and Eastern European headquarters. He also highlighted China’s achievements in the electric transition, citing the country’s exemplary development of companies, infrastructure and incentives for people to buy electric cars.
“Protectionism is a false path, it leads to a dead end for economic development. Especially in the field of electric cars, where only competition can force Europe to become more competitive,”
the Minister said, according to the Chinese press agency.
It is expected that the parties will sign several important agreements, which could also have a significant impact on Hungary’s economic development, Világgazdaság pointed out.
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