The delegation, led by Mayor Luo Yunfeng, was welcomed by Miklós Bornemisza, Vice-president of the International and Foreign Economic Cabinet responsible for China and Péter Babák, Head of the International Relations' Office. The delegation included key figures from several government departments instrumental in driving forward trade, industry, and investment initiatives between China and Hungary.
Key Points of Discussion
Strategic Cooperation & Innovation
Building on the foundation of President Xi Jinping's May visit, discussions focused on strengthening partnerships under the Belt and Road Initiative (BRI), with Hungary’s central role in Central Eastern Europe positioning it as a strategic partner. Hefei’s outstanding industrial growth, particularly in IT, green energy, and aerospace, presents exceptional opportunities for joint innovation.
Industry & Investment Focus
Hefei has become China’s second-most advanced industrial city, excelling in areas such as smart appliances, AI development, and renewable energy. It is also pioneering in sectors like quantum energy and aerospace technology, creating a solid base for a mutually beneficial relationship with Hungary’s expanding industrial landscape.
Knowledge and Technology Transfer
Collaborations may encompass Hungary’s water management solutions and food processing expertise, while Hefei could share advancements in rail transport and explore potential joint ventures in industrial park development to serve as hubs for economic and technological exchange.
Cultural & Natural Synergies
Both Hefei and Budapest share a commitment to sustainability and preserving natural resources. Hefei’s Chao Lake, Anhui’s largest freshwater lake, symbolizes this shared value and their efforts toward eco-friendly urban development.
Looking Ahead
A potential reciprocal visit could open doors for participation in Hefei’s AI Conference and International New Energy Vehicle Exhibition. BKIK is tailoring an MOU to foster deeper partnerships, laying the groundwork for future B2B exchanges and expanding investment opportunities. With BKIK’s 4000+ member companies, Budapest remains an attractive and welcoming environment for Chinese investment.
