Hungary Welcomes Chinese Business Delegation, Expects More Cooperation
Sumaira FH Published February 09, 2023 | 11:10 AM
BUDAPEST, Feb 9 (UrduPoint / Pakistan Point News - 9th Feb, 2023 ) :More cooperation in investment and trade is expected as Hungarian company and business representatives met in the Hungarian capital with a visiting business delegation from east China's Zhejiang Province that is seeking trade and investment opportunities.
Speaking at the Hungary-Zhejiang Investment and Trade Cooperation Matchmaking Conference on Monday, Erno Peto, president of Hungarian-Chinese Chamber of Economy, said he was glad to welcome "a large Chinese delegation in three years" here in Budapest.
Zhejiang Province is recognized for its importance in the Chinese economy and has an investor-friendly business environment, he said.
"Zhejiang is a good entry point to the Chinese market for Hungarian companies, just as Hungary is a good platform for Chinese companies to enter the European market. I believe that Hungarian investors will be welcomed," Peto added.
Zsanett Ihasz, manager of Chinese Relations of Hungarian Export Promotion Agency, said at the meeting that China and Hungary have established "exemplary and prosperous" business cooperation over the past seven decades, and Hungary has become an important destination country for many Chinese companies as well as an important transit and distribution center for access to the European market.
Hungary highly values all the opportunities to meet its Chinese partners in person, she said, recalling that the two countries have been able to maintain a close relationship in the form of online conferences and business-to-business meetings during the COVID-19 pandemic. "As a result, our relationship has shown unprecedented flexibility." Ihasz said she believed the event will provide a platform to boost business opportunities between the two countries.
"The (Chinese delegation's) presentations are very impressive. I can see a lot of potentials in China," Giddel Edwin-Uzoaga, a sales manager in the building industry, told Xinhua, naming technological and infrastructural development in Zhejiang.
Edwin-Uzoaga, whose company's business focuses on innovative clean technologies, said he is upbeat about cooperation with China. "I really hope that we can find the right partners that could work with, and maybe set up a joint venture and then see how it goes in the nearest future. "
Recent Stories
Israel carries out attack inside Iran, report US media
Saudi Assistant Minister of Defence calls on army chief
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 19 April 2024
Today Gold Rate in Pakistan 19 April 2024
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
G7 hears calls for 'critical' Ukraine aid
EU seeks to leverage might to confront China, US challenge
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
Pak-New Zealand match called off due to rain
NHA restores traffic on roads affected by recent rains in Balochistan
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
More Stories From Miscellaneous
-
Transforming education sector: from job hunters to job creators
2 hours ago -
Amjad Bobby remembered on 19th death anniversary for timeless contributions to music
4 days ago -
Legendary actor Nadeem’s 26 films released on Eid-ul-Fitr days in 50 years
5 days ago -
Besant Hall Cultural Centre to celebrate evening with Sanam Marvi on 26 April
5 days ago -
Radio Bahawalpur presents program “Eidi Shidi”
8 days ago -
Radio Bahawalpur to broadcast Eid programs
10 days ago
-
DC, DPO Haripur inspect bus terminals to review fares compliance
12 days ago -
Second phase of refugees’ repatriation to start after Eidul Fitr vacations
12 days ago -
Reaping bounties as Ramazan culminates
12 days ago -
Digital transformation – a boon or bane
12 days ago -
Plants’ business: Another casualty of climate change
14 days ago -
Eid shoppers prioritize children’s joy over personal comforts
14 days ago