Ten Member States voted in favor of the EU's punitive tariffs on Chinese electric vehicles.Continue reading
The Hungary-China Investors Roundtable was established at the end of October with the participation of key business players and business interest groups to ensure the effective and successful implementation of Hungarian-Chinese cooperation, the body announced on Thursday.
The release recalls that the Hungarian Government and the People’s Republic of China signed an agreement on the “One Belt One Road” intergovernmental strategic cooperation in 2023. The Hungary-China Investment Roundtable is an independent panel of experts that provides proposals, opinions, and advice to help the two countries achieve their strategic and agreed objectives effectively and successfully, and contributes to the preparation and implementation of bilateral cooperation and projects, they write.
The Hungary-China Investment Roundtable aims to deepen the Hungarian-Chinese comprehensive strategic partnership and promote cooperation in areas of common interest, including economy, trade, agriculture, investment, transport, education, science and technology, health, sports, culture, and tourism.
The Investors Roundtable is composed of professional interest groups with a long history and high recognition, including
and their delegates from key municipalities, interest groups, and market-leading enterprises as members.
During the inaugural meeting, the members signed the founding charter of the Investors Roundtable and adopted its short and medium-term strategic and action plan.
In addition, the founders unanimously elected Tamás Janzsó, President of the Association of Hungarian Industrial Parks, as the first Chairman of the Investment Roundtable.
Hungary can play a key role in China’s expansion in Europe, providing a stable economic environment and appropriate infrastructure for Chinese businesses, while China’s dynamic growth market offers unique opportunities for Hungarian businesses to establish themselves on the international stage, reads the press release.
They add that
bilateral investment and cooperation will promote the exchange of experience and the spread of technological innovation in both countries, contributing to a more sustainable and competitive economic environment.
The founders also decided to open a Chinese representation of the Roundtable, to create a project preparation and qualification portal, a municipal area-based database of investment sites, a qualified supplier, and entrepreneur database to promote the role of the Hungarian SME sector, and to launch the “Eurasia Club” as an Entrepreneurship Business Club to facilitate “more informal” contacts.
Via MTI, Featured image: Pixabay