Projects worth $280m inked at Zhejiang (Ningbo) - Hungary seminar

Businessmen from Zhejiang and Hungary sign projects at the Zhejiang (Ningbo) - Hungary Seminar on Economic & Technological Cooperation in Budapest, the capital of Hungary, on May 28. [Photo/zj.zjol.com]

A seminar on economic and technological cooperation between Hungary and Ningbo in East China's Zhejiang province was held in Budapest, the capital of Hungary, on May 28.

More than 200 businessmen from Zhejiang and Hungary engaged in trade negotiations and 13 projects worth $280 million were inked covering areas such as trade, logistics, security and auto manufacturing. 

Che Jun, Party chief of Zhejiang, conveyed optimism about the future prospects of bilateral relations and expressed a willingness to deepen cooperation.

This year marks the 70th anniversary of the establishment of Sino-Hungarian diplomatic relations. Hungary is an active player in cooperation between China and Central and Eastern European Countries ("17+1 Cooperation") while Zhejiang, especially Ningbo, plays an important role in "17+1 Cooperation", which has created a solid foundation for Zhejiang-Hungary cooperation, said Che at a meeting with Hungarian government heads and dignitaries a day earlier.

Che also visited Baranya, a Hungarian state, on May 27 and signed a cooperation deal with the governor. Fifteen years ago, Zhejiang established a partnership with the same state. 

In addition, Che met with several Zhejiang natives living in Hungary, encouraging them to run businesses back home and promote Zhejiang in the country.

Che Jun (left), Party chief of Zhejiang, signs a cooperation deal with the governor of Baranya on May 27. [Photo/zj.zjol.com]