Chinese Foreign Minister Wang Yi and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto reaffirmed commitments to deepen bilateral cooperation during high-level talks in Budapest this week. The discussions, held on February 12, 2026, highlighted progress in technology, infrastructure, and cross-border investment under China's 15th Five-Year Plan.
Economic Synergy Takes Center Stage
Wang emphasized China's role in Hungary's economic modernization, noting that Chinese investments have created over 15,000 local jobs since 2023. The imminent full operation of the Hungary-Serbia railway—a flagship Belt and Road Initiative project—promises enhanced regional connectivity for Central European markets.
Innovation-Driven Collaboration
Both nations agreed to expand cooperation through the China-Hungary Science and Technology Cooperation Committee, targeting breakthroughs in artificial intelligence and renewable energy. Szijjarto praised Chinese enterprises for accelerating Hungary's transition to smart manufacturing systems.
EU-China Relations: A Stabilizing Force
Wang reiterated China's position as a 'trustworthy partner' for Europe, citing 50 years of diplomatic achievements. The ministers discussed plans to coordinate positions on global governance reforms ahead of key UN meetings later this year.
Cultural Bridges and Future Prospects
Building on Hungary's participation in China's visa-free program, both sides announced new cultural exchange initiatives for 2026. These include joint research projects in quantum computing and expanded university partnerships.
