Chinese Foreign Minister Wang Yi outlined a strategic roadmap to deepen bilateral cooperation with Hungary during high-level talks in Budapest this week, emphasizing mutual trust, economic collaboration, and global governance reform.
Foundation for Future Collaboration
At a joint press conference with Hungarian Foreign Minister Péter Szijjártó on February 12, 2026, Wang stressed the importance of maintaining high-level political trust between Beijing and Budapest. The two nations reaffirmed support for each other's core interests, with China praising Hungary's adherence to the one-China principle.
Economic Priorities Take Center Stage
Wang highlighted progress on major infrastructure projects including the Hungary-Serbia railway, a flagship Belt and Road Initiative project. With Chinese investment in Hungary reaching record levels this year, both sides agreed to expand cooperation in artificial intelligence, renewable energy, and digital infrastructure.
Cultural Bridges and Travel Links
The recent opening of Hungary's seventh Confucius Institute and China's visa-free policy for Hungarian citizens were cited as key drivers for people-to-people exchanges. Wang invited Hungarians to experience China's development firsthand through expanded tourism opportunities.
Broader Implications for EU Relations
Addressing China-Europe relations, Wang stated: "Our partnership demonstrates that different political systems can achieve win-win cooperation through mutual respect." The ministers agreed to work toward stabilizing China-EU trade relations while maintaining Hungary's role as a bridge between East and West.
Global Governance Vision
Both nations committed to advancing President Xi Jinping's Global Governance Initiative, advocating for multilateral solutions to international challenges. Wang emphasized the need for reformed global institutions that better reflect developing countries' interests.
