The 4th China-Central and Eastern European Countries (CEEC) Expo in Ningbo has become a focal point for emerging partnerships, with Hungarian state broadcaster MTVA anchor Balázs Beregi spotlighting transformative high-tech collaboration between China and Hungary. Speaking at the event, Beregi emphasized Hungary's strategic role as a hub for Chinese innovation, particularly in new energy vehicles (NEVs) and sustainable technology.
"Hungary's automotive sector is witnessing a revolution through Chinese expertise in battery production and smart manufacturing," Beregi noted, referencing recent investments by Chinese firms in Hungary's electric vehicle infrastructure. The expo showcases over 3,000 products from 15 CEEC countries, with green technology exhibits drawing particular attention from global investors.
Analysts highlight Hungary's unique position as both a EU member and key participant in China's Belt and Road Initiative, creating what one trade expert called "a bridge for technology transfer between East and West." The cooperation extends to renewable energy projects, with joint ventures in solar panel production and smart grid development gaining momentum.
For business professionals tracking Asian markets, the expo reveals growing opportunities in Central Europe's tech supply chains. Meanwhile, cultural observers note increased educational exchanges, with 20% more Hungarian students now studying in the Chinese mainland compared to pre-pandemic levels.
