President Xi Jinping left Budapest on Friday, wrapping up his fruitful three-nation Europe visit, which both Chinese and European analysts believe injects momentum into China-Europe relations as well as future multipolarity and global stability.
At a farewell event held by Hungarian Prime Minister Viktor Orban and his wife on Friday, Xi said China is now advancing the great rejuvenation of the Chinese nation on all fronts through Chinese modernization, and China’s high-quality development and opening-up will provide more opportunities for Hungary.
On Thursday, China and Hungary decided to elevate bilateral relations to an all-weather comprehensive strategic partnership for the new era. To enrich the new relationship, the two sides are committed to enhancing synergy between the Belt and Road Initiative (BRI) and Hungary’s “Eastern Opening” policy, said a joint statement released after Xi’s meeting with Hungarian Prime Minister Viktor Orban.
According to the statement, the two sides will further deepen cooperation on finance, encourage financial institutions of both sides to provide financing support and financial services for trade and investment cooperation, further tap the cooperation potential in green finance and other fields, and continue to jointly issue green Panda bonds. They will also strengthen exchanges and cooperation on land and spatial planning, expand cultural and people-to-people exchanges and cooperation, and strengthen coordination and communication on tourism policies.