Social Comment: What did Hungary do the right thing for "the largest investment in history"?
Author:Global Times Time:2022.08.15
In the Ningde Times of China's largest electric vehicle battery manufacturer, it will announce that it will spend 7.34 billion euros to build factories in Hungary. Once it is completed, it will become the largest battery factories in Europe. Hungary said that this will be the largest investment in the country's history. Some foreign media said that Hungary had obtained this "biggest investment in history" because of "very good". I have to say that this is a bit sour: "Don't want to" in your mouth, but erected his ears to the investment trend of Chinese companies. Highly concerned.
Why can Hungary's investment in Ningde era? Everyone can see that this is a normal business decision. Located in the center of Europe, it has a good foundation for industrial supporting, so that Chinese companies to Hungarian companies are closer to European customers and can respond to customer needs in a timely manner. What's more, Hungary provides Chinese enterprises with predictability in terms of policy and business environment. It is the first country in Europe to sign a memorandum of understanding of the "Belt and Road" cooperation with China, and gives Chinese enterprise investment a lot of preferential policies. Therefore, the number of Chinese companies invested in Hungary in the past two years has continued to increase, and the scale of investment has remained high. In 2021, the bilateral trade volume in China and Hungary increased by 34.5%year -on -year. Not long ago, Weilai Automobile announced its first overseas factory in Hungary to invest in construction. In June, Lenovo Group put into production in the first own production base in Europe in Hungary.
Some foreign media have been sour in Hungary, which has gained huge investments in the "long -term". With this work, it is better to reflect on it. For a long time, the United States has attracted the most foreign capital. However, in recent years, under the toxicization of pan -politicization and the atmosphere of pan -safety, it has created many extremely harsh precedents, allowing more and more original superior investment soil to invest in soil. Become a thunder area. For example, forcibly requires foreign high -tech companies to hand over technology, and even "technical confiscation" of capital makes many people feel that Washington is "grabbing". May I ask, if a company is worried about "Don't be confiscated someday" and "My money is drifting" at the time of investment, can it still develop with peace of mind? According to US media reports, Ningde Times planned to build factories in the United States for a long time and also inspected some places in the United States, but in the end, it is very likely to choose Mexico as an alternative to building a battery manufacturer. It should be said that its doubts are also the doubts of many other companies.
Over the past few decades, China has been one of the biggest beneficiaries of economic globalization and one of the biggest contributors. Among them, Chinese enterprises that are constantly investing in overseas investment and business expansion are indispensable. The Ningde era was undoubtedly conducive to the development of electric vehicles in Europe in Hungary. For those American Western politicians who interfere with pragmatic and rational cooperation or "values diplomacy", we must say that these people should reflect on the review, and they should no longer look at the investment of Chinese companies from a special perspective. When a series of political provocations and decourse disconnects have continued to deteriorate bilateral mutual trust and cooperation atmosphere, no company in the world will "send the door" and become the risk of being the next object of being surrounded by surrounding. If such political methods have been used to restrict economic behavior, it will only run counter to the general trend of economic globalization. This truth is simpler.
In the Ningde era, the choice of Hungary Factory was a case, but also a phenomenon of universal and inspiration. For some of the forces in Europe and the United States, it is increasingly drumming to examine Chinese investment with political eyes, Budapest insists on rational, pragmatic, non -blind obedience, and not allowed their national interests to be abducted by other people's political motivations. And predictability also brings it to it. The Hungarian ambassador to China said that Hungary was proud of becoming a "main entry point" for large Chinese companies to enter the European continent. The healthy and stable Sino -European relations and China -Europe economic and trade relations are both conducive to China and Europe and the world. The two sides should do the same to enhance economic and trade cooperation, including providing more "entry points" for more Chinese companies entering Europe, and connected to face.
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