Why is China's "new energy" injected into Hungary?Relevant person in charge in Ningde Times mentioned three reasons for three points
Author:Global Times Time:2022.09.03
[Global Times reporter Li Zhen Chen Zi Shuai Liu Yilin] Editor's words: Not long ago, the Ningde Times of Chinese power battery companies officially announced the construction of a battery plant in Debelson, a eastern city of Hungary, with an investment amount of 7.34 billion euros. The largest project investment. "We are proud of this," said Hungarian Foreign Affairs and Foreign Economic Minister, Seato Peter, said, "Through this huge investment, we have further strengthened the position of the world's leading battery production base." China has signed a memorandum of understanding of the "Belt and Road" cooperation. Over the years, China -Hungarian economic and trade exchanges and cooperation and exchanges in various fields have been closely exchanged. With many preferential policies, Hungary has attracted a number of Chinese companies to invest, especially the investment factories of new energy companies. So, what role does Hungary play in the construction of the "Belt and Road"? What enlightenment and reference will the cooperation between China and Hungarian countries in China and other Central and Eastern European countries have?

On May 18, a list of Central European trains drove out of Guiyang to Budapest, Hungary.
Portal entering the European market
Reuters reported: "When European auto manufacturers accelerate the transformation of local markets to electrification, the plan to build factories in Hungary in the Ningde era will fill the European market's demand for the soaring power battery." Once the Ningde era was completed in Hungary, it will be completed, and it will be completed. Become the largest power battery factory in Europe, which radiates BMW, Mercedes-Benz and Volkswagen's auto manufacturer giants.
In the context of accelerating the pace of "carbon neutrality" in Europe, the EU's "European Green Agreement" has made a number of substantial progress, including the ban on the sale of fuel vehicles in the European Union since 2035. It is estimated that the amount of electric vehicles in the European Union will reach 30 million by 2030. This means that the European electric vehicle market will expand rapidly in the next few years, and the demand for electric vehicle power batteries will rise sharply. For Chinese companies, it is particularly important to find the "interface" to enter the European market. Experts told the Global Times reporter that under the "Belt and Road" initiative, Hungary played a key role in China's entering the European market portal.
China has the characteristics of low cost, broad markets, and high industrial chain in the global new energy industry. As the global industry needs to be transformed urgently, Hungary chose to actively seize the opportunities of the new energy industry and vigorously attract Chinese new energy companies. In July this year, Weilai Motor announced the construction of the first overseas factory in Hungary, becoming the European manufacturing center, service center and R & D center for its replacement stations. In March, the power battery company Yiyi Lithium Energy announced that it would establish a 45 -hectare factory in Hungary to produce a new type of cylindrical power battery.
In addition, Huawei, ZTE, Bank of China, BYD and other Chinese companies have landed in Hungary and are among the best in Europe. It is understood that China has become the largest investment partner in Hungary and the largest trading partner outside Europe. In 2021, China -Hungarian bilateral trade increased by 34.5%year -on -year.
Hungarian diplomacy and spokesman to the Ministry of Foreign Economic Affairs said: "Investment in Hungary in the Ningde era, Hungary's open strategy to China has implemented the new energy industry as the focus of Hungary's economic development."
Why is Hungary?
As an important country along the “Belt and Road”, Hungary is unlikely that the advantages of Chinese companies are favored by Chinese companies. The relevant person in charge of Ningde Times told the Global Times reporter: "First of all, Hungary has a long history of automobile manufacturing industry, good industrial facilities, and rich raw materials in the surrounding areas. Car companies, build factories in a timely manner to respond to customer needs in a timely manner. Third, Hungary, especially Debreson, has a good investment environment and has good infrastructure and talent reserves. ","

More importantly, Hungary provides Chinese companies with expected policies and business environment. According to the "Hungarian Daily News", Hungarian Foreign Affairs and Foreign Economy Minister of Foreign Economic Minister Seven Dado Peter once described Hungary as "the" world champion "of economic crisis management, which has" political stability ". Composed of the United States and Europe, Hungary's foreign policy based on mutual respect has been respected in most parts of the world, so the economic space has continued to expand.
It is worth noting that Hungary is an active participant in the cooperation framework of China and Central and Eastern Europe and the "Belt and Road". In 2015, Hungary became the first European country to sign the "Belt and Road" cooperation memorandum with China. It is the first Central and Eastern European countries to set up RMB liquidation banks and issue RMB bonds.
In order to deepen cooperation with China, Hungary has adopted a positive support policy for China's emerging industrial investment. Taking Ningde Times as an example, the government not only gave the 2020 Investor Award, but also provided 13.5 billion Fulin (about 230 million yuan) policy subsidies.
Zhang Junhong, the head of the Lenovo Hungary factory, told the Global Times reporter that the Hungarian factory is one of the largest manufacturing factories in Lenovo Group overseas. The construction costs 8.2 billion Fulin, of which 2 billion Fulin comes from the support of the Hungarian government. He said: "Based on Hungary's hub in central Europe, we can respond to the needs of markets from Europe, the Middle East and Africa faster and reduce logistics costs." Entering Hungary also means that it has opened up to Chinese companies that have opened up. European market. The relevant person in charge of Weilai Automobile said in an interview with the Global Times reporter: "After entering the Norwegian market, Weilai will accelerate the pace of 'out of the sea. By 2025, it will enter more than 25 countries and regions around the world. Production, let us provide us more efficiently to provide power supply equipment and services. "As an indispensable infrastructure for electric vehicles, charging and replacement equipment will become the" moat "that car companies open up the European market and maintain their own advantages, and further open the independent brand to further open Overseas markets provide possibilities.
"Open east" and the "Belt and Road" initiative are highly consistent
With the sound of loud whistle, the first "Hefei -Budapest" China -EU travele with solar components, pushing rod motors and other goods from the country was out of the Holgos Railway to Hungary. According to the China Belt and Road Network data, as of August 21, the cumulative number of China -Europe trains has entered a total of 10,000 columns since this year, which is 10 days earlier than last year. At present, the China -Europe trains have opened 82 running routes, which have reached 200 cities in 24 European countries.
Lan Qingxin, a professor at the National Academy of Foreign Opening and Foreign Opening of the University of Foreign Economics and Trade and the deputy dean of the School of International Economics and Trade, said that the "open" policy of Hungary is highly consistent with the "Belt and Road" initiative. With the in -depth development of the comprehensive strategic partnership between the two countries, the role of Hungary's important hub in the “Belt and Road” initiative will continue to strengthen.
Earlier, the Hungarian ambassador to China Bai Sizi told the Global Times reporter that the core of the global economy has shifted from the West to the East, and it can establish a good and effective cooperation with China to meet Europe's maximum interests. At present, one of the most important projects in Hungary is the Budapest-Belgrade Railway Development Plan. This railway will connect to Hungary, Serbia and other countries, and has become the core project of joint construction of the “Belt and Road” traffic interconnection. Once the railway is connected, Hungary will become a "transit station" that countless Chinese goods are shipped to Europe.
Thanks to the fruitful results achieved in the cooperation between China and Hungary in recent years, the "model" has become a high -frequency vocabulary describing the close bilateral relations between the two countries. Bai Sizi said: "If there is a" model "relationship between two countries, then Hungarian -China relations will definitely win this title." Lan Qingxin also told reporters: "The cooperation between China and Hungarian is China and the Chinese and Hungarian. The model of cooperation between Central and Eastern European countries can promote and lead the exchanges between China and other Central and Eastern European countries. "
He believes that the collection of China -Hungarian work as a template can not only strengthen the connection and cooperation between China and the countries of the Central and Eastern European regions at the bilateral level, but also help promote and enhance the degree of interconnection between the Central and Eastern European countries. National infrastructure construction and economic and trade exchanges, strengthen the improvement of the cooperation mechanism of China -Central and Eastern European countries, and significantly improve their influence, helping the “Belt and Road” initiative to continue to advance in the Central and Eastern European regions.
At present, the international economic environment is complicated and severe, but the steps of deep cooperation between China and the countries along the “Belt and Road” have not stopped, which further highlights the huge toughness and vitality of the “Belt and Road”, injecting strong momentum for global economic recovery and continuous growth.
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