Chinese-Hungarian Business Council established

Hungarian business association VOSZ and the Chinese Foreign Trade Development Council on Tuesday agreed to establish the Chinese-Hungarian Business Council to foster bilateral business ties, VOSZ announced.

VOSZ managing director Sándor Demján and Chinese Foreign Trade Development Council head Wan Jifei signed a declaration of understanding on establishing the bilateral business council in the presence of Chinese Prime Minister Wen Jiabao on 25th June, during an official visit by the premier and his delegation to Hungary.