A Hungarian trade center was opened in Shanghai

Hungary has realized in time that the Chinese market is a great opportunity for high quality Hungarian products and services – Szijjártó Péter, Minister of Foreign Affairs told on Sunday in Shanghai after a Hungarian trade center was opened in Shanghai.

The Minister, who is a member of the Hungarian Prime Minister’s delegation to Shanghai, explained: Hungary recognized the importance of the new global economic processes and the fact that capital now not only flows from the West to the East in search of cheap labor but the big Far-East companies that are also flagships of the modern industrial revolution are gaining market share in Europe and in North America. (MTI)