US-Chinese cooperation to encourage Chinese investment

The newly formed Hungarian-Chinese New Immigrants Investment Encouraging Association (MBKSZ) and the Hungarian National Hungaricums and Values Association (MNHSZ) signed a cooperation agreement to encourage Chinese investment in Hungary – the representatives of the organizations announced at a press conference on Thursday in Budapest.

The agreement was signed by Pesti Imre, Central Hungarian Regional Director of Fidesz and by Hu Bifeng, president of the Hungarian National Hungaricums and Values Association (MNHSZ) and chairman of the Hungarian-Chinese New Immigrants Investment Encouraging Association (MBKSZ).

Hu Bifeng in his speech emphasized that the alliance aims to provide more chance to the Chinese immigrants arrive to Hungary, and to strenghten the ties between the two countries. (MTI)