FM Szijjártó: Chinese investments will flood Hungary in 2025 - DailyNewsHungary

According to Stella Li, executive vice president of BYD, it is worth treating the news about the Szeged factory with reservations. In response to a question from our newspaper, one of the most influential business women in China said that there is no investigation regarding their plant in Hungary under construction, and the Chinese feel close to the Hungarians, so they are happy to bring their money here.

BYD has big plans for the factory being built in Szeged, said Stella Li, executive vice president of the electric car manufacturer, during a background discussion, where she spoke about several topics that directly affect Hungary. According to Vezess.hu, Li said that not only is a production base planned for the new factory being built in Szeged, the location will also play a role in autonomous driving, as a research and development center will …

Hungary and China both benefit greatly from the cooperation, which is why it is being further developed in the spirit of the all-encompassing strategic partnership agreement concluded last year.

FM Szijjártó: Chinese investments will flood Hungary in 2025 - DailyNewsHungary

A number of big Chinese companies will launch manufacturing capacity in Hungary in 2025 or early 2026, making a big contribution to ensuring 2025 is a “breakthrough” year for the local economy, Minister of Foreign Affairs and Trade Péter Szijjártó said in Budapest on Thursday, ahead of a meting of the Hungarian-Chinese Joint Economic Committee. In a statement issued by his ministry, Szijjártó said that both countries had profited from their coop…

According to the Minister of Foreign Affairs and Trade, several market-leading Chinese giants will begin production in Hungary this year or early next year, which could mean a breakthrough for the Hungarian economy in 2025.

The feasibility study has already been completed.