Wu Bangguo encouraged Chinese business community and Hungarian closer relationships

The chairman of the Standing Committee of the Chinese National People’s Congress (NPC) Wu Bangguo, visited Hungary, on Thursday urged the Chinese business community and the Hungarian people to establish closer relations.

“China and Hungary are highly complementary economically and both countries enjoy a very good basis for economic cooperation,” said Wu Bangguo during a business seminar bringing together entrepreneurs Chinese and Hungarian.

He urged companies of both countries to enhance mutual understanding and seek common approaches on cooperation.

The Chinese government will create favorable conditions for businessmen of both countries Elaga their cooperation, he said.

He encouraged the competitive Chinese companies to invest in Hungary, saying he also wants to see more business investment in China Hongroie.

At the invitation of his Hungarian counterpart Szili Katalin, Wu Bangguo arrived here Thursday afternoon in Budapest for an official visit, the first by a president of the Chinese parliament in this country is European.

Having visited Egypt before Hungary, Mr. Wu will travel to Poland.