Prime Minister Orbán Meets with ICBC Chief in Beijing
Hungary’s Prime Minister, Viktor Orbán, recently held talks with Chen Siqing, the head of the board of directors of the Industrial and Commercial Bank of China (ICBC) in Beijing. The ICBC is known as the largest bank in the world. During the meeting, Orbán visited ICBC’s headquarters and discussed the potential for high-level cooperation within the Belt and Road initiative.
According to a press release from the prime minister’s press office, Orbán emphasized the significant role played by ICBC in the development of Hungary’s economy and trade, particularly in the context of Hungary-China trade relations. He also informed Chen about Hungary’s economic growth and outlined his government’s plans to support competitive industries and attract investments from Chinese companies. Orbán expressed his desire for more Chinese investments in Hungary and expressed confidence in ICBC’s cooperation.
Chen, speaking on behalf of ICBC, emphasized the strong partnership between China and Hungary within the Belt and Road initiative. He expressed his optimism about the potential for further cooperation in various areas and stated that ICBC would work towards strengthening the ties between the Chinese initiative and Hungary’s national strategy. Furthermore, he mentioned ICBC’s commitment to providing better financial services in Hungary and the Central European region, as well as contributing to economic, trade, and pragmatic financial cooperation between China and Hungary.
ICBC boasts an extensive global presence, with 415 branches located in 49 countries, including 20 countries in Africa.
The meeting between Prime Minister Orbán and ICBC’s head of the board of directors reflects the commitment of both Hungary and China to strengthening economic ties and exploring further opportunities for collaboration. It is anticipated that closer cooperation within the Belt and Road initiative will benefit both countries and contribute to their economic growth.
