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FINANCE MINISTER MEETS SINO-CEE FUND HEAD

 

Finance Minister Mihály Varga met Jiang Jianqing, president of the China – Central and Eastern Europe (SINO-CEE) Fund for talks on Thursday. A statement from the finance ministry quoted Varga as saying that the CEE region could continue to be “the engine of Europe’s economic growth” and China considers Hungary as an attractive investment destination. The Hungarian economy, with its growth rate above the European Union average, tax cuts and competitive business environment offers better and better opportunities for investors, the minister said. Varga and Jiang also reviewed opportunities for Hungarian companies in China, mostly in infrastructure, industrial and farming projects, the statement said. Chinese companies have so far invested over 4 million dollars in Hungary, and currently employ more than 15,000 people in the country, the statement said.