Hungarian FM: China-Germany Auto Collaboration Propels Hungary to Lead in Automotive Tech

On the 27th, Hungarian Foreign Minister Péter Szijjártó stated that Hungary views cooperation between Eastern and Western enterprises as a significant opportunity, particularly benefiting from the synergy between Chinese and German companies in the local automotive industry. He noted that Hungary is the only country in the world—aside from China and Germany—to host manufacturing plants of all three major German automakers, positioning itself as one of the global leaders in the automotive technology revolution. Furthermore, China has been Hungary’s largest source of foreign investment for the third consecutive year (as of 2025), highlighting the depth and effectiveness of bilateral economic and trade cooperation.