On June 24, Xiong Jijun, Vice Minister of China's Ministry of Industry and Information Technology, engaged in a substantial meeting with Marton Nagy, Hungary's Minister of National Economy, in Beijing. The two sides delved into various topics, including reinforcing collaboration in the automotive sector, advancing autonomous driving technology, and enhancing charging infrastructure development. As a testament to their shared aspirations, both ministers jointly signed a letter of intent to establish a China-Hungary Automotive Industry Cooperation Working Group.

Vice Minister Xiong Jijun underscored his commitment to partnering with Hungary to mutually foster the growth and prosperity of the automotive industry in both nations. In turn, Minister Nagy extended a warm welcome to more Chinese enterprises to invest in Hungary, underscoring the potential for mutually beneficial cooperation.