"This is a great opportunity and a great honour for us," as many companies can present themselves with products, services and innovative solutions, he said.

Mr Magyar noted that Xiamen is located in Fujian province, the source of most Chinese FDI, therefore they have held talks with the governor and the city administration on how to further expand relations.

The state secretary noted that next year Xiamen will become the eight city in China that will have a direct flight to it from Budapest. They also discussed cultural ties, he added.

The CIFIT events is being organised for the 24th time. Hungary is being represented at the event by the Hungarian Export Promotion Agency (HEPA), the Hungarian Tourism Agency, national investment promotion agency HIPA, Agrarmarketing Centrum (AMC), the Hungarian Wine Marketing Agency, the National Industrial Park Management and Development Company (NIPUF) and the Hungarian Innovation Agency.

Hungary guest of honour at Pujiang Innovation Forum

The Pujiang Innovation Forum in Shanghai opened on Saturday with Hungary participating as a guest of honour at the four-day event.

"Our goal is to strengthen our research, scientific and innovation relations with our Chinese partners, because if we look around the world, we can see that China is ahead not only of Europe, but also of the United States in innovation and science," deputy state secretary for innovation Laszlo Bodis said at the event.

In the fields of science, research and innovation Hungary also wants to be at the forefront of the world, so it is essential to establish close cooperation with Chinese companies and universities, Mr Bodis said.

Hungary is represented at the event with around forty experts, company and university leaders, who will showcase at the forum in which areas Hungarian innovation provides world-class performance.

The Pujiang Innovation Forum is being held for the 17th time since its inaugural event in 2008.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

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