Budapest, 11 July 2019 - Today, Wang Yi, China’s State Councillor and Minister of Foreign Affairs, György Matolcsy, the Governor of the Magyar Nemzeti Bank and László Palkovics, Minister for Innovation and Technology, opened a photo exhibition, organised to commemorate the 70th anniversary of the establishment of diplomatic relations between Hungary and China, at a ceremony in the House of Wisdom.

During his two-day visit in Hungary, Wang Yi, China’s State Councillor, attended the ceremony, where he was joined by György Matolcsy and László Palkovics in opening the exhibition of nearly 100 photos presenting the last 70 years of diplomatic relations between Hungary and China. Following a discussion, György Matolcsy, László Palkovics and Mr. Wang Yi cut the tape, representing the official opening of the exhibition, at an event organised jointly by The Magyar Nemzeti Bank, the Embassy of the People's Republic of China in Hungary and the Pallas Athena Domus Sapientiae Foundation.

In his opening speech, György Matolcsy acknowledged the results of the Chinese-Hungarian relations achieved in the last 70 years and expressed his hope that the ever-closer financial, economic and cultural cooperation between the two countries would be maintained in the next 70 years, as well.

László Palkovics praised the diverse Chinese-Hungarian economic relations, highlighting the fact that Hungary considers China a crucial strategic partner and a partnership offers great potential in trade and digitalisation.

Wang Yi, China’s State Councillor, first warmly thanked the Governor and the members of government for the joint efforts and successes in the last 70 years and emphasised that even if the two countries are located far apart on the map, the two nations remain in strong friendship. He also pointed out that in addition to the Budapest-Belgrade railway line the One Belt, One Road initiative would open up numerous prospects to intensify the cooperation between the two countries.