10. REDUCED INEQUALITIES

Upgraded China-Hungary ties boost bilateral cooperation and beyond

Upgraded China-Hungary ties boost bilateral cooperation and beyond
Written by ZJbTFBGJ2T

Upgraded China-Hungary ties boost bilateral cooperation and beyond  Official website of the State Council Information Office of China

Upgraded China-Hungary ties boost bilateral cooperation and beyond

Upgraded China-Hungary ties boost bilateral cooperation and beyond

CLOSER RELATIONS

  1. China and Hungary have elevated their relations to an all-weather comprehensive strategic partnership for the new era.
  2. The decision was made during talks between Chinese President Xi Jinping and Hungarian Prime Minister Viktor Orban.
  3. The upgrade will spur the deepening of China-Hungary relations and further energize China’s expanding cooperation with Central and Eastern European countries (CEEC).

China-Hungary relations are currently the best in history as the comprehensive strategic partnership has seen robust and high-speed development. With deepening political mutual trust and fruitful cooperation in various fields, the two countries have set a model for building a new type of international relations, Xi said during the talks with Orban.

This year marks the 75th anniversary of the establishment of diplomatic ties between China and Hungary, ushering in a new and important opportunity for the development of bilateral relations, Xi said.

STRONGER COOPERATION

  1. The upgrade of the partnership came one day after China and Serbia decided to build a community with a shared future, also an elevation of their relations from a comprehensive strategic partnership established eight years ago.
  2. Elevating relations with Serbia and Hungary, two important countries in Central and Eastern Europe, has highlighted China’s dedication to fortifying win-win cooperation with the region.
  3. During his talks with Orban, Xi expressed the hope that Hungary will continue to play an important role in promoting China-CEEC cooperation to better benefit people of various countries.

Most countries in Central and Eastern Europe are emerging markets, holding substantial potential, notably in connectivity and energy investment. By synergizing their strengths, China’s deeper cooperation with relevant countries not only enhances their economic and social development but also fosters the European integration process.

This strategic alignment has been strengthened by robust investment flows. From January to March 2024, China’s investment in Central and Eastern Europe surged by 36.35 percent from one year earlier, reaching about 450 million U.S. dollars. As of March 2024, the cumulative total of Chinese investment in the region soared to 5.2 billion dollars.

These investments, coupled with collaborative projects under the Belt and Road Initiative (BRI), continue to benefit the people along the routes in the region.

SUSTAINABLE DEVELOPMENT GOALS (SDGs)

  • The upgrade of China-Hungary relations aligns with several Sustainable Development Goals (SDGs), including SDG 17: Partnerships for the Goals.
  • By strengthening cooperation and promoting win-win partnerships, China and Hungary contribute to the achievement of SDG 17, which aims to enhance global partnerships for sustainable development.
  • The deepening of China-Hungary relations also supports SDG 9: Industry, Innovation, and Infrastructure, as it fosters economic growth and promotes investment in infrastructure.

Chen Fengying, a researcher at the China Institutes of Contemporary International Relations, said that China’s growing cooperation with Serbia and Hungary has incentivized local economic growth and improved people’s livelihoods. These achievements serve as a compelling example, showcasing the tangible benefits from closer partnerships with China and joint development.

Such successes also exert a noteworthy inspirational and motivational influence on other countries in the region, she added.

SDGs, Targets, and Indicators Identified in the Article

SDGs Targets Indicators
SDG 17: Partnerships for the Goals Target 17.6: Enhance North-South, South-South, and triangular regional and international cooperation on and access to science, technology, and innovation and enhance knowledge sharing No specific indicators mentioned in the article
SDG 9: Industry, Innovation, and Infrastructure Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all No specific indicators mentioned in the article
SDG 8: Decent Work and Economic Growth Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 percent gross domestic product growth per annum in the least developed countries No specific indicators mentioned in the article
SDG 11: Sustainable Cities and Communities Target 11.2: By 2030, provide access to safe, affordable, accessible, and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities, and older persons No specific indicators mentioned in the article
SDG 13: Climate Action Target 13.2: Integrate climate change measures into national policies, strategies, and planning No specific indicators mentioned in the article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

  • SDG 17: Partnerships for the Goals
  • SDG 9: Industry, Innovation, and Infrastructure
  • SDG 8: Decent Work and Economic Growth
  • SDG 11: Sustainable Cities and Communities
  • SDG 13: Climate Action

2. What specific targets under those SDGs can be identified based on the article’s content?

  • Target 17.6: Enhance North-South, South-South, and triangular regional and international cooperation on and access to science, technology, and innovation and enhance knowledge sharing
  • Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all
  • Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 percent gross domestic product growth per annum in the least developed countries
  • Target 11.2: By 2030, provide access to safe, affordable, accessible, and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities, and older persons
  • Target 13.2: Integrate climate change measures into national policies, strategies, and planning

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

No specific indicators are mentioned or implied in the article that can be used to measure progress towards the identified targets.

4. Table: SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 17: Partnerships for the Goals Target 17.6: Enhance North-South, South-South, and triangular regional and international cooperation on and access to science, technology, and innovation and enhance knowledge sharing No specific indicators mentioned in the article
SDG 9: Industry, Innovation, and Infrastructure Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all No specific indicators mentioned in the article
SDG 8: Decent Work and Economic Growth Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 percent gross domestic product growth per annum in the least developed countries No specific indicators mentioned in the article
SDG 11: Sustainable Cities and Communities Target 11.2: By 2030, provide access to safe, affordable, accessible, and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities, and older persons No specific indicators mentioned in the article
SDG 13: Climate Action Target 13.2: Integrate climate change measures into national policies, strategies, and planning No specific indicators mentioned in the article

Copyright: Dive into this article, curated with care by SDG Investors Inc. Our advanced AI technology searches through vast amounts of data to spotlight how we are all moving forward with the Sustainable Development Goals. While we own the rights to this content, we invite you to share it to help spread knowledge and spark action on the SDGs.

Fuente: english.scio.gov.cn

 

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