Trade hub will open up Europe for companies

BUDAPEST - A trade hub established by a Chinese enterprise in Hungary has been acting as a "matchmaker" between domestic and European businesses.

Now, it is poised to further facilitate bilateral trade cooperation as the Belt and Road Initiative continues to unfold, said Wu Jiang, the company's CEO.

The hub, formally known as the Central European Trade and Logistics Cooperation Zone, comprises an exhibition center in Budapest, and two logistic parks respectively in Csepel Port in Hungary and Bremen Port in Germany, according to Wu.