China's industrial development driving economic growth in Europe, scholars say

By PENG CHAO in Chengdu | chinadaily.com.cn | Updated: 2025-10-26 13:48
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A Hungarian think tank delegation visits Sichuan University in Chengdu, Sichuan province, on Oct 24, 2025. [Photo by Peng Chao/chinadaily.com.cn]

"What's unfair is that while BMW, Audi, and Mercedes-Benz are all over Chinese streets, it's suddenly not okay when Chinese electric cars enter the European market," he added.

Hornyak David, director of finance and operations at the Foundation for a Civic Hungary, believes that China will play a key role in the 21st century as well as in Hungary's development, since few other countries could rival China's investment in the country.

He pointed out that the investment by Chinese high-tech companies represents a great opportunity for Hungary.

"It not only creates new jobs, but also generates long-term value and sustained investment to the country," Hornyak said.

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