Xi Jinping Receives Rare 1949 Tokaji Wine from Hungary on 75th Anniversary of Ties

Hungarian Prime Minister Viktor Orbán gifted Chinese President Xi Jinping a rare 1949 Tokaji Aszú wine valued at 169,000 forints to mark 75 years of diplomatic relations. The two countries aim to strengthen ties through economic, trade, and cultural cooperation projects.

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Aqsa Younas Rana
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Xi Jinping Receives Rare 1949 Tokaji Wine from Hungary on 75th Anniversary of Ties

Xi Jinping Receives Rare 1949 Tokaji Wine from Hungary on 75th Anniversary of Ties

Chinese President Xi Jinping received a special gift from Hungarian Prime Minister Viktor Orbán on the 75th anniversary of diplomatic relations between the two countries - a rare 1949 Tokaji Aszú wine valued at 169,000 forints (approximately 133,000 HUF).

The presentation of this valuable wine from Hungary's famous Tokaji region marks a significant milestone in the long-standing diplomatic ties between Hungary and China. Hungary was one of the first countries to recognize and establish diplomatic relations with the People's Republic of China in 1949.

Why this matters: The strengthening of China-Hungary ties has implications for the balance of power in Central and Eastern Europe, and may influence the region's economic and political relationships with the European Union. As China continues to expand its global influence, the development of strong bilateral relationships with countries like Hungary may shape the future of international relations and global governance.

Over the past 75 years, the bilateral relationship has been developing steadily with tangible results. In 2017, the ties were elevated to a comprehensive strategic partnership. President Xi's current visit to Hungary is expected to further deepen the traditional friendship between the two nations.

Speaking about the strong bond, President Xi remarked, "Our bilateral relationship is at its best in history, and has embarked on a golden voyage." He added, "China and Hungary are good friends and good partners with deep mutual trust... Together, the two countries have set a fine example of building a new type of international relations featuring mutual respect, fairness, justice and win-win cooperation."

Hungary has emerged as a top investment destination for Chinese investment in the European Union and an important trading partner in Central and Eastern Europe. The two countries see great potential to strengthen their cooperation in areas such as clean energy, artificial intelligence, digital economy, and green development.

China highly appreciates Hungary's strategic autonomy on the world stage and within the EU. Sound China-Hungary ties are seen as conducive to keeping the relationship between China and Central and Eastern Europe, as well as the overall China-Europe ties, advancing in the right direction.

The 1949 Tokaji Aszú wine gifted by Prime Minister Orbán to President Xi stands as a symbol of the deep friendship and long-standing diplomatic ties between Hungary and China. As the two countries mark the 75th anniversary of their relationship, a series of economic, trade, and cultural cooperation projects are set to be unveiled, ushering in a new era of even stronger bilateral ties.

Key Takeaways

  • Hungarian PM Viktor Orbán gifts Chinese President Xi Jinping a rare 1949 Tokaji Aszú wine worth 169,000 forints.
  • The gift marks 75 years of diplomatic relations between Hungary and China, a significant milestone in their bilateral ties.
  • Strengthening China-Hungary ties may influence Central and Eastern Europe's economic and political relationships with the EU.
  • Hungary is a top investment destination for Chinese investment in the EU and an important trading partner in Central and Eastern Europe.
  • The two countries aim to strengthen cooperation in areas like clean energy, AI, digital economy, and green development.