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Zsolt Szigetvary/MTI/AP
Chinese Foreign Minister Wang Yi, left, and Hungarian President Janos Ader shake hands on the terrace of the presidential Alexander Palace in Budapest, Hungary, Saturday, June 6, 2015.
Hungarian Foreign Minister Peter Szijjarto, who signed the deal with Chinese counterpart Wang Yi, says cooperation between the two countries "has never been as good or as effective as now" and that Hungary seeks to become the regional hub for China's activities in Europe.
![China Silk Road map graphic](https://static-ssl.businessinsider.com/image/54c7e1986da811d16aa703d8-1183-1547/china silk road map graphic.png)
Reuters
Wang called Hungary an "important partner" of China's in efforts to speed up relations with the West.