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Hungary Listeni/ˈhʌŋĻĀəri/ (Hungarian: Magyarország [ˈmɒɟɒrorsaːĻĀ] ( listen)) is a landlocked country in Central Europe.  It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The country's capital and largest city is Budapest. Hungary is a member of the European Union, NATO, the OECD, the Visegrád Group, and the Schengen Agreement. The official language is Hungarian, also known as Magyar, which is part of the Finno-Ugric group and is the most widely spoken non-Indo-European language in Europe
Because of migrations and significant territorial changes, the demographics of Hungary have significantly fluctuated over time. In modern times, Hungary has become an ethnically homogeneous state. According to the 2011 Hungarian Census, 8.5 million from 9.9 million people declared their ethnicity, of whom Hungarians made up 98%
The economy of Hungary is a medium-sized, high-income, structurally, politically and institutionally open economy, which is part of the European Union's (EU) single market. The economy of Hungary experienced market liberalization in the early 1990s as part of the transition from a socialist economy to a market economy, similarly to most countries in the former Eastern Bloc. Hungary is a member of the Organization for Economic Co-operation and Development (OECD) since 1995, a member of the World Trade Organization (WTO) since 1996, and a member of the European Union since 2004. Hungary hosts the first foreign office of the China Investment Promotion Agency (CIPA).
The private sector accounts for more than 80% of the Hungarian gross domestic product (GDP). Foreign ownership of and investment in Hungarian firms are widespread, with cumulative foreign direct investment worth more than $70 billion. Hungary's main industries are mining, metallurgy, construction materials, processed foods, textiles, chemicals (especially pharmaceuticals), and motor vehicles. Hungary's main agricultural products are wheat, corn, sunflower seed, potatoes, sugar beets; pigs, cattle, poultry, and dairy products.
The currency of Hungary is called "forint" (sign: Ft; code: HUF) which was introduced in 1946. Hungary, as a member state of the European Union may seek to adopt the common European currency, the Euro. To achieve this, Hungary would need to fulfill the Maastricht criteria.In foreign investments, Hungary has seen a shift from lower-value textile and food industry to investment in luxury vehicle production, renewable energy systems, high-end tourism, and information technology.


Hungary Embassy in Beijing
Ambassador : H.E.Mr.Sandor Zoltan Kusai, Extraordinary and Plenipotentiary
Address :No. 10, Dong Zhi Men Wai Da Jie, Sanlitun, Beijing , China , 10060
Tel : (86-10)65323845 / 65321433 /65321273
Fax : (86-10) 65325053
Office hours : Mon to Thu 9:00am - 12:00 , 2:00pm - 4:30pm ; Fri 9:00am - 12:00
E-mail :



International Boundless Fellow Alliance of Economic Development and Aid

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