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On July 7, 2020, the Hungarian-Chinese Chamber of Commerce (ChinaCham Hungary) held the first Business Club event after the epidemic period with great success. At the event supported by DLA Piper, Dr. Ernő Duda immunologist, Dr. Ákos Péter Bod economist, and Dr. Péter Györfi-Tóth lawyer presented the global spread, effects and consequences of the coronavirus in health, economic and legal terms.

China's top economic planner has allocated 200 million yuan (about 28.3 million U.S. dollars) from the central budget to support the construction of transportation hubs in five cities to improve China-Europe rail freight services.

China's Canton Fair, the world's biggest trade show, has demonstrated the country's resilient export capability in spite of economic downturn brought by the novel coronavirus outbreak, and China's manufacturing sector, has been playing an unparalleled status in the global market, said a report by The Economist on June 23.

Although the Canton Fair was entirely conducted online this year, the overall effect was still powerful as about 25,000 exhibitors hosted livestreams from factories simultaneously, to chat with global buyers about their products.

In order to help domestic exporters effectively overcome the international market development difficulties caused by covid-19, and to help Chinese enterprises establish reliable business relations and cooperation with foreign buyers, the online matchmaking meeting of the 2020 Wuxing, Huzhou(Zhejiang) Export Online Fair (Central and Eastern Europe) was successfully held on May 28-29, 2020.

The 127th session of the China Import and Export Fair, also known as the Canton Fair, will be held online from June 15 to 24. Powered by advanced information technology, the Canton Fair will provide around-the-clock online services for product promotion, matchmaking and business negotiations, enabling both Chinese and international businesses to place orders remotely. We sincerely hope that Hungarian companies' participation could promote the trade relations between our two countries.

 

BEIJING, May 21 (Xinhua) -- China's top political advisory body started its annual session Thursday afternoon in Beijing, raising the curtain of a key season in the country's political calendar which also includes an annual gathering of the national legislature to open Friday.

On the evening of 15 May, President Xi Jinping spoke with Hungarian Prime Minister Viktor Orbán on the phone.

China has decided to donate another $30 million in cash to the World Health Organization in addition to (WHO) the $20 million cash donation already made to support the global fight against COVID-19 and strengthen developing countries' health systems, Foreign Ministry spokesman Geng Shuang announced on Thursday.

Alibaba's cloud computing branch announced on Monday it would invest 200 billion yuan (about $28 billion) in the research and development of core technologies such as cloud operating system, servers, chips and networks within three years.

The 80,000 medical masks donated to Hungary by the Bank of China arrived in Budapest on 4 April.

Besides, Fudan University was one of the first educational institutions who supported Hungary with medical supplies. 56.000 masks and 300 protective suits has been arrived this morning to Budapest to help Hungarians in need.

félárboc

A Chinese national flag flies at half-mast to mourn for martyrs who died in the fight against the novel coronavirus disease (COVID-19) outbreak and compatriots died of the disease at Tian'anmen Square in Beijing, capital of China, April 4, 2020.

Source: Xinhua

China's first candidate vaccine for the novel coronavirus may be put into additional trials in other countries seriously hit by the pandemic if the ongoing initial trial proves it is safe and effective, the top researcher for the vaccine said.

vaccine

The Hungarian government has declared a state of danger “to prevent the human pandemic causing a mass infection and endangering the safety of life and property, to avert its consequences and to protect the health and the lives of Hungarian citizens”, which impacts aviation.

The operation of certain functions at Budapest Ferenc Liszt International Airport(BUD) is indispensable from the perspective of the national economy and supply chains, as well as the related jobs and economic performance.

The aim of these procedural rules is to provide for and regulate the operation of these activities.

Hungary declared a state of emergency in the entire country due to the coronavirus, Chief of Staff Gergely Gulyás announced at the daily press conference of the Hungarian government's coronavirus task force.

The state of emergency (technically, "state of danger") is a so-called special legal order defined in the Fundamental Law of Hungary which allows the government to introduce a number of extraordinary measures by decree and suspend the application of certain laws in order to mitigate a natural or industrial disaster. It remains in effect for fifteen days unless Parliament authorises the government to extend it. 

The special legal order allows the government to halt air traffic or public transportation, order quarantines in certain areas (or even evacuations), restrict usage of public spaces, or even prescribe civil defence obligations or draw companies under temporary state control. (Once again, these are measures permitted by the state of danger, not measures that were announced). Once the state of danger ends, the specially authorised government decrees lose their effect as well.

Extraordinary measures announced by the Chief of Staff:

  • No entry into Hungary from Italy, China, South Korea, and Iran, except for Hungarian citizens who will automatically be quarantined.
  • Restrictions will apply at the Slovenian and Austrian border as well,
  • False statements concerning the virus will be sanctioned, just like the violation of quarantine orders,
  • Universities will only have online classes,
  • Events in enclosed spaces with more than 100 in attendance banned, outdoors events with more than 500 people banned as well,
  • No school trips abroad are allowed.

Earlier on Wednesday morning, Chief of Staff Gergely Gulyás told public media that the coronavirus response has to be taken to the next level in order to avoid community spread of the virus, which is why the coronavirus task force recommended the government to declare a state of emergency.

Gulyás said that the state of emergency makes it possible, if necessary, to order house quarantines and to close the borders - in agreement with Austria - before people arriving from Italy. Hungarians could of course return to the country in such a situation, but they would automatically be quarantined, Gulyás explained.

This special legal order had been employed before, he added, but only in areas affected by severe floods, never in the entire country.

Chinese technology giant Alibaba recently developed an AI system for diagnosing the COVID-19 (coronavirus). Alibaba claims its new system can detect coronavirus in CT scans of patients’ chests with 96% accuracy against viral pneumonia cases. And it only takes 20 seconds for the AI to make a determination – according to the report, humans generally take about 15 minutes to diagnose the illness as there can be upwards of 300 images to evaluate.

The system was trained on images and data from 5,000 confirmed coronavirus cases and has already been tested in hospitals throughout China. According to the Review’s report, at least 100 healthcare facilities are currently employing Alibaba’s AI.

But it’s not the only one in town capable of detecting the coronavirus. Rival healthcare organization Ping An recently announced a very similar-sounding system.

Forrás: Nikkei Asian Review

Tesla could make big cost reductions at its Chinese gigafactor, according to Reuters, who have reported that Tesla and Chinese battery manufacturer CATL are in an advanced stage of negotiations. Once the collaboration is established, Tesla will have the opportunity to use cobalt-free batteries in vehicles manufactured in China. Cobalt is one of the most expensive components of batteries.

Almost every Hungarian people have heard about the new type of coronavirus, but:

On February 13, Mr. Ernő Pető, president of ChinaCham has been interviewed about the coronavirus by M1, the Hungarian national tv channel.

ChinaCham Hungarian-Chinese Chamber of Economy held its Annual General Meeting on February 7, 2020, as previously announced.

In the interests of protecting the health of the Hungarian population, at its session on 31 January 2020 the government-established Operational Group for Protection against the Coronavirus Epidemic set up an Action Plan.

Revenues and profits at China’s state-owned enterprises hit historic highs last year, even as the country’s private firms fought for their survival amid the slowest period for economic growth in a decade.