Hungarian Prime Minister Viktor Orban received Tian Guoli, president of the China Construction Bank (CCB), and the bank's delegation in his office, Mr Orban's press chief told Hungary's state news agency (MTI).

CCB, the world’s second largest bank by market capitalisation, opened its Hungarian branch on Wednesday.

The parties welcomed the opening of the bank’s Budapest office at Thursday’s working lunch, attended by PM Orban and several of his ministers, including Foreign Minister Peter Szijjarto, Finance Minister Mihaly Varga, Economic Development Minister Marton Nagy and Minister of Innovation and Culture Janos Csak.

Mr Orban’s press chief said.

PM Viktor Orban and Tian Guoli, president of the China Construction Bank (CCB), hold talks at the prime minister’s office in the Carmelite Monastery (Photo: MTI / Prime Minister’s Press Office / Zoltan Fischer)

The friendship between China and Hungary dates back a long time, the parties emphasized, adding that they both expect that the new branch could contribute to the further expansion of China-Hungary economic, financial, and trade relations.