The Ningbo-CEEC (Budapest) Innovation Center began operating in Budapest, Hungary on Nov 1, serving as an important platform for industrial cooperation between Ningbo in East China's Zhejiang province and Central and Eastern European countries.
The China-CEEC International Industry Cooperation Park in Yuyao, a county-level city in Ningbo, has been working to establish offshore innovation centers. The innovation center in Budapest is an important part of these efforts.
According to an official from the China-CEEC International Cooperation Park, the center will serve as a bridge connecting Ningbo with CEE countries during the epidemic and provide a solid foundation for introducing more scientific industries from CEE countries to the park.
It will bolster cooperation between Ningbo and CEE countries in areas such as science, technology, talent, industry and trade.
The center is located in the center of Budapest, close to the River Danube.
The China-CEEC International Cooperation Park, established last year, has partnered with colleges and institutes from CEE countries such as University of Belgrade, Budapest University of Technology and Economics and the Hungarian Investment Promotion Agency on projects focusing on science and technology.