Events & Activities

Retail participations in the financial market has increased tremendously in the last five years, whereas the increases were attributed to changes of macroeconomic conditions and emergence of new technologies. Retail investors tend to follow the market trend, and retail net buying is negatively related to the performance of market index. Exchanges are supposed to actively undertake strategies, especially those related to education, financial literacy, and offer new products to facilitate retail investment.

Hungary remains optimistic about the future development of the Chinese financial markets and recognize that science, technology and innovation along with education are key factors in driving economic growth and social progress. Hungary is also interested in the expansion of collaboration in science and technology, culture and tourism, to enhance inter-connectivity, facilitate mobility and people-to-people dialogue. Meanwhile, Hungary is keen on further strengthening the cooperation through the Belt and Road Initiative, especially in industrial recovery and sustainable development.

Achieving carbon emission peak and carbon neutrality is a strategic decision. Carbon neutrality is to promote industrial upgrading and development through scientific innovation and technological progress. Carbon neutrality is first and foremost about promoting energy transformation, and energy transformation is bound to drive industrial revolution. In the future, international cooperation in terms of energy transition, carbon neutrality and sustainable investment will focus on the cooperation on governance rules for carbon emissions reduction, technology and investment.

The central banks are supposed to properly respond to the challenges brought by digital operations and promote the development of fintech. The digital currency issued by central banks has gradually become a trend, and will be widely used in the digital age. Banks and fintech can promote financial innovation, but they also need to be supervised. We should pay attention to data privacy protection and system stability to ensure citizens’ access to safe financial services.