In the wave of global economic integration, accelerated “going overseas” by Chinese enterprises is becoming a key driving force for 

high-quality development. As a strategic global subsidiary of Tupu Group, Puyue Overseas, relying on the localized team and cross-regional 

synergy, has continued to deepen the business layout in Hungary and achieved remarkable results.

Recently, Du Xiaogang, Secretary of Wuxi Municipal Committee, and Zhu Gang, Secretary of Liangxi District Committee, led a delegation 

from Wuxi to Hungary to carry out a business investigation, focusing on the potential for cooperation in the fields of intelligent manufacturing 

and power equipment, and injecting new vitality into China-EU economic cooperation.

Visiting the European Manufacturing Benchmark: Váv Union Kft

On April 9, Hungary time, accompanied by Huang Zhe, CEO of “Puyue Goes to Sea” and Gu Quan, senior partner of “China New 

Energy (Europe) Industry Service Center”, the delegation from Wuxi visited Váv Union Kft, a veteran Hungarian manufacturer of medium-voltage 

electrical appliances, on the spot. --Váv Union Kft. This 30-year-old company, which has successfully transformed from a state-owned enterprise

to a privatized benchmark, has not only accumulated profound technology in the local market, but also laid out factories and sales networks in 

Ukraine and other places in Europe, showing a strong regional radiation capability.

The delegation focused on the company's technology research and development capability, production management experience and European 

market operation mode. As a major manufacturing town in China, Wuxi is accelerating its industrial upgrading and internationalization strategy. 

Secretary Du said, “Váv Union Kft's transformation experience is worthy of reference, especially in intelligent production and globalization layout, 

which provides an important reference for Wuxi enterprises to expand into the European market.”

New Pivot Point for China-EU Cooperation: Two-Way Empowerment of Technology and Markets

The visit is not only a window for Wuxi to dock the high-end manufacturing industry in Europe, but also highlights the deepening trend of 

cooperation between China and Europe. Wuxi plans to rely on its own industrial advantages in intelligent manufacturing, new energy and other 

fields to form technological synergies and complementary production capacity with Hungary and Central and Eastern European countries. 

For example, through the introduction of European advanced technology to enhance the technical standards of local enterprises, while 

promoting the power equipment and intelligent equipment made in Wuxi into the European supply chain system.

Conclusion:

Wuxi's trip to Hungary is not only a forward-looking strategic layout of the local government to promote enterprises to “go oversea”, but also a 

microcosm of China's manufacturing industry to participate in the international division of labor. In the future, Wuxi will further give full play to the 

advantages of industrial foundation, take China-EU cooperation as a link, accelerate the construction of domestic industrial upgrading and international 

market expansion of the depth of the integration of the new development pattern, and promote the manufacturing industry to the high-end of the global 

value chain.