Foreign Media: After the new government took office in Hungary, Chinese enterprises are urgently adjusting to cope with a stricter regulatory environment.
About three weeks ago, a major electric vehicle giant required its subcontractors building a factory in Hungary to sign an "Overseas Employment Compliance Statement," pledging compliance with local regulations on wage payments, working hours, visas, health insurance, and labor management, and implementing pre-entry screening for business visa holders to prevent illegal employment.
Prime Minister Viktor Orbán's successor, Péter Márton, clearly called on Chinese companies to abide by Hungarian environmental and labor laws after winning the April 12 election. Following the government's swearing-in on May 9, it vowed to crack down on violations by foreign enterprises, aiming to change the previous era under Orbán when foreign investment faced fewer constraints.
Local Chinese enterprise executives stated that most firms have already begun compliance rectifications in recent weeks, but some are still waiting to see whether their previous informal practices remain effective.
Original article: toutiao.com/article/1865602137991371/
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