Great news for global trade enthusiasts! 🌍 China and Serbia have announced plans to expand the use of China-Europe freight trains, strengthening their economic ties and making it easier to transport top-quality Serbian products to the bustling Chinese market.
Signed by Chinese President Xi Jinping and Serbian President Aleksandar Vucic, the joint statement highlights a commitment to enhancing the already impressive freight train network. In 2023 alone, these trains connected 219 cities across 25 European countries, proving to be a vital lifeline for global supply chains.
But that’s not all! The two nations are also focusing on building a China-Serbia community with a shared future in the new era. Serbia is on board to collaborate with China on the Global Development Initiative, Global Security Initiative, and Global Civilization Initiative, paving the way for a brighter, more interconnected future.
Expect to see new high-tech industrial projects and deeper cooperation in space science and technology. China is even welcoming Serbia's participation in the International Lunar Research Station—how cool is that? 🚀🌕
Financially, both countries are set to strengthen their cooperation by supporting the early opening of Serbia's RMB clearance bank. This means more seamless local currency settlements in trade and investment, making business transactions smoother and more efficient.
With these exciting developments, China and Serbia are not just enhancing their trade routes but also building a robust foundation for future collaborations across various sectors. Stay tuned for more updates on this dynamic partnership!
Reference(s):
China, Serbia to expand use of China-Europe freight trains: statement
cgtn.com