new silk road

These relations have enabled Serbia to be an important point on the New Silk Road route, Serbian Foreign Minister and First Deputy PM Ivica Dacic said on Monday, Tanjug reported on Monday.

It seems clear that Chinese investment in Serbia in light of the new Silk Road is a way of entering the European hub for a long term. The agreement on the opening of an industrial park in the Serbian city of Smederevo on the banks of the Danube gives China the green light in terms of strategic cooperation with Serbia in the economic sphere.

Greece and China signed a "three-year action plan" for joint projects over the weekend that will see Greece claim a share of Beijing's 100-billion-euro investment program for the countries on the so-called New Silk Road.

Greek telecoms company Forthnet and Chinese telecom equipment maker ZTE Corp have teamed up with two other Chinese firms to finance a fibre optic network in Greece, Forthnet said on Saturday.

Forthnet and ZTE signed a cooperation agreement in 2016 to build a high-speed broadband network in the country.

Chinese President Xi Jinping has told his Turkish counterpart Recep Tayyip Erdoğan that the two countries should deepen counter-terrorism cooperation, amid Chinese concern about ethnic Uighurs from its Xinjiang region fighting with militants in the Middle East.

Two Chinese companies - the e-commerce giant Alibaba and the Porter City Holding are considering investing in major logistical projects in Bulgaria, Bulgarian institutions have announced.

Investors from the Chinese city of Shenzhen are willing to erect a new "economic city" near Plovdiv in Bulgaria, daily 24 Chasa reports.

Bulgaria and China signed agreements for cooperation in the areas of air and water transport.

The agreements were signed during the visit of Bulgaria's Deputy Transport Minister Anton Ginev to Shanghai and Zhengzhou between March 2 and 6.