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Xi Jinping and the rebirth of Serbia's iconic factory

Xinhua | Updated: 2024-05-08 01:17
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Aerial photo taken on Aug 16, 2021 shows the Smederevo Steelworks, Serbia.  [HBIS Serbia/Handout via Xinhua]

BELGRADE/BEIJING -- Situated by the scenic Danube River, the Smederevo Steelworks had long been hailed as the pride of Serbia before it slid to bankruptcy more than two decades ago.

Thanks to the deepening of the high-quality Belt and Road cooperation between China and Serbia, the century-old factory made a remarkable comeback in 2016 when its Chinese partner arrived.

In just a couple of months, the steel mill started turning a profit. It has now become one of the world's largest iron and steel makers and integrated service providers measured by production capacity.

The rebirth of the steel mill stands as a key epitome of the broader practical cooperation between the two countries.

As President Xi Jinping is about to pay his second state visit to the European country, expectations are running high that the ironclad friendship between the two nations will be further enriched and strengthened.

Many big Chinese investment projects here were brought about by President Xi, former Serbian President Tomislav Nikolic said. "He is a sincere friend of Serbia."

During his first state visit to Serbia in 2016, Xi offered a strong helping hand to the Smederevo Steelworks, ushering in a wave of Chinese support.

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