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Serbia’s strong economic ties with China: Record investments and growing trade

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In an interview with the Chinese Media Group (CMG), Marko Čadež, the president of the Chamber of Commerce of Serbia, highlighted that China was the largest investor in Serbia last year, with over one billion euros in investments. He mentioned that 1,800 Chinese companies operate in Serbia, employing around 27,000 people. Čadež also noted that trade between the two countries has surged fivefold over the past decade, reaching 7.5 billion euros. Additionally, Serbian exports to China have increased by 53.7 percent since the implementation of the Malta Trade Agreement.

Čadež emphasized the significance of the Serbia-China relationship, stressing that both countries should leverage the initiatives they have developed together. He pointed out that Serbia is one of the most active participants in the Belt and Road Initiative, adding that it has also joined the new international land-sea corridor, which will enhance trade cooperation and facilitate joint projects.

Regarding the broader relationship between China and the European Union, ÄŒadež observed that China, alongside the United States, is one of the EU’s biggest partners. Thanks to the strong ties Serbia has built with China over the years, particularly through the personal and friendly relationships between the two leaders, ÄŒadež believes that Serbia has the opportunity to serve as a bridge for a new connection between China and Europe.

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