Hungary on track to greater prosperity

The modernization of the rail link between Budapest and Belgrade is a flagship project and a prime investment target for Chinese companies. Fu Jing reports from Budapest.

Editor's note: This is the 10th in a series of reports focusing on the development of the Belt and Road Initiative, China's proposed trading route linking China and the rest of the world.

Chinese and Hungarian officials have confirmed that China's participation in the modernization of the 350-kilometer Budapest to Belgrade railway is progressing smoothly, and the European Commission is reviewing the design plan and financing arrangements.