Serbia reaps rewards from 'visionary' initiative

Balkan nation achieves remarkable progress from cooperation with China

Cooperation with China under the Belt and Road Initiative has played a "a huge part" in Serbia's economic success and the IT sector will be a focus for future bilateral cooperation, a top Serbian official said.

From 2014 to 2018, the Serbian economy has achieved a remarkable turnaround, said Serbian Finance Minister Sinisa Mali. In 2014, Serbia was in a poor economic condition, plagued by huge public debt and negative growth, Mali said.