Xi Jinping and the rebirth of Serbia's iconic factory
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.
- Shanghai recorded over $11b in spending during the holiday
- 40 individuals held accountable for 2025 Yunnan coal mine accident
- Shandong revives ancient Grand Canal hydraulic engineering heritage
- Former senior inspector sentenced to 12 years for bribery
- China to expand rehabilitation, nursing care capacity by 2030
- Mediation highlighted as way to resolve private firms’ disputes





























