国内英语资讯:Belt and Road Initiative facilitates China-CEE cooperation: PwC_时事

国内英语资讯:Belt and Road Initiative facilitates China-CEE cooperation: PwC

"CEE countries boast huge investment potential," he said, citing cooperation in various areas from infrastructure to manufacturing and technology.

China and CEE countries have worked together to improve transport networks, including Serbia's E763 highway project and the overhaul of the Budapest-Belgrade railway, as well as other infrastructure projects, such as a thermal power plant in Bosnia and Herzegovina.

Agnieszka Gajewska, another PwC partner who specializes in capital and infrastructure projects, described infrastructure as the backbone for China-CEE collaboration.

"In a crucial position of the routes of the Belt and Road, many CEE countries still have poor infrastructure and low per capita GDP and need to improve their airports, railways, and roads, where Chinese companies have greater advantages than investors from other parts of the world," Gajewska said.

At a high-level meeting in November, China proposed to strengthen innovation cooperation with CEE countries, with more energy to be put into industrial parks in capacity, energy, logistics, and agriculture.

To support expanded cooperation, the second phase of the China-CEE Investment Cooperation Fund worth 1 billion U.S. dollars has been established in the Hungarian capital Budapest.

Romanowski said he believes Chinese investment will continue to see robust growth in CEE countries along with closer economic ties between the two sides. "The only question is how fast and how much."