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China to build its first European railway

TaiShang

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China to build its first European railway

China’s dream of building its first European railway took a step closer this week when China and three Eastern European leaders agreed to build an express line from Skopje in Macedonia to the Hungarian capital, Budapest, a distance of approximately 640km.


Chinese media said the plan was eventually to link Budapest to the Greek port of Piraeus, though Greece was not party to the agreement signed on 17 December by Chinese premier Li Keqiang and his counterparts from Hungary, Serbia and Macedonia.

The 400km link between Belgrade, capital of Serbia, and Budapest will cost $3.1bn and is to be financed by the China Development Bank and delivered by Chinese state-owned enterprises, reported the Associated Press.

It will cut travel time between the Serbian and Hungarian capitals from eight hours to less than three, AP said.

Trains will travel at 160km/h and the line will be running by the end of 2017, English languageHungary Today reported.

Premier Li visited Serbia this week, holding what Chinese media called a “flurry” of meetings with leaders from central and eastern European countries to promote cooperation on infrastructure and trade.

Xinhua news agency said Li “expects Hungary to provide sound policy and stable business environment for Chinese companies, and simplify visa procedures and facilitate work permit process for Chinese workers”.

As for Macedonia, Li said he hoped the country “can offer more policy support and convenience to the construction of the express passage, so that the route can benefit Macedonia and other countries along it at an early date,” Xinhua reported.

The idea for a Chinese-built rail link between Belgrade and Budapest was first raised last year.

Photograph: Chinese Premier Li Keqiang (front left) reviews a guard of honour with Serbian Prime Minister Aleksandar Vucic before talks in Belgrade, Serbia, 17 December (Xinhua/Yao Dawei)
 
xKEQIANG__VUCIC.jpg.pagespeed.ic.JoisgcODk4.webp

China to build its first European railway

China’s dream of building its first European railway took a step closer this week when China and three Eastern European leaders agreed to build an express line from Skopje in Macedonia to the Hungarian capital, Budapest, a distance of approximately 640km.


Chinese media said the plan was eventually to link Budapest to the Greek port of Piraeus, though Greece was not party to the agreement signed on 17 December by Chinese premier Li Keqiang and his counterparts from Hungary, Serbia and Macedonia.

The 400km link between Belgrade, capital of Serbia, and Budapest will cost $3.1bn and is to be financed by the China Development Bank and delivered by Chinese state-owned enterprises, reported the Associated Press.

It will cut travel time between the Serbian and Hungarian capitals from eight hours to less than three, AP said.

Trains will travel at 160km/h and the line will be running by the end of 2017, English languageHungary Today reported.

Premier Li visited Serbia this week, holding what Chinese media called a “flurry” of meetings with leaders from central and eastern European countries to promote cooperation on infrastructure and trade.

Xinhua news agency said Li “expects Hungary to provide sound policy and stable business environment for Chinese companies, and simplify visa procedures and facilitate work permit process for Chinese workers”.

As for Macedonia, Li said he hoped the country “can offer more policy support and convenience to the construction of the express passage, so that the route can benefit Macedonia and other countries along it at an early date,” Xinhua reported.

The idea for a Chinese-built rail link between Belgrade and Budapest was first raised last year.

Photograph: Chinese Premier Li Keqiang (front left) reviews a guard of honour with Serbian Prime Minister Aleksandar Vucic before talks in Belgrade, Serbia, 17 December (Xinhua/Yao Dawei)


Chinese have 100s of years of experience doing hard work while building railway network. Chinese were the major force during rail building boom of USA 100+ of years ago.

So I don't doubt this time they will build a fine rail system in Eastern Europe. .
 
Congratulation. I love China railways system and have tracked its progress for many years.
 
Belarus interested in China's Silk Way's economic belt

23 December 2014 19:36 | Politics

MINSK, 23 December (BelTA) – The Chinese project to build an economic belt along the Silk Way is of interest for Belarus, BelTA learned from experts of the Information and Analysis Center under the Belarus President Administration at the meeting with a delegation of the Chinese Academy of Social Sciences (CASS).

The delegation was led by Li Yongquan, Director of the Institute of Russian, Eastern European and Central Asian Studies. Li Yongquan stressed that the economic belt of the Silk Way will soon make the transition from concepts to concrete projects. “Kazakhstan, Kyrgyzstan, and Turkmenistan already display activity. I think there will be good projects involving Belarus, too,” said the representative of the Chinese Academy of Social Sciences.

The economic belt of the Silk Way is an initiative to create the logistics infrastructure for the fast delivery of merchandise from Asia to the European Union. The project is expected to involve 18 countries with the population of over 3 billion people. The construction of new motorways, railroads, pipelines will contribute to the development of power engineering, agriculture, mining engineering, tourism, and cultural exchange.

During the meeting Belarusian and Chinese experts also discussed matters concerning the Ukrainian crisis, prospects of the Eurasian Economic Union, topical problems of the international economy.

The Chinese Academy of Social Sciences is the leading Chinese think tank in the area of social sciences. According to the Foreign Policy Magazine, it is number one think tank in the entire Asian region. The Academy takes care of research in the area of international relations, political science, economics, and other areas. The Academy comprises nearly 40 institutes, over 180 research centers, and about 3,300 scientists. CASS publications are available via 70 scientific journals in Chinese and English.

Belarus interested in China's Silk Way's economic belt | Politics | Headlines
 
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