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  • 2 years ago
As China’s President Xi Jinping prepares to visit Serbia as part of a three-country tour of Europe, Belgrade’s Economic Minister Slobodan Cvetkovic told CGTN that the growing IT sector was attracting foreign investment. Xi will arrive in Serbia on May 7 and both nations have described their diplomatic friendship as ‘ironclad.’

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00:00 I think that the most important part of our economy is this IT sector.
00:07 This is not very challenging, I mean, you don't need factories, you just need very well-educated people,
00:14 you know, internet connection, and that is it.
00:17 So this is the way where we can cooperate.
00:21 So this is the reason why so many companies, Chinese companies, we are talking about them,
00:26 are present here, they are producing, this is good for them, good location.
00:29 We are very close to the European community, but we are not European community.
00:33 Not yet?
00:34 Not yet, okay, but still the workforce is cheaper than in European community,
00:39 and we can say this energetic sector is still more cheaper than European.
00:45 China's President Xi Jinping is due to visit Serbia in coming weeks.
00:51 What do you think that visit is going to mean for Serbia's economy?
00:56 First of all, like we said, our President Aleksandar Vucic and Mr. Xi Jinping,
01:03 there is like an iron friendship between two countries,
01:07 and if you have like that very significant person in the world economy, not just economy,
01:16 because we are talking about China, 1.4 billion people,
01:20 and he is going to visit one small Serbia, one small economy,
01:25 and for us it is very significant, a very good sign that we are on the good road
01:30 and the cooperation between two countries is very high level.
01:33 So this is like representing that our partnership is doing well,
01:38 and I hope that after this visit it's going to encourage both sides
01:43 that we're going to continue it even more harder, better, and with better quality.
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