Chinese President Xi Jinping is meeting Serbian President Aleksandar Vučić on the second day of a state visit to Belgrade, with 35 bilateral agreements expected to be signed covering new investments, infrastructure projects and expanded cooperation across sectors of strategic importance to Serbia.
Vučić said the discussions would focus on the future of the relationship, including new investment commitments and the further strengthening of economic ties. Investment and the economy are at the centre of the talks.
China has already invested approximately €7.8 billion in Serbia through 37 companies employing nearly 40,000 people — making it one of Serbia’s largest foreign investors. The dominant presence in that figure belongs to the mining sector. Zijin Mining has invested €2.2 billion in Serbia, primarily through its Čukaru Peki copper-gold mine near Bor, while Zijin Copper has committed a further €2.7 billion. Together, the two Zijin entities account for nearly half of total Chinese investment in the country.
Other significant Chinese investors include tyre manufacturer Linglong International Europe at €800 million, automotive components producer Minth Automotive Europe at €516 million, steelmaker HBIS Group Serbia Iron and Steel at €166 million and automotive lighting systems firm Xingyu at €137 million.
The visit comes at a moment of deepening Chinese economic engagement across the Western Balkans, with Serbia serving as the primary hub of Chinese industrial investment in the region.
