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China agrees railway deals with Hungary, Serbia

Updated: Nov 24,2015 7:57 PM     Xinhua

SUZHOU, Jiangsu — On Nov 24, Premier Li Keqiang, with Hungarian Prime Minister Viktor Orban and Aleksandar Vucic, prime minister of Serbia, witnessed the signing of separate deals on construction and revamping of a rail link between Belgrade and Budapest.

Details of the two deals made on the sidelines of an annual summit meeting between Chinese and Central and Eastern European (CEE) leaders were not immediately available, but Premier Li Keqiang pledged earlier in the day that construction of the railway would be under way by the end of this year and be finished within two years.

As a flagship project of China-CEE cooperation, the high-speed rail link could cut travel time between the two countries’ capitals by more than half.