Headquartered in the northern Hebei Province of the Chinese mainland, Hesteel Group (HBIS) stands as one of the largest and oldest steelmakers and integrated service providers. Under the ambitious Belt and Road Initiative, HBIS embarked on a transformative journey to breathe new life into Serbia's century-old Smederevo steel plant.
Facing the threat of closure, the Smederevo plant received a substantial boost as HBIS updated its equipment, enhanced technologies, and helped establish a robust global industrial chain. These strategic improvements not only revitalized the plant but also secured its position in the competitive global steel industry.
This revitalization is a testament to the 'ironclad' friendship between the Chinese mainland and Serbia, showcasing the power of international collaboration. In a recent visit to HBIS, Serbian football coach Cakara Alen from the Tianjin Football Association and a dedicated Chinese engineer returned from the Smederevo steel plant shared inspiring stories of cross-border partnerships.
During their discussions, they highlighted the touching narratives of Chinese enterprises venturing abroad and the boundless opportunities that lie in strengthening the Chinese mainland's cooperation across various sectors. This collaboration not only boosts the steel industry but also paves the way for future endeavors in technology, business, and cultural exchanges between the two nations.
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Sino-Serbian 'ironclad' friendship breathes new life into steel plant
cgtn.com
