2015-01-16beijingtoday.com.cn

``Prime Minister Li Keqiang signed a deal with Aleksandar Vucic, premier of Serbia, and Viktor Orban, premier of Hungary, to connect the European countries by high-speed train on December 17. The railway is expected to be complete by mid-2017 and will shorten travel time between Budapest and Belgrade to less than three hours.

The $3.1 billion project will be 85 percent financed by China Development Bank and executed by Chinese state-owned enterprises.... Analysts said the 400-kilometer railway is part of China's ambitious plan to speed up delivery of its exports to central Europe through Greece's port of Piraeus.



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