Serbia’s chamber of commerce (CCIS) said it has opened two new offices in China, in Beijing and the Hunan province capital Changsha.
Serbia’s chamber of commerce opens two offices in China
The free trade agreement between Serbia and China has opened new opportunities for the placement of Serbian products on the Chinese market and cooperation with Chinese companies, said CCIS president, Marko Cadez, in a press release on Saturday.
Serbia and China signed the free trade agreement in October 2023. The agreement, which entered into force on July 1 this year, includes 10,412 Serbian products and 8,930 Chinese products.
Cadez said new offices will support Serbian companies to start new businesses with Chinese partners or advance existing ones.
CCIS opened a representative office in Shanghai four years ago.
In 2023, the volume of trade between Serbia and China amounted to 5.65 billion euro ($6.1 billion), with exports from Serbia standing at 1.15 billion euro, and imports from China at 4.5 billion euro, according to data from Serbia’s statistics office.
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