Building factories and embarking on infrastructure projects overseas will be on top of the agenda for President Xi Jinping when he travels to Central Asia and Eastern Europe starting on June 17, according to Chinese assistant foreign minister Li Huilai.

In a press conference held last Wednesday, Li said that during his state visits to Serbia, Poland, and Uzbekistan, President Xi will promote his economic policy of developing factories and partnering with foreign private companies to invest in infrastructure projects.

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Li said Xi will push for the promotion of the economic policies in an effort to deal with massive industrial overcapacity in the Chinese steel sector and to create new markets for Chinese goods.

He added that President Xi will promote China's export of domestic overcapacity steel during his three-nation visit.

"Belt and Road Initiative"

Li said the president will visit Serbia, Poland, and Uzbekistan on June 17 to 22 and will attend the two-day 16th meeting of the council of heads of state that is part of the Shanghai Cooperation Organization in Tashkent, Uzbekistan from June 23 to 24.

Aside from promoting the export of China's steel, the president will also boost Beijing's "Belt and Road" initiative to enhance and strengthen trade relations with European countries.

This will be President Xi's second Eastern European trip in three months, following his recent trip to the Czech Republic last March.

Xi, in his visit to Poland, is expected to  sign a series of economic agreements with Polish President Andrzej Duda regarding areas such as banking, aviation, telecommunication, and infrastructure.

The two countries will also hold discussions on nuclear cooperation, as President Xi will continue to encourage domestic businessmen to invest in China.

In Uzbekistan, Xi will invest in infrastructure projects, including building an industrial park and the longest railway tunnel in Central Asia, Li said.

TagsBelt and Road Initiative, infrastructure projects, Eastern Europe, President Xi Jinping, three-nation visit, china