In 2013 and 2014, China successively launched the “One Road and One Belt” initiative, which gradually became “the Belt and Road” initiative (B&R). It became an important platform to guide China’s opening up, promote global governance, and build a community with a shared future for humankind. As an important platform for promoting B&R in Europe, “16+1 Cooperation” plays an important role in promoting Chinese enterprises to “go global” and promote China-EU connectivity. Since the launch of the “16+1 Cooperation” in 2012, China’s infrastructure, energy, industry capacity, and other projects have been initiated in the Balkans. Typical examples are: China’s Hegang Group’s acquisition of the Serbian Smederevo steel mill; China Road and Bridge Corporation (CRBC) building the Hungarian-Serbia Railway; COSCO Group’s acquisition of the Greek port of Piraeus; China Communications Construction Group building the highway in Montenegro; China Road and Bridge Company’s successful bid for the Croatian Peljesac Bridge project that is financed by the EU; Shanghai Dongfang Electric building the Bosnia and Herzegovina thermal power station project in Stanari; and the North Macedonian highway project undertaken by Power Construction Corporation of China.