Silk Road initiatives to boost China-EU ties

China is currently in high-speed rail negotiations with 28 nations, most of which are along the routes, with a total length of track over 5,000 km on the agenda.

Fully embraced by the European Union and other Eurasian actors, the New Silk Road will take 65 percent of the world's population toward an unprecedented level of cohesiveness and prosperity, Gosset said in the article.

The construction of Belt and Road routes will be conducive to expanding China's opening to the West and the EU's opening to the East, so it is a real win-win deal, said Bai Ming, a researcher with the Chinese Academy of International Trade and Economic Cooperation.

The EU will have more business opportunities in Asian countries via the initiatives, said Bai.

Zhu Dan, with the European Union Chamber of Commerce in China, said that the policy dividends of the Belt and Road initiatives will prove particularly attractive to circles in Europe given the problems in the European economy.

Though 2014 saw the Chinese economy grow 7.4 percent, the weakest annual expansion in 24 years, economists have interpreted this as a shifting from high-speed growth to medium-to-high growth, focusing on quality and efficiency.

Policymakers are hoping that the Belt and Road initiatives, bringing more and deeper cooperation with the world, will also provide a long-term boost for the country's economy.

China and Europe are complementary to each other in terms of economic structure, which lays a solid foundation for bilateral trade and cooperation, according to Zhu.

The new infrastructure will also encourage more Chinese enterprises to invest aboard while European companies welcome investment from China, she said.