On September 26,2014, Chinese President Xi Jinping met then Spanish Prime Minister Mariano Rajoy at the Great Hall of the People in Beijing. President Xi Jinping pointed out, The Yiwu-Xinjiang-Europe Railway (YXE) started from Yiwu, Zhejiang province, with a planned destination of Madrid. China welcomes Spain's participa-tion in the construction and operation of a transcontinental railway, and will provide a good way for China and Spain to promote trade and economic cooperation.