Both the presidential and parliamentary elections were held in October 2014 in Bosnia and Herzegovina. The new Presidency and House of Representatives were elected,which meant the political picture of BIH has been changed. It is forecast that BIH’s economic growth rate in 2014 would decline by a large margin because of many disadvantageous factors such as the series of demonstrations and riots in February,the severe floods in May and August,the sluggish domestic demand due to the reduced government expenditure and widening foreign trade deficit. The EU required that BIH carry on further political,social and judicial reforms,which added additional difficulties for the BIH’s EU accession. The pragmatic cooperation between China and the BIH is developing smoothly.
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