COVID-19 Latest
Mongolia|business|August 2, 2017 / 03:47 PM
China-Mongolia Expo to strengthen bilateral economic ties

AKIPRESS.COM - The second China-Mongolia Expo will serve as an important platform to improve economic cooperation and cultural exchange between China and Mongolia, the Ministry of Commerce (MOC) said Tuesday, Xinhua reported.

The biennial event, scheduled for September 26 to 30 in Hohhot, capital of China's Inner Mongolia Autonomous Region, will help promote China-Mongolia economic ties to a high level and improve cooperation among northeast Asian nations at large, Qian Keming, vice minister of the MOC, said at a press briefing.

China has been the largest trading partner with Mongolia for more than a decade with bilateral trade up 44.2 percent year on year to reach 3.1 billion U.S. dollars in the first half of 2017, he said.

Chinese investment in Mongolia has also seen robust growth with non-financial outbound direct investment reaching 4.1 billion U.S. dollars by June this year.

Both countries will further strengthen bilateral cooperation in infrastructure, animal husbandry and mineral resources, Qian said.

Over 2,000 delegates from China, Mongolia and Russia will attend the expo to carry out pragmatic cooperation to strengthen economic ties, Ai Lihua, vice chairman of Inner Mongolia Autonomous Region, said at the briefing.

All rights reserved

© AKIpress News Agency - 2001-2024.

Republication of any material is prohibited without a written agreement with AKIpress News Agency.

Any citation must be accompanied by a hyperlink to akipress.com.

Our address:

299/5 Chingiz Aitmatov Prosp., Bishkek, the Kyrgyz Republic

e-mail: english@akipress.org, akipressenglish@gmail.com;

Follow us:

Log in


Forgot your password? - recover

Not registered yet? - sign-up

Sign-up

I have an account - log in

Password recovery

I have an account - log in