China-Mongolia trade ties will be further strengthened and expanded to a new level, as Mongolian President Ukhnaa Khurelsukh started a state visit to China on Sunday, during which bilateral cooperation in a wide range of areas is expected to be covered, Chinese traders and analysts said.
Mongolia and China share a border of more than 4,700 kilometers, and both countries are strategic partners and friendly and good-neighboring countries, exemplified by the fact that China has been Mongolia s largest source of investment and trading partner for 18 consecutive years. On September 15, the heads of China, Mongolia and Russia extended the Outline of the Development Plan on Establishing the China-Mongolia-Russia Economic Corridor by five years in Samarkand, Uzbekistan, unleashing greater potentials for the regional prosperity while upgrading Mongolia s role as a transit hub between the East and the West.
A wide gauge railway cargo train dispatched on Wednesday from Erenhot in North China s Inner Mongolia Autonomous Region to Ulan Bator of neighboring Mongolia, the first wide gauge railway train between two countries, CCTV reported on Thursday.
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