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Foreign and Military Affairs

China, Mongolia economies highly complementary

Updated: 2011-09-02 21:43

(Xinhua)

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BEIJING - Chinese Vice-President Xi Jinping said Friday that the economies of China and Mongolia are highly complementary, especially regarding mining cooperation.

Xi made the remarks during his meeting with Ukhnaa Khurelsukh, secretary general of the ruling Mongolian People's Party (MPP).

When facing broad cooperation prospects, China and Mongolia should seize opportunities, and give full play to their complementary advantages, so as to reinforce practical cooperation in relevant fields, Xi said.

With regard to their mining cooperation, Xi said the exploitation of mineral resources should run parallel to infrastructure construction and financial cooperation, and the three aspects should be pushed forward within overall planning.

Khurelsukh is in China to attend a two-day seminar held on August 29 and 30, in which senior officials from the Communist Party of China (CPC) and MPP exchanged views and experiences on party building and national construction.

Khurelsukh said the seminar deepened strategic mutual trust and understanding between the two parties.

The MPP is willing to push forward the state-to-state friendship, make efforts to advance bilateral cooperation in all areas, including politics, economy and culture, and strengthen the two countries' coordination on international issues, said Khurelsukh.

Xi said China highly values the bilateral relationship, and is ready to work with Mongolia to enhance cooperation in order to better benefit the two peoples.

China and Mongolia decided to upgrade bilateral ties from a good-neighbor partnership of mutual trust to a strategic partnership, according to a joint statement issued during Mongolian Prime Minister Sukhbaatar Batbold's visit to China in June.

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