Business meeting between entities of Ulaanbaatar and Beijing cities
EconomyUlaanbaatar /MONTSAME/ During the working visit of Mayor of Ulaanbaatar city and Governor of the Capital City S.Batbold to Beijing, China, a business meeting between entities of the two cities has been held today for the first time.
Co-organized by the Governor’s Office of the
Capital City, Ulaanbaatar City Chamber of Commerce, Ulaanbaatar Development
Corporation, the Embassy of Mongolia in Beijing, China and Beijing Municipal
Administration, the meeting was attended by representatives of more than
100 entities of the two cities, discussing the ways to intensify trade and economic
ties.
Underlining that the
two capital cities will be the main stronghold of development of Belt and Road
Initiatives which will be implemented between Mongolia and China and at
the level of neighboring countries, Zhang Qing, Vice Chairperson of Beijing
Municipal People’s Congress said that volume of investment made by Chinese
entities to Mongolia reached USD 80 million in last years. Mining,
exploration and agricultural sectors prevailed in it.
Moreover Mr. Zhang Qing expressed huge interest of entities in Beijing to make investment to Ulaanbaatar city and highlighted that the visit of the Mayor of Ulaanbaatar city brought economic ties between
the two cities at new level.