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International Relation

China has become Mongolia's largest trade partner for more than ten years

September 28, 2017


Abstract : China has continued to maintain its position as Mongolia's largest trade partner for more than ten consecutive years, according to the Ministry of Commerce at the 2nd China-Mongolia Expo.

蒙古国旗

 

BEIJING, Sept. 28 (Xinhua) -- China has continued to maintain its position as Mongolia's largest trade partner for more than ten consecutive years, according to the Ministry of Commerce at the 2nd China-Mongolia Expo.

China's non-financial direct investment in Mongolia amounted to 4.11 billion U.S. dollars by July 2017, roughly accounting for 30 percent of Mongolia's foreign direct investment.

In particular, China-Mongolia bilateral trade volume stood at 3.62 billion U.S. dollars in the first seven months of this year, up 46.3 percent from last year. (Edited by Hu Pingchao, hupingchao@xinhua.org)

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Keyword: China-Mongolia foreign-trade

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