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Chinese premier proposes stronger investment cooperation with Mongolia
June-2-2010

China is willing to boost investment cooperation with Mongolia in mineral resources development and infrastructure construction and encourage Chinese enterprises to import more dairy and agricultural products from its northern neighbor, visiting Chinese Premier Wen Jiabao said on Wednesday.

Wen outlined a number of proposals to boost trade and economic cooperation between the two neighbors at the opening of an economic and trade cooperation forum in Mongolian capital Ulan Bator.

Wen said investment cooperation between the two sides in mineral resources development and infrastructure construction can be combined with funding and technological support.

The two sides should push for the completion of a number of major projects at early dates, he added.

Wen said China will support its enterprises to import more dairy and agricultural products from Mongolia and encourage them to invest in projects that create more jobs and improve the livelihood of local residents.

Wen proposes the two sides carry out specific efforts in line with a framework agreement on bilateral trade and economic cooperation in the medium term and further strengthen their ties under the multilateral and sub-regional cooperation frameworks.