President promotes economic upgrade

China and Mongolia will push economic ties forward by upgrading the structure of bilateral trade and encouraging more Chinese companies to invest in Mongolia.

"We will strive to make value-added products play a bigger role in trade," Xi said during his two-day state visit to Mongolia, which ends on Friday.

"The two countries are complimentary in industrial structure. China has been focusing on primary products, and Mongolia is rich in resources," said Mei Xinyu, a researcher at the Chinese Academy of International Trade and Economic Cooperation.