Regional connectivity key to mutual benefits, trade official says

China-Mongolia business ties will look to enhanced regional connectivity to stimulate trade and attract investment as they pursue measures to improve economic integration, Chinese officials said.

Zhi Luxun, deputy director of the Department of Foreign Trade at the Ministry of Commerce, said regional connectivity is a top priority for the Mongolian government when it comes to promoting development in investment, trade, infrastructure and tourism.

Mongolia is a landlocked country with a sparse population, vast territory and abundant resources. It relies heavily on China and Russia for access to ports. The country exports mainly minerals and agricultural products to China and global trade partners.