On August 7, 2022 local time, Mongolian Prime Minister and Chairman of the Mongolian People's Party Luvsannamsrai Oyun-Erdene met with State Councilor and Foreign Minister Wang Yi in Ulaanbaatar.

Oyun-Erdene asked Wang Yi to convey his sincere greetings to Chinese leaders and thanked China for providing vaccines and other anti-pandemic materials to Mongolia to help the country safeguard the health and well-being of its people, which fully demonstrates that a friend in need is a friend indeed. Mongolia follows a policy of giving priority to neighbors, regards China as a good neighbor that is more valuable than gold, and expects to work with China to seek greater synergy between development strategies to advance bilateral cooperation in various fields at an accelerated pace. The Mongolian People's Party has also just celebrated the centenary of its founding. He wishes the 20th National Congress of the Communist Party of China (CPC) a complete success and hopes to strengthen exchanges with the CPC at a new starting point to draw on its experience in party governance and state administration.

Oyun-Erdene stressed Mongolia's firm belief that all countries' independence, sovereignty and territorial integrity, as well as their own choice of development path, should be respected. Mongolia firmly supports the one-China principle and opposes external interference in China's internal affairs such as Taiwan, Xizang, Xinjiang and Hong Kong. China is a responsible major country representing the future of Asia, and China's development serves the common interests of all Asian countries. Mongolia firmly supports the further development and growth of its friendly neighbor China and hopes to realize common development and prosperity with China.

Wang Yi conveyed Chinese leaders' sincere greetings to Prime Minister Oyun-Erdene. He said that China and Mongolia are linked by mountains and rivers and the only right choice for us is peace, friendship, mutual benefit, mutual understanding and mutual support. China appreciates Mongolia's adherence to the one-China principle and its support for China's efforts to safeguard core interests. China also respects Mongolia's independence, sovereignty and territorial integrity, supports Mongolia in choosing a development path suited to its national conditions in accordance with the will of its people, and backs Mongolia's efforts to maintain stable governance and focus on development.

Wang Yi said that China has always stayed committed to the principle of amity, sincerity, mutual benefit, and inclusiveness in its neighborhood diplomacy, has always accommodated its neighbors' comfort level, and has always been ready to share China's development opportunities. China puts advancing friendly cooperation with Mongolia in an important place in its neighborhood diplomacy. No matter how China may develop in the future, this policy will not change. As a Chinese saying goes, "If brothers are of the same mind, their sharpness can cut through metal". China is ready to work with Mongolia to seek greater synergy between the Belt and Road Initiative and the Steppe Road Program, between the Global Development Initiative and Mongolia's new revival policy, and between China's "two-step" development strategy and Mongolia's long-term development vision, so as to create three engines of development for bilateral relations and inject strong impetus into the mutually beneficial and friendly cooperation between the two countries.

The two sides had in-depth exchanges on experience in governance and development, and plans for practical cooperation in the next stage. Both sides agreed to maintain high-level and party-to-party exchanges, remain focused on achieving lasting greatness for the two Parties, both in their 100s, and accelerate respective development and revitalization. The two sides will promote the development of ports and corridors, improve the efficiency of customs clearance, forge major demonstration projects in infrastructure and energy, among others, and strengthen youth exchanges and sub-national cooperation. Wang Yi said that the economies of China and Mongolia are highly complementary, and China is ready to help Mongolia turn its resource endowment into development advantages and tangible development outcomes.