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Mongolia, China Reaffirm Commitment to Raise Trade Turnover to USD 20 Billion www.montsame.mn
Prime Minister Zandanshatar Gombojav received Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Mongolia Shen Minjuan on January 13, 2026.
At the outset of the meeting, Prime Minister Zandanshatar expressed his appreciation to Li Qiang, Premier of the State Council of the People’s Republic of China, for extending New Year greetings. He noted with satisfaction that Mongolia and China, as eternal neighbors connected by mountains and rivers, regard the development of friendly relations and cooperation as a priority of their respective foreign policies, and that bilateral cooperation is being advanced beneficially on the basis of mutual respect for independence, sovereignty, territorial integrity, the development paths chosen by each side, and their fundamental interests.
The Prime Minister underscored that during his meeting with Premier Li Qiang in Moscow in November 2025, the two sides agreed to coordinate China’s 15th Five-Year Plan for socio-economic development with Mongolia’s five-year development plan in order to elevate long-term sustainable development, economic growth, and regional cooperation to a new level.
He emphasized that intergovernmental projects and programs being implemented between the two countries are of significant importance in bringing tangible benefits to the socio-economic development of both countries and their peoples. The Prime Minister reaffirmed Mongolia’s commitment to working closely with the Chinese side to achieve the Heads of State- agreed goal of increasing bilateral trade turnover to USD 20 billion in 2026. The two sides also expressed readiness to actively cooperate in facilitating transit transportation necessary to deliver Mongolian goods to third-country markets.
Ambassador Shen Minjuan noted that maintaining stable bilateral trade turnover amid challenging global trade and economic conditions demonstrates the broader potential for further expanding economic cooperation between the two countries. She also expressed her commitment to contributing to mutually beneficial cooperation between Mongolia and China.
Published Date:2026-01-15
