Wu Bangguo (L), chairman of the Standing Committee of the National People's Congress of China, meets with Mongolian President Tsakhia Elbegdorj, in Ulan Bator, Mongolia, Jan. 31, 2013. (Xinhua/Wang Ye)
Mongolia, he said, attaches great importance to developing friendly relations and win-win cooperation with China. He voiced hope that the two countries could maintain high-level contacts, promote pragmatic cooperation in various fields and enrich their relations of strategic partnership.
Mongolia will firmly pursue the one-China policy, he said, and understands and respects China's core interests.
During a meeting with Altanhuyag, Wu said China and Mongolia share a long border, and their economies are highly complementary. Since both countries are in vital stages of development, bilateral cooperation holds tremendous potential, he added.
The two countries, Wu proposed, should adopt a long-term perspective and pursue mutually beneficial cooperation aimed for common development.
They also should integrate exploration of mineral resources, infrastructure investment and financial cooperation, and initiate and complete large-scale projects that will set an example for future projects as quickly as possible, he added.
Wu said the two countries should work together to ensure consistency in implementing policies to safeguard their business cooperation.
Altanhuyag said Mongolia will further its cooperation with China in such fields as mining, agriculture, animal husbandry, infrastructure construction and cross-border transportation. He added that Mongolia is willing to create favorable conditions for Chinese investors.
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