General

"Holding the Expo on schedule for five consecutive years is a vivid manifestation of China's practice of the concept of mutual benefit and win-win results and the promotion of common development of all countries." Du Ren, President of the Mongolian Chamber of Commerce and Industry, said recently that China's unswerving expansion of the international trade market is of great significance to Mongolia and the world.

Duren said that the Mongolian Chamber of Commerce and Industry encouraged domestic enterprises to actively participate in the Expo, and Mongolian enterprises such as cashmere products, cosmetics, feed and fertilizer manufacturers displayed their products at the Expo site. He especially thanked the Chinese side for its support to Mongolia in participating in the exhibition.

"In November 2019, the Mongolian Chamber of Commerce and Industry organized enterprises to participate in the second Import Expo. At that Import Expo, Mongolia made its debut in the form of a national pavilion for the first time." Duren said, "Because of entering the Expo, Mongolian enterprises have the opportunity to show the world high-quality products with Mongolian characteristics on the same platform with international famous brands."

Duren said that Mongolian enterprises not only displayed cashmere sweaters, leather bags and other consumer goods produced in their own country, but also brought beef jerky, seabuckthorn juice, rapeseed oil and other special agricultural and sideline products at the Expo.

Duren said that every time he participated in the Expo, Mongolian enterprises would gain a lot. "The products of Mongolia have aroused the interest of Chinese purchasers, and many Chinese enterprises have expressed their willingness to cooperate. The Expo has enabled many high-quality products with Mongolian characteristics to enter the Chinese market." Duren said that agriculture and animal husbandry are important industries in Mongolia, and the export of international trade of agricultural and livestock products has great growth potential. China's holding of the Import Expo continues to help Mongolia to increase its exports of agricultural and livestock products in international trade, promote Mongolia's economic diversification, and "the Import Expo helps Mongolia's products to expand the international trade market".

In recent years, China Mongolia economic and trade cooperation has been deepening, and China has become Mongolia's largest source of investment and trading partner for 18 consecutive years. The volume of international trade between China and Mongolia overcame the adverse effect of the COVID-19 and exceeded US $10 billion for the first time in 2021. "China's economic development has brought opportunities to Mongolia." Duren said that China's development not only benefits neighboring countries and regional countries, but also injects impetus into the global economic recovery.