CHINA’S PRESIDENT RECEIVES PRIME MINISTER

Ulaanbaatar /MONTSAME/ The state visit of Mr Xi Jinping to Mongolia is an expression of importance China is attaching to the relations with Mongolia. The Prime Minister of Mongolia N.Altankhuyag said it being received on Friday by Mr Xi Jinping, the President of the People’s Republic of China (PRC);. Our Pm thanked Mr Xi for paying the visit here and expressed a satisfaction with establishment of the joint declaration and a middle-term programme on developing the bilateral trade and economic cooperation, agreeing on boosting the comprehensive strategic partnership ties. He asked China’s President to pay attention to a matter on allowing Mongolian-made products to enter the Chinese market without taxes and limit on quotas. The PM said Mongolia intends to strengthen the cooperation with China in energy and renewable energy sectors and to activate the collaboration in erecting a power station based on coal mines and in supplying coal to China. He noted that the countries set a goal to increase the bilateral trade to 10 billion US dollars. In response, Mr Xi promised to focus attention on studying and realizing the PM's concrete proposals and requests. “We will cooperate in letting Mongolia use our seaports so that Mongolia can increase its transit transportation, it is important for landlocked Mongolia," Mr Xi said. China is ready to buy Mongolian agricultural products, and China will study a possibility of combining China’s “Silk Road” and Mongolia’s “Steppe Road” projects, he said. China is ready to help Mongolia erect national factories, especially those deeply processing mining products, and to give financial support to run railways if Mongolia chooses a standard gauge (1,435 mm), Mr Xi said.