Many reports indicate the great position of Mongolia on the Chinese economic map as a pillar of the modern Chinese initiative.
Mongolia is expected to witness unparalleled economic growth in terms of international economic cooperation, which will positively affect the national economy.
China shares an ancient cultural history with Mongolia, long common borders, and economic cooperation that has never stopped.
Mongolia, with its vast territories and few people, has turned into a meeting place for Russia and China, and a strategic center for Chinese economic expansion.
Mongolia’s strategic policy through the “Mongolia Steppe Road Program 蒙古国“草原之路” is largely in line with the belt and road initiative, which is a road connecting Mongolia, China and Russia.