Xi Jinping'S Visit To Mongolia This Week Is Expected To Be A Major Task In Infrastructure, Pportation And Mineral Cooperation.

< p > > a href= "http://sjfzxm.com/news/index_f.asp" > Mongolia country < /a > main industries include agriculture, animal husbandry, mining, pportation and so on. Mining industry is a pillar industry.

In recent years, the government of Mongolia has implemented the strategy of "revitalizing the country through mining", and has identified more than 80 kinds of minerals and more than 6000 mineral deposits, including coal reserves of about 1520 billion tons, copper 2.1 million tons, iron 20 million tons, phosphorus 2 million tons, gold 3100 million tons, and oil 8 billion barrels.

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< p > it is learnt that Mongolia has done a lot to attract foreign investment, especially Chinese investment.

Last year, the country amended the investment law to treat foreign investment and domestic capital equally and provide more convenient conditions for registration of foreign companies.

In addition, the mineral resources utilization law and the petroleum law have been revised to further pay attention to and protect the rights and interests of investors.

At present, there is not enough technology in the deep processing of mineral products in Mongolia, and the cooperation between the two countries has a broad prospect in this field.

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< p > China is also the largest importer and consumer of coal in Mongolia.

Last year, Mongolia exported 18 million tons of coal to China, and the export volume reached 34 million tons this year.

China signed a coal export and processing agreement with Mongolia this year, and China will import 10 billion tons of coal from Mongolia in the next 20 years.

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< p > besides, Mongolia has abundant land resources and natural grassland. However, the development level of Mongolia's agriculture and animal husbandry is low, its production technology is not well developed, and its development potential is enormous.

The two sides have huge room for cooperation in animal husbandry, livestock products processing, planting industry and new agricultural technology.

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Last September, Xi Jinping's first "Silk Road Economic Belt", which was first put forward by P, is also worth noting.

Sue Beh Battle, Ambassador of Mongolia to China, believes that this idea makes the country feel at ease: on the one hand, the western part of Mongolia has a more than 1000 km border with Xinjiang, China, with excellent geographical location and abundant natural resources. On the other hand, the construction of the economic belt will further improve the infrastructure conditions of Mongolia, facilitate the export of oil, natural gas and electric energy, and enhance road construction such as highways and railways.

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< p > investment in Mongolia enterprises is expected to profit less than /p.

< p > China has been Mongolia's largest trading partner and major investor in more than 10 years. The volume of trade between China and Mongolia has increased from US $120 million in 1994 to US $6 billion in 2013.

As of October last year, Mongolia registered 5951 enterprises in China, accounting for 49.11% of the foreign enterprises.

There are 14 border crossings in China and Mongolia. The distance between goods and pportation is close, the cost is low and the cost is low.

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< p > China's main investment industries in Mongolia include mineral resources exploration and exploitation, trade and catering services, construction and building materials production, livestock products processing, food production and so on.

Especially in mining exploration, development and deep processing of mineral products, China and Mongolia have better cooperation. Mining investment accounts for 51% of China's total investment in Mongolia. As of January this year, a total of 445 Chinese funded enterprises invested in mineral industry in the country.

Great wisdom News Agency (micro signal: DZH_news) has made incomplete statistics on Chinese enterprises invested in Mongolia.

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< p > China's enterprises involved in mineral energy and other fields include: China nuclear group, Shenhua Group, Huadian Group, China Petroleum Corporation (601857.SH), Sinopec (600028.SH), China Nonferrous Metals (08306.HK), China Aluminum Industry (601600.SH), Yili energy (600277.SH), hang Xiao steel structure (600477.SH), Hongrun construction (002062.SZ), etc.

< p > in the field of infrastructure, there are: Zhongjiao group, Gezhouba Dam group, China Mechanical Engineering (01829.HK), China North Locomotive (601299.SH), etc. < /p >

< p > the Chinese enterprises involved in the financial field include: Bank of China (601988.SH) and so on.

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< p > < strong > the five meeting between leaders of China and Mongolia in the past years, < /strong > /p >

Xi Jinping has held four meetings with the leaders of Mongolia since November 2012 when he became the top leader of the party and the state in November 2012. P also held talks with the Prime Minister of Mongolia.

The talks focus on three areas: mining investment, infrastructure construction and financial cooperation.

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< p > for the first time: April 2013 Boao forum, Hainan < /p >

< p > contents: promote infrastructure construction and financial cooperation as a whole.

Cooperation in deep processing, new energy, agriculture and animal husbandry, cross-border pportation and other fields.

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< p > Second: SCO summit September 2013, Kyrgyzstan < /p >

< p > contents: Mongolia is implementing the strategy of "revitalizing the country through mining industry". The two sides should strengthen the economic and trade cooperation and do well in the large scale interconnection projects in accordance with the idea of "three in one integration" in mineral resources development, infrastructure construction and financial cooperation.

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< p > third times: Prime Minister of Mongolia visited China in October 2013, Beijing < /p >

< p > contents: Xi Jinping attended the two sides to implement the overall cooperation idea of "three in one, coordinated development" in mineral development, infrastructure construction and financial cooperation, and focused on carrying out large-scale projects of mineral resources and interconnection and cooperation in order to promote the economic and trade cooperation between China and Mongolia in a new way in terms of scale and quality.

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< p > Fourth Times: Prime Minister of Mongolia visited China in October 2013, Beijing < /p >

< p > contents: Li Keqiang attended the signing of the outline for the long-term development of China Mongolia strategic partnership and signed a number of cooperation documents including bilateral economic and trade, aviation, science and technology, finance and infrastructure construction.

The two sides make overall planning and construction of railways, highways, natural gas pmission and power pmission to connect the two countries. China supports Mongolia to build industrial parks and economic zones, and is willing to discuss with the Mongolian side the establishment of the border free trade area, strengthen financial cooperation, and actively study the expansion of bilateral currency swap scale, and carry out trade settlement between the two countries' currencies.

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< p > fifth: May 2014 AsiaInfo summit, Shanghai < /p >

< p > content: take the construction of the Silk Road Economic Belt as an opportunity to expand bilateral cooperation and encourage powerful Chinese enterprises to invest in Mongolia.

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< p > strengthening cooperation in the fields of mineral resources, electricity and infrastructure.

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