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The 5,800 legal entities with Chinese investment registered in Mongolia www.news.mn
In recent years, the comprehensive strategic partnership between Mongolia and China has developed rapidly, leading to accelerated investment and trade activities between the two countries. From the 5,800 legal entities with Chinese investment registered in Mongolia, 1,690 have stable operations and pay taxes.
China is Mongolia’s biggest investor as it accounts for 21 percent offoreign direct investment (FDI) to the country and over 50 percent of Mongolian companies with foreign equity. China’s investment in Mongolia reached USD 108 million, of which 68percent comes from the mining sector, and 21 percent from trade andthe food sector.
Published Date:2022-08-21
