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4th China-Mongolia Expo promotes economic cooperation under Belt and Road Initiative www.news.cgtn.com

The fourth China-Mongolia Expo has opened in Hohhot, the capital city of Inner Mongolia. The event fosters economic, cultural and trade exchanges between the two countries, and plays an important role in promoting the Belt and Road Initiative. Yang Shanshan reports.
Featuring beautiful Mongolian music and dance, the China-Mongolia Expo opens its doors this year under the theme "New pattern for opening up, New opportunities for development." Over 3-thousand companies from thirty-five countries and regions are participating in the expo, with over ten trade and investment fairs, forums and seminars taking place until it wraps up Sunday.
GUO ZHOUMING, Deputy Director-General of Department of Commerce, Inner Mongolia "Opening up is the hallmark of contemporary China. The 20th CPC National Congress stressed that China will fully and faithfully promote high-standard opening up, and accelerate efforts to foster a new pattern of development that features positive interplay between domestic and international economic flows. The central government is pursuing greater regional opening up, especially in the central, western, and northeastern regions. This is a brand new historical opportunity for Inner Mongolia's opening up to the outside world."
With Inner Mongolia expected to play a pivotal role in northern China's drive to further open up its economy, helping connect the Belt and Road Initiative to neighboring countries, international investors have flocked to join the fair.
KHAYANGAA BOLORCHULUUN, Mongolian Minister of Food, Agriculture and Light Industry "The trade cooperation between our two countries already reached up to 10-billion US dollars by 2021. By 2027, we're aiming to reach 20-billion US dollars. This is very important to us. The two governments will work together to ease trade and business barriers to promote cooperation between our two countries."
A diverse range of exhibitions are expected over the coming days, spanning green agricultural products, natural resources, clean energy, tourism, technology and more.
YANG SHANSHAN, Hohhot, Inner Mongolia "The fourth China Mongolia Expo aims to enhance trade cooperation between the two countries. It also presents an important platform for economic and trade cooperation and people to people exchanges in the wider Northeast Asia Region. Yang Shanshan, CGTN, Inner Mongolia."


Published Date:2023-09-07