Ulaanbaatar
Northeastern Chinese Companies Seeking Cooperation Opportunities in Mongolia
Economy
Ulaanbaatar,
July 24, 2023 /MONTSAME/. A large group of representatives of Yantai city
administration and business communities of Shandong province of China has
arrived in our country.
The group includes representatives of the
province and city's construction, housing, urban development, space technology,
software, electronic systems, peanut processing, mining, and renewable energy
sectors, as well as representatives of the party committee and traders'
association.
The Mongolia-China Joint Business and Investment Meeting was held at the Mongolian National Chamber of Commerce and Industry today.
President of the Mongolian National Chamber
of Commerce and Industry O. Amartuvshin said “I am glad that companies in the
fields that Mongolians are interested, such as construction,
housing, urban improvement, space technology, software, electronic systems,
peanut processing, mining, and renewable energy, are included in this business
group. I hope that this visit will pave the way for business cooperation
between the two countries to be further developed in many new areas.” in his opening
remarks.
Noting the fact that Yantai is a pioneering city for
green and low-carbon development in Shandong, it has been making efforts to
promote the growth of the clean energy industry in recent years, Hu Weining,
Deputy Director of the United Front Work Department of the Yantai Municipal
Party Committee, highlighted that there is plenty of room for entrepreneurs
from the two countries to maintain mutually beneficial cooperation. This can be
achieved by leveraging Yantai city’s advantages, such as its location as a port
city and its developing stock market.
This year's group of Chinese businesses includes more than 10 companies, such as "Global" Machinery and Equipment Company of Yantai City, Shandong "Ronghua" Food Group, Yantai Construction Group, Science and Technology Innovation Society, “Chuanghui Electronics” Co.,Ltd, “Fenlin”, and “Aile Industry” Co.,LTD for medical equipment.
