April 17th, 2017

(From ln.ifeng.com) On the morning of April 11, 2017, the Mongolia-China investment conference on construction and urban development was held at the Embassy of Mongolia in Beijing, China. The conference was hosted by the Embassy of Mongolia in China and supported by the Asia Pacific Exchange & Cooperation Foundation.

Over 200 people attended this conference, including Mr. G. Munkhbayar, Minister of Construction and Urban Development of Mongolia, Mr. Tserenjigmed Dagvadorj, CEO of the Mongolian conglomerate Max Group, officials from the foreign affairs department of the Ministry of Housing and Urban-Rural Construction of the People's Republic of China, China International Contractors Association, China CAMC Engineering Co., Ltd, China National Electric Engineering Co., Ltd., government officials and industrialists from China and Mongolia and people from all walks of life. Mr. Xiao Wunan, Executive Vice Chairman of APECF, was invited to attend the conference as a special guest, exchanging views with Mr. G. Munkhbayar, Minister of Construction and Urban Development of Mongolia. They reached broad consensuses. Mongolia is the starting point of China’s “One Belt, One Road” initiative. In recent years, bilateral political relations between China and Mongolia have been promoted to the level of "comprehensive strategic partnership". Mongolian Prime Minister Jargaltulgyn Erdenebat will visit China in May 2015 and discuss the promotion of China’s “One Belt, One Road” initiative, the development of Mongolia and introduce an important strategic step -- “Passage to Grassland” initiative and the Sino Mongolian economic corridor proposed by Chinese President Xi jinping in 2014 -- that will become a major part of the Silk Road Economic Belt, which includes cooperation in economic, trade, energy, infrastructure, finance, climate change, radio and television, and other fields. These will play an important role in promoting prosperity and stability in Northeast Asia.

APECF has promoted China’s “One Belt, One Road” initiative for a long time. As early as 2011, APECF implemented the grand plan of “Lumbini Recovery Plan” in Nepal, which has became a pearl in the construction of China’s “One Belt, One Road” initiative. In 2015, APECF entered into strategic cooperation with COMESA (Common Market of Eastern and Southern Africa), which is the most influential economic organization in Africa, to promote Chinese enterprises venturing into Africa. Prior to this, the construction project of Djibouti promoted by APECF also became an important achievement in the strategy of “One Belt, One Road” initiative. During the conference, APECF invited China Shipbuilding Industry Corporation, China Metallurgical Group Corporation, China Railway Construction Corporation Limited and other large state-owned enterprises, and executives of Hengyun International Holdings Group, Shuguang Holdings Group and other well-known enterprises to participate. They expressed great interest in the future prospects and opportunities of Mongolia, and expressed their willingness to penetrate the Mongolian market, which has become a new contribution of APECF to the construction of the “One Belt, One Road” initiative this year. During the conference, a preview of Mongolian cultural relics Expo during the Yuan Dynasty was held at the Embassy of the Mongolia in China. One of the organizers of this preview is Mr. Sangjie, Chairman of Sangjie Culture Development Group. He said a grand opening ceremony for this expo will be held in Mongolia this October and suggested that Sangjie Culture Development Group and APECF jointly hold a number of large-scale cultural exchange events in Mongolia and establish a cultural dialogue platform and exchange mechanism to bring the people of China and Mongolia closer in cultural and historical aspects.

We believe that through political, economic and cultural promotion to promote closer ties between the peoples of China and Mongolia at all levels to make Mongolia a benchmark of the “One Belt, One Road” initiative will certainly add splendor to China’s “One Belt, One Road” initiative.