William Wu, CEO attends China-Mongolia Trade & Economic Forum

As part of the Official Visit, Prime Minister L. Oyun-Erdene attended the “Mongolia-China Trade and Economic Cooperation” Forum, which was jointly organized by the Mongolian National Chamber of Commerce and Industry and the China Council for the Promotion of International Trade in Beijing, and delivered the opening remarks.

CHEN JIAN'AN Vice Chairman, China Council for the Promotion of International Trade: "Mongolian companies long for lower tariffs in China in order to promote more products in China. Chinese companies are looking forward to importing more agricultural, husbandry and mineral products from Mongolia. With Mongolia's accession to the Asia-Pacific Trade Agreement in September 2020, it will further deepen bilateral economic and trade cooperation towards a more free and fast trade."

William Wu, CEO from TOKO Technology (Wuxi) Co., Ltd received the Global Times' interview at the sidelines of the forum. TOKO is a leading manufacturer and global supplier of welding consumables, its production is export to about 30 countries. Wu told Global Times: "These events will effectively support exports and promote economic and trade cooperation under the pressure of the global economic downturn."

According to the President of the Mongolian National Chamber of Commerce O. Amartuvshin, about 25 cooperation agreements, totaling three billion yuan, were signed during the “Mongolia-China Trade and Economic Cooperation” Forum. In this Forum, over 500 entrepreneurs from Mongolia and China participated. (Chi Jingyi/Global Times)