Xin
Yuan Ming, head of the political council of the port city of Tianjin in China,
is leading a team of more than 40 political and business officials now in
Ulaanbaatar. The two cities became ‘sisters’ in 1992.  Mongolia now has an Ulaanbaatar
Representative office in Tianjin.

In their meeting with city officials, the visitors have been stressing the need
and their willingness to strengthen economic cooperation. The Government of
China has a special development policy for Tianjin, which should help Mongolia
when it begins exporting the coal from Tavan Tolgoi. Tianjin is the seaport
nearest Mongolia. Xin noted that Mongolian goods worth USD90 million have been
exported through Tianjin in the first five months of the year.

The Chinese have offered to invest in Mongolia, especially in Ulaanbaatar,
mainly in processing units involving modern technology.