Mongolian companies are busy introducing their cashmere products at an ongoing annual international trade fair in north China’s Tianjin Municipality.

The China Tianjin International Fair for Investment and Trade, an annual event since 1994,opened last Friday. It is highlighting cooperation among Belt and Road countries this year.

China has been Mongolia’s biggest trade partner for more than ten consecutive years with bilateral trade up 44.2 percent year on year to reach 3.1 billion U.S. dollars in the first half of 2017. More and more traders from Mongolia are seeking business opportunities in China.

In recent years, economic cooperation and cultural exchange between China and Mongolia have been improved. The two countries are building the China-Mongolia-Russia Economic Corridor, and activities such as the China-Mongolia Expo have been held.

The fair will last five days. This year, the Mongolian National Chamber of Commerce has sent 11 companies and individuals to the fair, mostly bringing cashmere and leather products to show perspective clients.