Chinese Premier Wen Jiabao”s 
two-day visit to Mongolia beginning 
tomorrow will help take forward bilateral good-neighborly relations
based on mutual trust, Chinese Ambassador to Mongolia Yu Hongyao has told
Xinhua news agency.  The visit is the
first by a Chinese premier in 16 years and also the first by Wen as premier.

It is expected to strengthen the mutual understanding and trust between the two
peoples, as well as bilateral exchanges and cooperation in various fields.  Wen will hold talks with his counterpart
S.  Batbold,  and meet President Ts. Elbegdorj  and Parliament Speaker D.  Demberel  to exchange views on bilateral relations as
well as international and regional issues of common concern.

A number of trade and economic cooperation agreements will be signed.
Ambassador Yu said that in recent years, thanks to the joint efforts of both
countries, ties have developed continuously, with mutual political trust being
deepened, trade and economic cooperation widened, and people-to-people and
cultural exchanges increased.

The Chinese government attaches importance to developing
ties with Mongolia, and highly respects Mongolia”s independence and sovereignty,
and firmly supports the development path chosen by the Mongolian people, the
ambassador said.  China appreciates the
fact that Mongolia views its ties with China as one of its diplomatic
priorities, strongly supports China on issues concerning its core interests,
and abides by the one-China policy on the Taiwan and Tibet issues, he said.

Bilateral trade rose to USD2.438 billion in 2008 from USD243
million in 1998. After experiencing a decline in 2009 due to the global
financial crisis, it is on the rise again this year.

Ambassador Yu said both countries have got tangible benefits from bilateral
trade.  Chinese commodities have enriched
the Mongolian market, while Mongolia”s natural resources exported to China have
supported China”s economic development.