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China is Mongolia's largest trade partner and a major foreign investor. Bilateral trade grew 36 percent to reach 6.7 billion U.S. dollars in 2017, accounting for 63 percent of Mongolia's total trade. The two sides have upped the ante, raising the target to 10 billion dollars by 2020.
China is set to become the world's largest payment market by 2020, according to research firm Global Data Plc.
China has taken measures to further reduce unnecessary restrictions and improve the policy framework on the cross-border use of the currency, including launching crude oil futures in Shanghai, easing restrictions on QFII and RQFII programs for foreign institutional investors.
China is counting on entrepreneurship and innovation to stimulate the economy against the backdrop of slowing growth. A number of measures have been rolled out, including reduced red tape, tax breaks and other policy support.
China is already a significant market for us and will continue to be important. In particular, we see the potential of stronger partnerships with our local clients who are looking to develop their consumer base both locally and globally.
来源：资阳报