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In July 2009, China approved pilot program for cross-border trade settlement in RMB, embarking on the internationalization process of the Chinese currency.
During the visit of Mongolian President Tsakhiagiin Elbegdorj to China in November 2015, the two countries issued a statement in which both sides said they would actively promote signing a treaty on aligning China's Belt-Road initiative with Mongolia's Steppe Road plan.
Li made the statement when addressing a welcoming dinner party organized by the Economic Club of New York, the National Committee on U.S.-China Relations, and the U.S.-China Business Council.
He also announced that China's donation to the Global Fund to Fight AIDS, Tuberculosis and Malaria will reach 18 million U.S. dollars in next three years.
Zhang said the economic and trade cooperation, infrastructure construction and production capacity are priorities for the next stage of bilateral cooperation.