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China, Mongolia vow to deepen ties, expand cooperation

China

China

China

China, Mongolia vow to deepen ties, expand cooperation

2024-09-08 21:17 Last Updated At:21:37

China is willing to deepen bilateral ties and expand cooperation with Mongolia, Chinese Vice President Han Zheng said on Saturday in Ulan Bator, Mongolia.

Han met separately with Mongolian Prime Minister Luvsannamsrai Oyun-Erdene, President Ukhnaa Khurelsukh, and Parliament Speaker Dashzegve Amarbayasgalan during his visit to the country from Friday to Sunday.

When meeting with Oyun-Erdene, Han expressed the hope that China and Mongolia will continue to consolidate political trust, expand mutually beneficial cooperation and promote mutual understanding among the people.

Han called for cooperation in energy, connectivity and infrastructure construction, as well as consultation and coordination in international and regional affairs between the two countries.

China welcomes Mongolia's designation of 2023-2025 as the "Years to Visit Mongolia," and stands ready to strengthen exchanges with Mongolia's youth, students and media, he said.

The Chinese vice president also hoped for deepening cooperation among China, Mongolia and Russia, calling for speeding up the construction of the China-Mongolia-Russia Economic Corridor.

China and Mongolia should also maintain close communication and coordination in international and regional affairs, Han said.

Oyun-Erdene said the Mongolian side greatly values the important consensus reached by the two countries' leaders on accelerating the development of bilateral friendly and cooperative relations during their high-level exchanges last year.

He said Mongolia is willing to work with China to push forward bilateral relations in a new era in the spirit of mutual respect, peaceful coexistence and common development.

During his meeting with Khurelsukh, Han stressed that China and Mongolia are good neighbors, good friends and good partners.

China has always placed its relations with Mongolia at an important position in its neighborhood diplomacy, Han said, adding that the two sides have firmly supported each other on issues concerning each other's core interests and major concerns, he said.

He expressed hope that the two sides will take the building of a China-Mongolia community with a shared future as the guide and push forward bilateral ties to a higher level.

Khurelsukh said Mongolia attaches great importance to developing the comprehensive strategic partnership with China, firmly adheres to the one-China policy and is willing to work with China to build a Mongolia-China community with a shared future to benefit the people of the two countries and the region at large.

At the meeting with Amarbayasgalan, the Chinese vice president said China appreciates that Mongolia takes developing friendly and cooperative relations with China as a key priority in its foreign policy, supports legislatures and political parties of the two countries in strengthening exchanges and cooperation, and hopes that Mongolia's State Great Hural will continue to play an important role in promoting the steady and long-term development of China-Mongolia relations.

Amarbayasgalan said it is Mongolia's strategic choice and consensus to maintain and strengthen friendly and cooperative relations of mutual benefit with China.

The Mongolian State Great Hural and all political parties look forward to further expanding exchanges and cooperation with China, learning from each other and helping expand and deepen cooperation, said the speaker.

China, Mongolia vow to deepen ties, expand cooperation

China, Mongolia vow to deepen ties, expand cooperation

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Beijing consumer gold market remains hot despite rising prices

2024-09-17 04:15 Last Updated At:07:27

Beijing's consumer gold market has been running hot during the Mid-Autumn Festival holiday, despite recent rises in the gold price on international markets.

Last week, the main contract for gold futures on the New York Mercantile Exchange (COMEX) has risen to over 2,600 U.S. dollars per ounce.

At a gold shop in Beijing's Xicheng District, the price of pure gold jewelry went up to about 737 yuan (about 104 U.S. dollars) per gram, but many shoppers are still looking to buy gold jewelry especially during the Mid-Autumn Festival holiday and the end-of-summer wedding season.

"It is now more than 700 yuan (about 98.7 U.S. dollars) per gram, but when we were here about two months ago, it was only just above 600 yuan (about 84.6 U.S. dollars) per gram," said a customer.

"I'm getting married, so I came to have a look. Even if the price goes up, we still have to buy it," said another customer.

"I had nothing to do during the holidays, so I came here to take a look [at the gold jewelry]. I just bought a lucky charm bead and now I want to take a look at the bracelet," said another customer.

At the shop's gold investment counter, many consumers have been making inquiries about gold bars, which has long been considered a safe investment, although experts recommend caution in the rising gold market.

At the shop's gold investment counter, many consumers have been inquiring about gold bars, which have long been considered a safe investment. However, experts recommend caution in the rising gold market.

"Many investors will buy gold bars for medium- to long-term investment based on their expected price as part of their overall family asset allocation. We suggest that investors be more rational in their decisions," said Li Yang, a senior gold investment analyst.

Beijing consumer gold market remains hot despite rising prices

Beijing consumer gold market remains hot despite rising prices

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