Three Chinese and seven Mongolian banks reached 11 cooperation agreements and memorandums at the China-Mongolia Financial Cooperation and Development Forum on Oct 23.
This forum is an activity of the first China-Mongolia Expo beginning on Oct 23 in Hohhot, Inner Mongolia autonomous region. Attendees, including presidents of Chinese and Mongolian banks and heads of financial organizations, were on hand to explore financial cooperation and the mutual development of both economies.
A Mongolia-oriented cross-border RMB business center of the Agricultural Bank of China was established at the forum.
Chinese and Mongolian representatives sign memorandum at the China-Mongolia Financial Cooperation and Development Forum on Oct 23. [Photo/nmg.gov.cn] |
Yun Guangzhong (right), vice-chairman of Inner Mongolia and Wang Wei, vice-president of the Agricultural Bank of China unveil a Mongoli-oriented cross-border RMB business center at the forum on Oct 23. [Photo/nmg.gov.cn] |