Abstract

 
 
 The development of trade between China and Mongolia should be based on complementary product trade. On this basis, products with trade potential should be continuously explored to expand the scale and structure of China- Mongolian trade and promote the continuous development of bilateral trade. This paper analyzes the current situation of economic and trade cooperation and trade complementarity between China and Mongolia, and concludes that China and Mongolia have different comparative advantages in export products. Mongolia's export is highly integrated with China's trade, and the two countries are highly complementary in trade.
 
 
Highlights
Mongolia has abundant natural resources and great potential market
The connection between the "One Belt and One Road" and the "Road to the Grasslands" proves that China and Mongolia economic and trade cooperation has reached a new stage of development, and trade and investment between the two countries are growing steadily
Through the calculation and analysis of the trade competitiveness and complementarity between China and Mongolia, it is found that the trade competitiveness between China and Mongolia is weak, while the trade potential between China and Mongolia is great
Summary
Mongolia has abundant natural resources and great potential market. It is the source of mineral resources and an important industrial product market in China. This indicates that China and Mongolia have weak export trade competition and incomparable complementary advantages in product structure.
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