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For the development of cooperation with Russia and Mongolia, China will create a special economic zone.
The State Council of the People's Republic of China approved the project of creating an experimental open economic development zone in the city of Erlian. The city is located along the state border for 72,3 km and is the largest checkpoint with Mongolia.
The authorities expect that the special zone will help the development of trade and cooperation of China with Mongolia and Russia, reports ChinaPRO.
As a result of 2013, the foreign trade through Erlian reached 13,06 million tons, in financial terms, the volume of trade amounted to $ 3,65 billion.