The Study of Mutual Benefits and Potential in China-Mongolia Agricultural Trade
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Keywords

Agricultural trade
Mutuality
Potential
Agricultural technology

DOI

10.26689/pbes.v7i3.7488

Submitted : 2024-06-10
Accepted : 2024-06-25
Published : 2024-07-10

Abstract

This article aims to explore the mutual benefits and potential of agricultural trade between China and Mongolia, analyzing the current situation of agricultural resources, trade history, and policy environment of the two countries. The study finds that China-Mongolia agricultural trade shows significant economic complementarity. Trade activities not only promote economic growth in both countries but also deepen social and cultural exchanges. However, technical standards, political risks, and logistics costs remain major challenges facing trade cooperation. By strengthening policy coordination, investing in agricultural technology and infrastructure, and expanding the variety and markets of trade, the potential for cooperation in China-Mongolia agricultural trade can be further enhanced. These measures will help improve the efficiency and benefits of bilateral trade, achieving a win-win development.

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