China, Russia and Mongolia aim to boost cross-border tourism in a joint effort to increase economic influx for all three countries
No less than ten cooperation agreements have been signed on Friday, to expand cross-border tourism and trade between China, Russia and Mongolia, and consequently the countries' economies.
The projects worth a total of 1.4 billion yuan (220 million U.S. dollars) and were agreed on by the countries' government authorities and entrepreneurs during the first China-Mongolia Expo in the city of Hohhot, capital of north China's Inner Mongolia Autonomous Region, according to the Xinhua News Agency report.
The new convention between the three countries promotes cross-border tourism and aims to develop the construction of new hotels and resorts, as well as training specialized tourism industry personnel. The trilateral initiative also involves developing an increased connectivity of popular tourism route which links cities like Hohhot, Ulaan Baatar, Ulan-Ude and Irkutsk.
"Cross-border tourism is an important part and platform of the China-Mongolia-Russia economic corridor”, as Wei Guonan, head of the Inner Mongolia Tourism Administration declared about the new project.
According to statistic data of the government institution, in 2014, Inner Mongolia welcomed a total of 810,000 tourists from Mongolia and 630,000 tourists from Russia.