On February 24, 2011, Mongolian President Elbegdorj Tsakhia met with visiting Chinese Foreign Minister Yang Jiechi.

Yang said President Elbegdorj Tsakhia, as an old friend of the Chinese people, has been committed to developing relations with China and has made important contributions to bilateral ties. China and Mongolia are important neighbors and both peoples share a long history of friendly exchanges. Developing long-time friendly, mutually beneficial and cooperative ties with Mongolia is an important part of China's foreign policies toward neighbors, and is also China's unchangeable policy, Yang said. The Chinese side spoke highly of Mongolia for taking the friendly cooperation with China as one of the primary guiding principles of its foreign policies. China is willing to make joint efforts with Mongolia to keep high-level exchanges, deepen economic and trade cooperation especially on big programs, expand humanities exchanges and maintain coordination and cooperation in international and regional affairs, so as to push bilateral ties onto a new level and further benefit the two countries and peoples, Yang said.

Elbegdorj, for his part, said he paid a state visit to China last year at the invitation of President Hu Jintao, and Premier Wen Jiabao also successfully visited Mongolia. These high-level exchanges have pushed forward bilateral ties. Developing friendly ties with China is one of the priorities of Mongolia's foreign policies. He said China is Mongolia's biggest trade partner and investment source country, adding that bilateral ties have a solid foundation, huge potential and bright prospects. He also expressed the hope that the two countries will strengthen communications and coordination, positively push forward pragmatic cooperation in various fields especially on large projects, and lift bilateral ties to a new high.