Chinese Minister Wang Yi said Monday that China appreciates Mongolia’s reiteration that it will firmly adhere to the One China Policy, and its respect for China’s core interest and major concerns on issues related to Tibet, Xinjiang and Taiwan.

Wang made the remarks during talks with visiting Mongolian Foreign Minister Damdin Tsogtbaatar.

"The Mongolian side's declaration is very important. It has increased the two sides' mutual trust," Wang said, emphasizing that trust was a key factor to ensuring healthy and stable China-Mongolia relations.

Wang said China and Mongolia are friendly neighbors. He added “the new Mongolian government has sent a clear message to the Chinese side on maintaining mutual trust and properly handling sensitive issues, and the country has expressed a strong desire to deepen cooperation with China."

Tsogtbaatar said Mongolia "firmly adheres to the One China Policy and maintains Tibet and Taiwan are inalienable parts of the Chinese territory. Mongolia is willing to promote the comprehensive strategic partnership between the two countries to a new high on the basis of respecting each other's independence, sovereignty, territorial integrity and core interests."

Tsogtbaatar said the 19th National Congress of the Communist Party of China had "outlined a blueprint for China's future development and set the goal to promote the building of a community with a shared future for mankind, as well as making an important contribution to world development that would bring opportunities to neighboring countries."

Wang said China welcomes Mongolia's attitude and believed bilateral ties would continue in the right direction.

He said China would respect Mongolia's independence, sovereignty, and territorial integrity and will respect the Mongolian people's choice of development based on their country’s conditions.

In a joint press conference, the two leaders called for continuing high-level meetings and more exchanges in culture, education, technology, tourism, economic cooperation and trade. They said they would convene the first meeting of a joint committee on China-Mongolia people-to-people exchanges as soon as possible.

The leaders also agreed to coordinate in the Belt and Road Initiative, as well as in Mongolia's Prairie Road development initiative. The two countries said they will coordinate in the establishment of a cross-border economic cooperation zone and will begin feasibility research for a China-Mongolia free trade agreement. Both leaders have agreed to push forward with the construction of the China-Mongolia-Russia economic corridor.

Wang added that China will continue to support the Mongolian side to overcome economic difficulties with free assistance and loans programs.