On the morning of June 5, 2003, President Hu Jintao met with Mongolian Prime Minister Nambaryn Enkhbayar at the hotel hu stayed. They held cordial talks on the further development of the friendly relations and cooperation between China and Mongolia.

Hu said that maintaining long-term friendship and strengthening mutually beneficial cooperation between the two countries served the fundamental interests of the two peoples and would benefit peace, stability and development in the region. He said that China respected Mongolia's independence, sovereignty and territorial integrity and respected the Mongolian people's choice of their own path of development. Hu said China was ready to work together with Mongolia to boost and enrich the China-Mongolia partnership of good-neighborliness and mutual trust for the benefit of the two peoples.

On bilateral economic and trade ties, Hu said the development of infrastructure and the tapping of natural resources would be two key areas for China to develop future cooperation with Mongolia. He expressed the hope that relevant departments of the two countries would gradually and substantially push forward bilateral economic and trade cooperation by thorough discussions and concrete measures, while developing their advantages, avoiding their weaknesses.  

Enkhbayar described President Hu's state visit to Mongolia as historic in that it established bilateral relations as good-neighborly partnership based on mutual trust and promoted bilateral trade and economic cooperation. He said that the Mongolian side attached importance to developing cooperation with China in tapping the natural resources and developing infrastructure, and was ready to strengthen exchanges in the fields of education, the humanities and party exchanges.