Core Insights - The meeting between the leaders of China, Russia, and Mongolia highlights the steady development and tangible results of trilateral cooperation, with a focus on high-quality development of the China-Mongolia-Russia Economic Corridor [1] Trade and Economic Cooperation - Bilateral and multilateral trade between China, Russia, and Mongolia has shown significant growth, with China-Russia trade increasing from $69.5 billion in 2016 to $244.8 billion in 2024, an annual growth rate of 17.0% [1] - In 2024, China-Mongolia trade is projected to reach $18.62 billion, a year-on-year increase of 10.1%, surpassing the overall growth rate of China's foreign trade by 5 percentage points [1] - China remains the largest trading partner for both Russia and Mongolia, with trade accounting for over 30% of Russia's total foreign trade and nearly 70% of Mongolia's total foreign trade [1] Investment Trends - Chinese investment in Russia remains stable at over $10 billion, covering traditional sectors such as mining, agriculture, and manufacturing, with notable growth in research and technology services [2] - In Mongolia, Chinese foreign investment stock reached $5.44 billion, representing 16.3% of the total foreign investment in the country, primarily concentrated in the mining sector [2] Infrastructure Development - The China-Mongolia-Russia Economic Corridor has made significant progress in infrastructure connectivity, with national-level ports along the corridor accounting for about one-third of the total in the country [2] - By 2024, the cargo volume at key ports like Manzhouli and Erenhot is expected to exceed 45 million tons, with over 7,700 trains operating on the China-Europe Railway Express [2] Open Platforms and Future Prospects - Various open platforms are being established to enhance cooperation, including the China-Mongolia Erenhot-Zamyn-Uud Economic Cooperation Zone and multiple customs special supervision areas [3] - The potential for cooperation in infrastructure, energy development, modern agriculture, cross-border tourism, and digital economy is significant, with a call for deeper strategic alignment and policy communication among the three countries [3]