Mongolian President Ukhnaa Khurelsukh (right) meets with visiting Chinese Foreign Minister Wang Yi in Ulan Bator on Saturday. BOLORTSETSEG/XINHUA

China and Mongolia have reiterated their commitment to be good neighbors and partners who trust and support each other, vowing to further develop mutually beneficial economic ties.

The pledge was made during Foreign Minister Wang Yi's three-day visit to Mongolia, to be wrapped up on Monday.

During a meeting with Mongolian President Ukhnaa Khurelsukh in Ulan Bator on Saturday, Wang said China has always put China-Mongolia relations at an important place in its neighborhood diplomacy.

China has both the will and capability to be a neighbor that Mongolia can rely on, a trustworthy friend, and a partner in accelerating its development, he said.