The China-proposed Belt-Road Initiative, which is highly consistent with Mongolia's Steppe Road program, will guide the win-win cooperation between the two countries.

The Steppe Road program is designed to boost the Mongolian economy through transborder transportation. It includes infrastructure improvement, such as a new highway to link Russia and China, an electric railway extension of the existing Mongolian railway system and the building of an oil and gas pipeline through Mongolian territory linking Russia and China.