Chinese Premier Li Keqiang (1st left) and Mongolian Prime Minister Jargaltulga Erdenebat (1st right) hold a meeting at the Mongolian Government Palace in the capital Ulaanbaatar, on July 14, 2016. [Photo provided to chinadaily.com.cn]

Premier Li Keqiang and Mongolian Prime Minister Jargaltulga Erdenebat held a meeting at the Mongolian Government Palace in the capital Ulaanbaatar on Thursday.

The two countries' economies are highly complementary, said Premier Li, adding that China hopes to start a feasibility study soon of a free trade agreement, working with Mongolia to promote cross-border economic cooperation zones and infrastructure construction, strengthen interconnection and border crossing transport, and explore cooperation on intensive animal husbandry and deep processing of animal by-products.