ULAN BATOR, Dec. 29 -- The Mongolian government decided Saturday to host a series of cultural events in 2014 to celebrate the 65th anniversary of diplomatic ties with China.

The celebration will include activities such as Chinese and Mongolian cultural days, youth sports matches and TV programs featuring the memoirs of former ambassadors of the two countries.

Investment forums and round table discussions involving scholars of the two countries will also be held.

The celebration will be headed by Deputy Prime Minister Dendev Terbishdagva, and will run throughout the year.

China and Mongolia established diplomatic relations on Oct. 16, 1949, and China is currently Mongolia's largest trade partner and investor.

The two countries have also witnessed a rise in cultural exchanges. Currently, about 8,000 Mongolian students study in China.