China's leading science park and incubator developer Tus-Holdings signed a strategic cooperation agreement in 2015 with the Mongolian University of Science and Technology to work together to conduct a feasibility study on building a business incubator in the university.

Chen Hongbo (R) and Mongolian President Tsakhiagiin Elbegdorj pose for a photo. 

The cooperation also saw Tus-holdings Executive Vice President Chen Hongbo invited to become a member of the expert committee of the Mongolian National Information and Communication Technology Park.