He then made an appeal to the young progressives -- the most difficult group for him to win over -- by saying he heard their voices against inequity and injustice that exist in economic, racial and environmental spheres. He vowed to "restore the promise of America to everyone."
He said vehicle development is on track - the first model is expected to be unveiled later this year and mass production should begin in late 2020.
He stressed the importance of education for the next generation on sense of national identity, correct conception of history, love for the nation and correct values.
He urged solid efforts to focus on basic research and applied basic research and to revitalize innovation capacity through bolder reforms.
He said the above steps will gradually help realize that individuals and businesses will be able to "accomplish required procedures and find necessary information by simply logging onto the government website".
He warned that if the countries failed to make joint efforts to cope with common threats, the whole world will sink.
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He said the new initiative follows a "Voice of the Farmer" national TV ad campaign in March when the organization placed 30-second slots on cable news channels including Fox, CNN and MSNBC, calling on US President Donald Trump to protect the free trade policies American farmers depend on.
He took advantage of his power and influence to seek benefits for others, and accepted a "huge amount" of money and gifts in return. He was found to have sought substantial benefits for his relatives' businesses and accepted valuable gifts.
He said two major challenges for the country are its aging population and the environment.
He was sentenced to 15 years in prison for intentional homicide by the Hulunbuir Intermediate People's Court in 1993. Citing severe health problems, Batmenkh didn't go to prison after the judgment took effect and returned home, according to the report.