China, Indonesia discuss economic cooperation

Beijing – High-ranking officials from China and Indonesia held a high-level meeting in Beijing Monday to promote bilateral economic cooperation.

Chinese State Councilor Yang Jiechi and Indonesian Coordinating Minister for Economy Sofyan Djalil co-chaired the first meeting of China-Indonesia High-level Economic Dialogue.

Hailing significant results of bilateral cooperation in recent years, both sides agreed that there is an extensive strategic fit between President Xi Jinping’s initiative of the 21st Century Maritime Silk Road and President Joko Widodo’s proposal to build Indonesia a maritime power.

The initiative and proposal provide a broad space for the two sides to deepen pragmatic cooperation in various fields and promote the comprehensive strategic partnership.

Yang called on both sides to further expand scale of the two-way trade, better cooperation in major infrastructure, electric power and other areas so as to push forward bilateral cooperation in a win-win way.

Sofyan Djalil said Indonesia is ready to promote bilateral cooperation in investment, trade, infrastructure, special economic zone and other fields.

After the meeting, officials signed a letter of intent for cooperation on the power plant.  Source: Xinhua

 Photo: Chinese State Councilor Yang Jiechi (r) and Indonesian Coordinating Minister for Economy, Sofyan Djalil