Chinese Ambassador: China, Indonesia expanding cooperation

CNC
Added On October 22, 2019

 In an exclusive interview with CNC, the Chinese Ambassador to Indonesia said China and Indonesia's comprehensive strategic partnership is propelling bilateral ties into "the best time in history."

 
Speaking in an interview ahead of Chinese Vice President Wang Qishan's visit to Indonesia, the Chinese Ambassador to Indonesia, Xiao Qian, said High-level visits and exchanges between the two countries' leaders and senior government officials have been frequent over the past six years.
 
The two governments officially signed an MoU for cooperation under the Belt and Road Initiative and the Global Maritime Fulcrum last October, signalling a new phase of synergy between the two countries' development strategies.
 
Xiao said China and Indonesia have also started discussing industrialization cooperation, which is expected to become a new focus of synergy between the two countries' respective development strategies.
 
Trade between the two Asian powerhouses was valued at 77.4 billion U.S. dollars last year. China has been Indonesia's largest trading partner for eight consecutive years and is also Indonesia's third largest source of foreign investment.