Wang Wentao: promoting the High-level Development of Sino-Indonesian Economic and Trade Relations

Published: Apr 08, 2021 20:24 (GMT+8)

[Wang Wentao: promoting the High-level Development of Sino-Indonesian Economic and Trade Relations] on the morning of April 8, Minister of Commerce Wang Wentao held a video conference with Indonesian Minister of Trade Rutefei to exchange views on further deepening Sino-Indonesian economic and trade relations and reached broad consensus.

Wang Wentao said that China attaches great importance to economic and trade relations with Indonesia. Since 2020, under the strategic guidance of President President Xi Jinping and President Joko, trade and investment cooperation between China and Indonesia has bucked the trend and achieved gratifying results. This year marks the 100th anniversary of the founding of the Communist Party of China and the opening year of the 14th five-year Plan for China's economic and social development. China is speeding up the construction of a new development pattern with the domestic great cycle as the main body and the domestic and international double cycles promoting each other, and promoting reform and opening up at a higher starting point, which will provide broader markets and development opportunities for all countries in the world, including Indonesia.

Wang Wentao pointed out that China is willing to further strengthen cooperation with Indonesia, jointly implement the important consensus reached by the leaders of the two countries in the field of economy and trade, and promote an in-depth docking between the "Belt and Road Initiative" initiative and Indonesia's concept of a "global maritime fulcrum". We will promote high-level development of bilateral economic and trade relations. The two sides should give full play to the role of mechanisms such as the working Group on the smooth flow of Trade between China and Indonesia, actively promote the resolution of mutual concerns in the field of trade and promote trade and investment facilitation. China supports powerful and reputable Chinese enterprises to expand investment in Indonesia, support Chinese enterprises to import Indonesia's advantageous products, and welcome Indonesia to continue to participate in the fourth Expo.

Rutefi said that with the joint efforts of both sides, the economic and trade cooperation between China and Indonesia in recent years.

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