China, Indonesia pledge for further economic cooperation

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China and Indonesia on Tuesday pledged further economic cooperation in areas including trade, investment and infrastructure.

Chinese Premier Li Keqiang and Indonesian Coordinating Minister for the Economy Sofyan Djalil met in Beijing for the first High-level Economic Dialogue bilateral meeting.

Cooperation will be conducive to development in both countries and peace and stability in East Asia.

China and Indonesia, both emerging economies with large populations, committed to maintain strategic mutual trust, increase high-level dialogue and strengthen reciprocal cooperation, Li said.

He said China’s 21st Century Maritime Silk Road initiative and Indonesia’s development strategy fitted together.

China is ready to help Indonesia build factories and production lines, which will promote bilateral infrastructure cooperation and Indonesia’s industrialization process, the premier said.

Sofyan said Indonesia’s new government attached high importance to relations with China, and welcomed Chinese investment.

Indonesia was confident that China’s equipment and technology would help Indonesia’s development, the minister said.

The first meeting of China-Indonesia High-level Economic Dialogue was held in Beijing on Monday. Chinese State Councilor Yang Jiechi and Sofyan co-chaired the meeting.

After the meeting, the two sides signed the minutes of the meeting and a letter of intent for cooperation on a power plant.

 

 

Source : China Daily | January 28, 2015

Thomas D’Innocenzi

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About thomasdinnocenzi

Thomas D’Innocenzi is a highly accomplished, results-focused international consultant with extensive experience in global sourcing and business development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global marketing and sourcing operations. He has extensive experience in international business development to accommodate rapid growth. Skilled in building top-performing teams, bench-marking performance, and developing organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. Tom founded Nova Advisors with the mission of providing expert Global Business Development consulting services for companies seeking to expand their market share as an independent consultant. Tom has a network of experts and advisors throughout the Asia-Pacific region and North America. His expertise includes business development, global sourcing, manufacturing, commodities, logistics, QA/QC, FDA, regulatory compliance, sustainability, and supply chain optimization. Tom is experienced in the medical device, apparel, consumer goods and technology services verticals helping companies advance their global sourcing capabilities and develop new markets through a local and sustained approach. Located in SE Asia and the United States, Tom expands market reach to drive sales. His global sourcing strategy includes directly negotiating with commodity suppliers, supply chain networks and distributors for optimal terms based on his expertise and first-hand knowledge of the players. Contact Tom to use his consulting service to increase your global market and make global sourcing profitable for you in the Asia Pacific Region and the United States. http://www.NovaAdvisors.com thomas@NovaAdvisors.com USA Direct: +1.904.479.3600 SINGAPORE: +65.6818.6396 THAILAND: +662.207.9269
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