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 senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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