Indonesia holds 10th session of China-Indonesia economic, trade, technical commission

09:50, April 04, 2010      

Email | Print | Subscribe | Comments | Forum 

The Joint Commission on Economic, Trade and Technical Cooperation between Indonesia and China held its 10th Session here on Saturday.

Chinese Minister of Commerce Chen Deming and his counterpart Indonesian Minister of Trade Mari Elka Pangestu jointly hosted the session.

The two ministers said that since the 9th session, the two countries have achieved many goals in many economic and trade fields, such as trade, investment, infrastructure and tourism.

In spite of the financial crisis, Indonesia's export to China changed slightly in 2009, while China's investment in Indonesia rose 29 percent, their cooperation in infrastructure sector got remarkable achievement, and the visitors' population to the two countries from each other reached 770,000 person times.

The two sides agreed to consolidate and enhance their strategic partnership, push the bilateral trade and economic cooperation to higher level and wider scope.

Chen said China would continue its efforts to achieve a trade balance with Indonesia by providing conveniences for Indonesian commodities targeting Chinese market.

China hoped that, under the framework of the joint commission, the two countries would use the bilateral investment promotion commission to expand their investment cooperation, further expand China's investment in Indonesia, he said.

China would also provide financing support to Indonesia to strengthen their cooperation in the infrastructure field, covering communication and power, and expected Indonesia could support Chinese enterprises.

Chen said that the China-ASEAN Free Trade Zone (CAFTA) was mutual-beneficial and had been showing as a strong momentum to improve trade between China and Indonesia, since it went into operation.

The free trade zone owns 1.9 billion population, which will lift the attractiveness of ASEAN (Association of Southeast Asian Nations) for overseas investment, and bring long-term benefits for both China and ASEAN, Chen said. China and ASEAN should be more confident to consolidate and push forward the construction of CAFTA, realize the target of mutual-beneficial and win-win.

He added that China was willing to join its hands with ASEAN countries in supporting organizations and relevant enterprises to deepen cooperation, seize the opportunity, improve international competitiveness, so as to gain a larger room for development.

Mari Elka Pangestu said that Indonesia was willing to deepen bilateral trade and economic cooperation with China, push their trade scale to a higher level, expand their mutual investment, and enhance their industrial cooperation in many sectors, such as manufacture.

Indonesia welcomes Chinese enterprises to invest in the country and join the infrastructure construction of the country, Mari said. Indonesia would provide conveniences for Chinese enterprises.

She said that CAFTA was an important basis for Indonesia and China to expand their trade and economic cooperation. Indonesia appreciates China's positive position to bring a win-win cooperation for the two sides and would join in the efforts of China to make CAFTA run smoothly.

The two sides also exchanged their views on many concrete trade and economic affairs, such as Indonesia's 100MW power station program and its attending the Shanghai World Expo.

After the session, the two ministers inked a conference summary and jointly held a press conference.

In the summary, the two sides reiterated that they had the determination in fully implementing the China-Indonesia Free Trade Agreement; they would cooperate in fields covering infrastructure construction, financing, construction, mutual investment, industrial organization cooperation and trade data exchange and analysis, under the framework of bilateral trade and economic cooperation.

The two sides would also encourage enterprises to better use CAFTA preferential policies, lift the competitiveness of their industries, and promote the coordinating development of their economies.

The two ministers said at the press conference that the joint commission had its consensus and working target for improving the bilateral trade, economic and investment development.

Mari said that Indonesian President Susilo Bambang Yudhoyono and other government officials would attend the Shanghai World Expo.

Source:Xinhua

(Editor:黄蓓蓓)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Photo taken on Sept. 24, 2011 shows birds in China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Photo taken on Sept. 24, 2011 shows villager Wang Lanying herd cattle on the riverbed of China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Photo taken on Sept. 24, 2011 shows Liujia and her brother, villagers living around China's largest desert lake Hongjiannao, in Yulin, north China's Shaanx Province. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Photo taken on Sept. 24, 2011 shows the bank of China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Photo taken on Sept. 24, 2011 shows villagers herd cattle on the riverbed of China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Photo taken on Sept. 24, 2011 shows tourists beside China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
Hot Forum Discussion