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More Hopes With Increased Indo-China Cooperation

  • Tuesday, 28 July 2015 04:15

With the increasing economic cooperation between the two countries, Indonesian President Joko Widodo expressed his hopes of China building Indonesia into an Asian production base at a recent meeting with visiting Chairman of the National Committee of the Chinese People’s Political Consultative Conference, Yu Zhengsheng.

The two countries have proposed to expand the two-way trade and mutual visits to reach targets of US$150 billion and $10 million respectively before 2020, said Indonesia Foreign Minister Retno Marsudi. As China is increasing its overseas investments, it is possible to build more factories in Indonesia and the President Widodo hopes this would happen, Minister Marsudi added.

Chairman Yu responded positively, saying Indonesia is an important partner to China in Asia, and both parties have agreed that the two countries will hence strengthen cooperation in various fields such as maritime infrastructure, power supply and communication amongst their people.

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