News Letter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 Search
 About China
- China at a glance
- Chinese history
- Constitution
- CPC & state organs
- Chinese leadership
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 15:15, January 14, 2005
Indonesia seeks to boost bilateral trade with China
font size    

Indonesian will continue the efforts to enhance economic cooperation with China which now becomes one of Indonesia's largest trade partners, a senior official has said.

"China is the fourth largest export destination for Indonesia's non-oil products and third largest supplier for our imports," Minister of Trade Mari Elka Pangestu was quoted Friday by Bisnis Indonesia newspaper as saying.

She noted that, according to the Indonesian government's figure, trade volume between the two countries rose 26.94 percent to 5.4 billion US dollars in the first eight months of 2004 compared to the same period a year earlier.

In 2003, bilateral trade volume rose 26.89 percent to 6.8 billion dollars from the figure in the previous year with the balance favoring Indonesia, Mari said during the opening of the Indonesia-China Cooperative Investment (ICCI) Thursday in Jakarta.

The minister expressed the government's full support for the establishment of the ICCI, saying that the institution is expected to play an active role in encouraging Chinese investors to take part in Indonesia's infrastructure development.

On the occasion, ICCI chairman Kusma Lingga Widjaja said 10 Chinese big companies have expressed willingness to materialize investments in various sectors, including manufacture, power plant,oil, gas, telecommunication and roads here.


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- China Forum
- PD Newsletter
- People's Comment
- Most Popular
 Related News
- China, ASEAN potential markets for Indonesian cocoa

- China hopes Indonesia will play active role in FTA talks

- Indonesia hopes FTA will boost export to China


Copyright by People's Daily Online, all rights reserved