Indonesia, China Relations Strengthened by Mutually Beneficial Cooperation
- Istimewa
Beijing, VIVA – Indonesian Foreign Minister, Retno Marsudi revealed that the relationship between Indonesia and China in the past decade has been mutually beneficial.
"In the last 10 years, we have worked together to build mutual respect, mutually beneficial cooperation and maintain sustainable relations," she said at the 5th Joint Commission for Bilateral Cooperation (JCBC) meeting with her Chinese counterpart Wang Yi in Beijing on last Friday as quoted from Antara site.
China is considered one of the most important partners of Indonesia, with the cumulative value of investment flows from Beijing to Jakarta exceeding US$37 billion in the period from 2014 to 2024, minister Marsudi stated.
Foreign Minister Retno Marsudi meets with Chinese Foreign Minister Wang Yi
- Antara
Although the term of the government led by President Joko Widodo will come to an end by October 2024, Marsudi assured that the relationship between Indonesia and China will be maintained.
"But rest assured that the next Indonesian government will continue to build strong relations with China, as conveyed directly by the President-elect (Prabowo Subianto) during his visit to Beijing several months ago," the minister said.
During the meeting, Marsudi thanked Wang for his strategic role in strengthening relations between the two countries.
"So once again, thank you, and we can discuss what are the priority areas for our cooperation in the coming years. After this, I will report to my President and also convey the results of today's meeting to the President-elect," she continued.
The 4th Indonesia-China JCBC was held in Jakarta on February 22, 2023. It was joined by Marsudi and Chinese Foreign Minister Qin Gang.
Morover, she said that one of the things conveyed at the 4th JCBC was a request for tackling various trade barriers.
Based on data from the Indonesia Investment Promotion Center (IIPC), China is Indonesia's third-largest investment partner.In 2023, Chinese investment in Indonesia was recorded at US$7.4 billion, and in the first quarter of 2024, the figure reached US$1.87 billion, also investment from Hong Kong (US$1.89 billion).
