China, Indonesia seek ways to boost trade relations

Indonesian President Joko Widodo received visiting Chinese Premier Li Keqiang on May 7, discussing the improvement of bilateral trade.
China, Indonesia seek ways to boost trade relations ảnh 1Indonesian President Joko Widodo (left) and Chinese Premier Li Keqiang (right) inspect the presidential special guards during a welcome ceremony on Thursday at Bogor Palace. (JP/Marguerite Afra Sapiie)

Hanoi (VNA) – Indonesian President Joko Widodo received visiting Chinese Premier Li Keqiang on May 7, discussing the improvement of bilateral trade.

The two oversaw the signing of several memorandums aimed at boosting trade between the nations.

After the meeting, Widodo said the two countries with their capacities should contribute to peace, stability and prosperity of the world.

He said that the meeting discussed efforts to improve economic cooperation and China agreed to import an additional 500,000 tonnes of Indonesian palm oil.

Indonesia is the largest economy in Southeast Asia and China has become its largest trading partner in the past years. In 2017, their bilateral trade hit 63.3 billion USD, up 18 percent from 2016.

Meanwhile, Li said his three-day visit aims at building political trust and deepening win-win cooperation and friendship between the two countries’ people.

While in Indonesia, Li was scheduled to meet ASEAN Secretary General Lim Jock Hoi and take part in activities in celebration of 15-year relations between the bloc and China.

After Indonesia, he will travel to Tokyo at the invitation of Japanese Prime Minister Shinzo Abe.-VNA
VNA

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