President Jokowi and President Xi Jinping Discuss Investment and Inter-Community Cooperation

By : M.shaqeel | Thursday, October 19 2023 - 08:02 IWST

President Joko Widodo and President of the People's Republic of China (PRC) Xi Jinping held a bilateral meeting between the two countries at the Great Hall of the People, Beijing, on Tuesday (17/10/2023). (Photo: BPMI Setpres/Laily Rachev)
President Joko Widodo and President of the People's Republic of China (PRC) Xi Jinping held a bilateral meeting between the two countries at the Great Hall of the People, Beijing, on Tuesday (17/10/2023). (Photo: BPMI Setpres/Laily Rachev)

INDUSTRY co.idPresident Joko Widodo held a bilateral meeting with the President of the People's Republic of China (PRC) Xi Jinping, at the Great Hall of the People, Beijing, on Tuesday, October 17 2023.

In the meeting which was preceded by an official welcoming ceremony, President Jokowi raised four things, starting from investment cooperation to cooperation between communities.

First, President Jokowi conveyed efforts to increase investment cooperation, especially for EV and automotive batteries, spare parts factories, petrochemical refineries, steel production, and developing Halal Center cooperation. The President also encouraged follow-up cooperation in developing the "Two Countries, Twin Parks" economic corridor.

"For the development of the Indonesian Capital City, I hope that China can become a strategic partner," said the President.

Second, regarding trade and finance, the President expressed his appreciation for bilateral trade which continues to grow and be balanced.

"In the future, we need to continue to push for protocol updates and an increase in the import quota for swallow's nests and additional types of export products such as fisheries, agriculture and tropical fruit," suggested the President.

Regarding financial cooperation, President Jokowi expressed his support for the plan to establish local currency transactions via QR cross border to facilitate export-import and investment.

Third, regarding energy security, President Jokowi said that currently Indonesia is accelerating the addition of new renewable energy (EBT) generators of 60GW until 2040. President Jokowi also hopes for PRC support to implement the Indonesia-PRC collaborative electricity cooperation, this is because energy security is an area of ​​cooperation that is considered to be able to continue to be strengthened between the two countries.

Fourth, President Jokowi also encouraged an increase in tourists from both countries. President Jokowi mentioned a number of steps, starting from increasing the frequency of direct flights between Indonesia and China, to increasing scholarships and vocational training for Indonesian students.

"As well as implementing village cooperation through increasing the capacity of Indonesian village heads," said the President.

Apart from that, the two leaders of the country also exchanged views on the current world situation, including the situation in Gaza. Indonesia and China share the same view regarding the importance of efforts to de-escalate the situation and focus on humanitarian issues.

Also accompanying the President at the meeting were Minister of Foreign Affairs Retno Marsudi, Minister of Trade Zulkifli Hasan, Minister of State-Owned Enterprises as Ad Interim Coordinating Minister for Maritime Affairs and Investment Erick Thohir, Cabinet Secretary Pramono Anung, and Indonesian Ambassador to China Djauhari Oratmangun. (BPMI SETPRES/DNS)

 

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