Indonesia, China Strengthen Economic Cooperation

According to reporting from Asia News Network, Indonesia and China are seeing solid progress in their bilateral economic cooperation, with the ties helping bolster expectations that Southeast Asia’s largest economy will become a trading hub for the region, an expo forum heard in Jakarta on Thursday (28/11/24) at the 8th China Homelife Trade Show, which opened in Jakarta on Wednesday (27/11/24) and ran through until Saturday (30/11/24.)

Key speakers at the forum included Luo Jie, vice-chairman and secretary of the China Sporting Goods Federation, and Vinsensius Jemadu, deputy for tourism products and events organization at Indonesia’s Ministry of Tourism.

The expo, organized by PT Meorient Exhibition Indonesia, brought more than 2,000 exhibitors and suppliers from a wide range of industries, mainly from the Chinese mainland, including building and decoration materials, appliances and electronics, furniture, and sporting goods, says Asia News Network.

Luo, the China Sporting Goods Federation vice-chairman, said China and Indonesia have enhanced their mutual trust and strengthened the relationship, with the expo being the latest concrete evidence of the close linkages.

Luo lauded China-Indonesia relations that top leaders of the two countries have further strengthened over the past several years, saying that “we hope that through this expo we will be able to create constructive dialogues that cross our states’ borders and our languages.”

Jemadu said he hopes the expo will have a positive impact on businesses from Indonesia and China, including the tourism sectors in the two countries, adding that Indonesia provides big business opportunities in the MICE (Meetings, Incentives, Conferences, and Exhibitions) tourism segment.

Visitors to MICE events in Indonesia generally had longer stays in the country than those who came in for leisure, he said.

Asia News Network reports that Larissa Zhou, country regional manager of Meorient Exhibition International (Indonesia), when speaking to China Daily at the expo on Thursday, said Indonesia could become a trading hub for the ASEAN region in the future. She said the success of the expos prompted them to plan a large machinery show in Jakarta in June next year.

She said they had planned to bring in businesses from all sectors including those from tourism and education.

 

Source: Asia News Network

Stock image by Pete Linforth from Pixabay

The post Indonesia, China Strengthen Economic Cooperation appeared first on Invest Indonesia.

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