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Indonesia and China deepen trade relations

AP – Indonesian President Prabowo Subianto pledged to maintain close ties with China during a meeting with Chinese leader Xi Jinping in Beijing yesterday, his first overseas stop since he took office three weeks ago.

Subianto is seeking to strengthen relations with China, Indonesia’s largest trading partner and one of its most important foreign investors.

This is his second visit to Beijing this year, following a visit in April as president-elect, the first overseas trip he made after winning the Indonesian presidential election in February.

“Indonesia considers China not only as a great power but as a great civilisation,” Subianto said at the meeting, adding that the two countries had had close relations for centuries.

“Therefore, I think it is only natural that now in the present situation, geopolitical and geoeconomic, that Indonesia and China have become very close partners and in many, many fields.”

Chinese President Xi Jinping and Indonesian President Prabowo Subianto review the honour guard during a welcome ceremony at the Great Hall of the People in Beijing, China. PHOTO: AP

Xi vowed support for Subianto’s administration, thanking him for choosing to visit China first and saying he believed “Indonesia will adhere to an independent development path, continue to make new achievements in the journey of achieving national prosperity and national rejuvenation, and play an important role on the international and regional stage.”

Earlier yesterday, Subianto met with other top Chinese leaders, including Premier Li Qiang and Zhao Leji, who is chairman of the National People’s Congress and considered the No 3 official in the ruling party.

Indonesia’s economic ties with China flourished during Widodo’s decade in office.

China became Indonesia’s largest trading partner and ploughed billions into majorMinfrastructure projects such as the Jakarta-Bandung high-speed railway, which opened last October, and Cirata, Southeast Asia’s largest floating solar power project, on a reservoir in West Java, 130 kilometres from the capital, Jakarta.

The two leaders presided over the signing of various agreements on fishing, mining, housing and import and exports. Subianto said during the meeting with Xi that he will later preside over the signing of over USD10 billion worth of deals during a meeting between Chinese companies and the Indonesian Chamber of Commerce and Industry.

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