Indonesia, China Hope to Reduce Trade Deficits

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation     Date 17 November 2018
Category: News
Read: 1.335 Views
President Jokowi meets with President Xi Jinping at the Stanley Hotel, Port Moresby, Saturday (17/11). (Photo by: BPMI Presidential Secretariat)

President Jokowi meets with President Xi Jinping at the Stanley Hotel, Port Moresby, Saturday (17/11). (Photo by: BPMI Presidential Secretariat)

During the bilateral talk with Chinese Prime Minister Xi Jinping, President Joko “Jokowi” Widodo expressed hope that Indonesia and China can work together to overcome trade deficit between the two countries through various means, including providing ease for Indonesia’s tropical fruit exports to China and for China’s swallow nests import from Indonesia.

Indonesia’s primary tropical exports to the world’s largest economy include pineapple, dragon fruit, avocado, rambutan, mango, banana, and durian.

The President also expressed hope for the sustainability of palm oil export and its derivative products, including cooperation in developing biodiesel such as B5, B20 biofuels, and replanting oil palm.

The Indonesian President also asked the Chinese government not to impose a quota or anti-dumping policy on Indonesia’s manufactured products such as steel.

In the tourism sector, the Indonesian President expressed hope for more Chinese tourists to visit Indonesia.

“I also [ask] Your Excellency [Xi] to encourage Chinese tourists to visit Indonesia, particularly to Bali and 10 New Bali,” he said, referring to Indonesia’s 10 new destination brands to support the Wonderful Indonesia campaign in an attempt to attract 15 million foreign tourists in 2017 and 20 million in 2018.

The two leaders also discussed cooperation between the two countries in investment, including to develop Industry 4.0.

On that occasion, President Jokowi also expressed appreciation to President Xi for the his country’s success in holding an international export exhibition in Shanghai recently.  “I would like to congratulate President Xi on the implementation of the 1st China International Import Export Expo in Shanghai recently, and Indonesia has participated in the event as a Country of Honor,” the President said.

The President also his appreciation for the Chinese government for the sympathy and cooperation in handling natural disasters that hit the island of Lombok and Central Sulawesi province in Indonesia.

The bilateral between the two leaders was held on the sidelines of the APEC Summit, at Stanley Hotel, Port Moresby, Saturday (11/17). (Bureau of Press, Media, &Information of Presidential Secretariat/EN)

Translated by: Muhardi

Edited by: M. Ersan Pamungkas

Latest News