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Indonesian President calls for strengthened collaboration with China

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Indonesian President calls for strengthened collaboration with China

2024-11-11 02:57 Last Updated At:09:07

Indonesian President Prabowo Subianto emphasized the importance of Indonesia's friendship with China and encouraged future cooperation between the two nations during a business forum on Sunday in Beijing, the Chinese capital.

Speaking at the event, the Indonesian President welcomed Chinese enterprises to invest in Indonesia, highlighting the need for continuous cooperation between Indonesia, Southeast Asia, and China as it reclaims its prominent position on the global stage.

"In Indonesia and Southeast Asia, we feel that we want to be continuously working together in collaboration and in synergy with the rise of China back to its great position in the world. Therefore, the strong participation of Chinese entrepreneurs in Indonesia, I think, is very important," he pointed out.

President Prabowo also noted that the two sides have consistently understood and supported each other, emphasizing that mutual understanding is crucial for prosperity in today's world.

"Only cooperation, that's my belief. Only cooperation, only collaboration can bring understanding. Only understanding can bring peace. Only peace can bring prosperity. Let us work for collaboration, let's work for understanding, let us work for peace, let us work for prosperity for all the people," he said.

A signing ceremony was held at the event to formalize cooperation between Indonesia and China. Business representatives from both countries signed agreements covering green energy, the digital economy, supply chains, biotech, and manufacturing.

The event also sparked a passion for communication among business leaders from both countries.

"In the late 1980s, we entered Indonesia and have since undertaken more than 70 projects with contracts exceeding 10 billion U.S. dollars, bringing Chinese technology, equipment, and standards to the country. Our engagement with the Belt and Road Initiative, particularly in Indonesia, has led to significant progress in the development of industries such as chemicals, energy, and metallurgy in recent years. In line with the national strategies of both China and Indonesia, China National Chemical Engineering Group Co., Ltd has made remarkable progress and noteworthy achievements in its international expansion. Moving forward, we will increase our development efforts in Indonesia. Currently, we have 11 institutions spread across various islands in the country," said Mo Dingge, chairman of the board at China National Chemical Engineering Group Co., Ltd.

Agreements worth over 10 billion U.S. dollars were signed, marking significant progress in joint development initiatives across sectors such as the blue economy, water conservancy, minerals, and other sectors.

Indonesian President calls for strengthened collaboration with China

Indonesian President calls for strengthened collaboration with China

Indonesian President calls for strengthened collaboration with China

Indonesian President calls for strengthened collaboration with China

China's software and information technology service industry reported double-digit year-on-year growth in terms of revenue in the first eleven months of 2024, the Ministry of Industry and Information Technology said on Thursday.

Data show that from January to November, China's software business revenue reached 12.2903 trillion yuan (about 1.68 trillion U.S. dollars), a year-on-year increase of 10.7 percent.

The revenue from information technology services maintained double-digit growth, accounting for 67.3 percent of the total industry revenue. Among these, cloud computing and big data services generated a revenue of 1.2691 trillion yuan (about 173.86 billion U.S. dollars), marking a year-on-year increase of 10.5 percent.

In the eleven-month period, software business exports continued to improve, reaching 51.01 billion U.S. dollars, up 4.8 percent year on year.

China's software, IT service industry sees double-digit growth in revenue in Jan-Nov 2024

China's software, IT service industry sees double-digit growth in revenue in Jan-Nov 2024

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