China and Indonesia are set to expand cooperation across diverse domains, including green energy, the digital economy, biomedicine, and artificial intelligence.
Premier Li Qiang, speaking at a regional summit in Indonesia, emphasized the need for enhanced collaboration and highlighted China’s commitment to economic openness and intellectual property rights.
During his visit to Indonesia for the regional summit, Li expressed his intention to bolster cooperation with Indonesia in several crucial sectors.
These include green energy, the digital economy, biomedicine, and artificial intelligence.
He addressed business leaders at the summit and encouraged them to maintain confidence in collaboration between the two nations.
Recent economic data indicating a slowdown in China had raised concerns in global markets about China’s economic trajectory.
Li assured attendees that China is dedicated to expanding its systemic openness, with plans to further ease market access, especially in modern service industries.
Additionally, China is committed to strengthening intellectual property rights protection and cultivating a world-class business environment conducive to foreign investment.
Li underscored China’s aspiration for Indonesia to uphold its open-market policies and provide an equitable and just business atmosphere for Chinese enterprises operating within its borders.
Furthermore, during his visit, He is scheduled to participate in the trial run of a significant high-speed rail project valued at $7.3 billion.
The project, funded by China, is part of the Belt and Road Initiative, focusing on transportation and energy infrastructure development.
