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China and Indonesia Strengthen Strategic Partnership with New Agreements

Chinese Premier Li Qiang and Indonesian President Prabowo Subianto finalize cooperation deals in trade, investment, and regional stability during Li's visit to Jakarta.

Overview

  • China and Indonesia signed multiple agreements covering economic development, finance, tourism, health, and investment during Premier Li Qiang's visit to Jakarta.
  • Both nations emphasized their commitment to 'true multilateralism' and fostering a safe and prosperous region, addressing global challenges and protectionist trends.
  • China remains Indonesia's largest trading partner for the ninth consecutive year, with bilateral trade exceeding $147.8 billion in 2024.
  • The leaders discussed managing disputes in the South China Sea, with Indonesia advocating for a peaceful resolution and regional stability.
  • Li Qiang's visit underscores China's broader diplomatic outreach in Southeast Asia, coinciding with Indonesia's growing role in BRICS and ASEAN-related initiatives.