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Web of Proceedings - Francis Academic Press

Research on Economic and Trade Relations Between China and Indonesia

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DOI: 10.25236/icebfm.2019.126

Author(s)

Jiahe Wu

Corresponding Author

Jiahe Wu

Abstract

China and Indonesia are good neighbors and have long-standing trade relations between the two countries. Since the resumption of diplomatic relations between the two countries in 1990, especially since 2000, bilateral exchanges between China and Indonesia have been increasing. In the broader context of China’s enhanced cooperation with ASEAN, the friendly exchanges and cooperation between China and Indonesia in the political, economic and cultural fields have been strengthened, thus forming good trade and economic cooperation relations. China and Indonesia are complementary to each other in economy and have great potential for cooperation. Strengthening economic and trade cooperation between China and Indonesia is very important for the economic development of the two countries. With the joint efforts of the two governments, on the one hand, Sino-Indonesia economic and trade cooperation has been continuously strengthened and achieved many achievements; but on the other hand, at present, China and Indonesia also have some problems in trade, investment and cooperation in various fields, facing many challenges such as their own problems and external interference. Therefore, it is of great significance to study the current situation of Sino-Indonesia economic and trade cooperation, analyze and summarize the main problems and causes of Sino-Indonesia economic and trade cooperation, and explore countermeasures and suggestions for promoting the economic and trade development of the two countries.

Keywords

China, Indonesia, Trade relation, Economic