China, Indonesia urged to strengthen economic cooperation (2)

"China and Indonesia should strengthen trade and investment cooperation and promote further development of bilateral economic ties in a bid to combat the economic crisis and contribute to the global economic recovery," Hua said at the opening ceremony.

Hua pointed out that China and Indonesia are populous countries with big markets and the two countries have strong economic complementarity. "There are a lot of economic potential to be explored," he added.

Data from the Chinese embassy in Indonesia shows in the first nine months of this year the bilateral trade value reached 47.65 billion U.S. dollars, up 10 percent despite the weak global economic outlook, and the FDI from China to Indonesia increased more than 200 percent to 450 million U.S. dollars compared with the same period of last year.

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