News Letter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Chinese leadership
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 14:05, February 07, 2005
China's growing economy benefits Indonesia: Susilo
font size    

Indonesian President Susilo Bambang Yudhoyono said Monday in Indonesia that Indonesia takes benefit from China's rapidly growing economy as both countries now enjoy significant growth in bilateral trade volume.

Susilo said the world might be "worried" about China's rapid growth, but for Indonesia, the expanding economy in China delivers positive result of higher bilateral trade volume in favor of Indonesia.

"We must be able to anticipate the presence of emerging economic powers, such as China, India and Vietnam. But we don't need to worry because we have opportunities to take benefits from their revivals," Susilo said when opening a meeting on Indonesia's long term development planning.

According to the Central Statistics Agency, China was Indonesia's fourth largest destination country for its non-oil exports in 2004 after Japan, the United States and Singapore. Indonesia's non-oil export to China rose 25.5 percent to 3.15 billion US dollars in 2004 against 2.93 billion a year earlier.

China last year also surpassed the United States as the third largest supplier for Indonesian import, grabbing 9.86 percent of Indonesia's 34.66 billion dollars non-oil import.


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- China Forum
- PD Newsletter
- People's Comment
- Most Popular
 Related News

Copyright by People's Daily Online, all rights reserved