TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Chinese trade council opens office in Jakarta
Change Size
Delegates of the China Council for the Promotion of International Trade (CCPIT) meet with Trade Ministry officials in Jakarta on Dec. 15, 2015. The CCPIT opened its representative office in Indonesia on Tuesday to promote bilateral trade between the two countries. (Courtesy of Trade Ministry/-)
T
he China Council for the Promotion of International Trade (CCPIT) opened its representative office in Indonesia on Tuesday to actively promote imports, exports and bilateral investment between the two countries.
“It can be a window for the exchange of information on Sino-Indonesian commerce and trade and be a new bridge for the two countries’ economic and trade cooperation,” CCPIT secretary general Jack Yao said on Tuesday in Central Jakarta.
The office will mainly focus on assisting Chinese trade and economic delegations to Indonesia, and provide consultancy services to Chinese and Indonesian companies willing to invest both in China and Indonesia, Yao said.
CCPIT has 18 representative offices across the globe including in Canada, the UK, France, Germany and Singapore, he said.
Under China’s 13th five-year plan and the Indonesian development plan for 2015-2019, he said, China and Indonesia had many opportunities for bilateral trade cooperation and would further strengthen its economic ties.
China is the second-largest trade partner for Indonesia after the US.
The main products exported by China to Indonesia are electro mechanical goods, minerals and iron while Indonesia exports palm oil, rubber and rubber goods.
Central Statistics Agency data shows Indonesia’s non-oil exports to China reached US$1 billion in April 2016, while imports reached $2.5 billion. (Sha/bbn)
