The total value of trade between Indonesia and China is expected to reach $80 billion in 2015.
“In 2011 the value of trade between Indonesia and China was recorded at around $60 billion and it is expected to reach $80 billion in 2015,” Chinese consul Lie Chuen said at the opening of “Hong Kong-Guangdong Lifestyle Expo” here on Thursday.
He said the expo on lifestyle products was very important because it involved three cities, namely Jakarta, Hong Kong and Guangdong whose population`s lifestyles are similar.
Minister of Cooperatives and Small and Medium Businesses Syarifuddin Hasan meanwhile said Indonesia, China and India are three Asian countries that have recorded positive growth while the world is facing a financial crisis.
The Council spokesman Joe Kainz said the event was aimed at bridging bilateral trade between Hong Kong and Indonesia. “We hold this expo to help Hong Kong companies seek a new market and meet them with new buyers,” he said.
Lifestyle Expo has earlier been held in China, Budapest in Hungary, Mumbai in India and Warsaw in Poland.
Guangdong ready to intensify cooperation with Indonesia
Southern China`s Guangdong Province is eager to expand cooperation with Indonesia especially in the trade and economic fields, a Chinese official said.
“We are ready to intensify cooperation in the trade and economic fields with Indonesia,” Li Jian, the Deputy Director General of the Guangdong Provincial Administration`s Foreign Affairs Office, told several Indonesian journalists here, Monday. Two-way trade between Guangdong and Indonesia reached $12.4 billion last year. Guangdong`s imports from Indonesia include oil palm.
He invited Indonesian businessmen to participate in a number of trade and economic exhibitions in Guangdong, which regularly organizes among other things China Import and Export Fair, also known as Canton Fair.
The 111th Canton Fair will take place this year from April 15 to 19 and again from May 1 to 5, in Guangzhou. Last year, around 530 companies from 49 countries took part in the exhibition.
He said quite many Guangdong tourists visited Indonesia because geographically the Chinese province is not far from Indonesia. Historically, quite many Guangdong people had moved to Indonesia in the past.
The Guangdong provincial government also offers cooperation in the agricultural sector with Indonesia, especially in seed and fruit cultivation. Guangdong, which has total population of around 100 million, has established sister city ties with North Sumatra Province, and once forged close cooperation with West Kalimantan. Its capital city, Guangzhou, has sister city cooperation with Surabaya, East Java.