Indonesia trade Vice Minister Mahendra · West Pedregal 23, in an interview with Xinhua said the optimistic about China-ASEAN free trade area of the future development of the projected 2014 India bilateral trade will exceed $ 50 billion.
China-ASEAN free trade agreement in force over the past year, Indonesia as Southeast Asia's largest economies benefit from free trade zone, China trade and investment has grown significantly. The first 10 months of this year, trade between the two countries amounted to $ 337.5 million, an increase of 53.7% is expected this year is expected to reach 400 billion, an all-time high. The first three quarters of this year, China and Indonesia's non-financial investment 25.5 percent, Indonesia has become China's largest in Asia.
Mahendra expected, 2014 Indonesia bilateral trade with China will exceed $ 50 billion. At the same time he is looking forward to more Chinese investors came to Indonesia investment, especially hope that the Chinese investors to increase investments in the Indonesian manufacturing sector.
Mahendra says, to join the China-ASEAN free trade area on Indonesia is also a challenge, but since both parties insist on mutually beneficial, balanced and sustainable principles, Indonesia's national economic and not as in the past some people predicted that paralyzed. He said that now Indonesia popularly held to the free trade area, with a positive attitude towards the future and win-win to keep trade in China. (Li Yu)
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