China, Indonesia to jointly push for major transport and vaccine flagship projects (FM)

China Indonesia Photo: VCG

China and Indonesia will jointly step up cooperation on several major infrastructure projects under the Belt and Road Initiative (BRI), including the Jakarta-Bandung high-speed railway and the “Two countries, twin parks,” as agreed by the two sides during the Second Meeting of the China-Indonesia High-Level Dialogue Cooperation Mechanism in Indonesia on Saturday.

Co-hosted by Chinese State Councilor and Foreign Minister Wang Yi and Indonesian Coordinator for China Cooperation and Coordinating Minister Luhut Binsar Pandjaitan, the meeting addressed some of the world’s most pressing issues, such as food security, and expanded the needs to further strengthen China-Indonesia cooperation on infrastructure, supply and value chain integration and boost global economic recovery. Indonesian Foreign Minister Retno Marsudi also attended the meeting.

China-ASEAN trade volume hit a new high in 2021 as ASEAN’s largest trading partner for 13 consecutive years. Meanwhile, the increase in trade volume between China and Indonesia ranked first among ASEAN countries, up a significant 58 percent year-on-year.

During Saturday’s meeting, the two sides expressed satisfaction with the fruitful results of bilateral economic and trade cooperation, especially the increase in trade, while pledging to continue to promote more balanced development and high quality of economic and trade cooperation.

The two sides will accelerate cooperation in BRI flagship projects such as the Jakarta-Bandung high-speed railway and the “Two Countries, Twin Parks”.

This came just two weeks after the No. 1 casting yard of the Jakarta-Bandung high-speed railway completed the erection of 1,018 box girders on July 27, laying a solid foundation for the completion of the railway project in June 2023, Xinhua News Agency reported.

Anti-epidemic cooperation will also be strengthened. At the meeting, Wang said China supports Indonesia in building a regional vaccine center and is willing to help Indonesia increase its vaccine production capacity and promote the joint construction of vaccines. a joint research center on vaccines and genes.

Other areas of cooperation will also be expanded and strengthened, such as green development of the digital economy, agriculture, poverty reduction and food security.

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