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Asean-China trade grows 82 times in 30 years

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Jakarta, CNN Indonesia –

President Joko Widodo (Jokowi) mention the commercial value ASEANChina over the past 30 years has increased 82-fold. He noted that the trade value of the two regions in 1991 was only US $ 8.36 billion. However, last year its value reached over US $ 685.28 billion.

In addition, cumulative two-way investment has also exceeded $ 310 billion over the past 30 years, placing China as a source of foreign direct investment (fForeign direct investment/ FDI) the fourth largest of all ASEAN Dialogue Partners.

“Our trade in 1991 was worth $ 8.36 billion and last year it reached over $ 685.28 billion, an 82-fold increase in just under 30 years,” Jokowi said, quoted in a press release published Monday 22/11.).

He added that ASEAN and China have provided many concrete cooperation from the two regions, including in the economic field. Of course, China has been ASEAN’s biggest trading partner for 12 years.

According to Jokowi, the strong relationship that exists between ASEAN and China is established through hard work, one of which is to build a strong and mutually beneficial partnership trust over the next 30 years.

“This mutual trust can be achieved if we all respect international law,” he said.

Give the occasion also invited to the ASEAN-China cooperation continued in order to make an economic power.

“Therefore, cooperation to support economic transition, energy transition and digital transition is very important for future cooperation,” he said.

For this to happen, Jokowi said ASEAN-China has a responsibility to make the region peaceful and stable. He believed that without peace and stability there would be no prosperity.

“Let’s strengthen cooperation recover together, recover stronger,” he said.

[Gambas:Video CNN]

(wel / sfr)


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2/ https://www.cnnindonesia.com/ekonomi/20211122170902-92-724548/jokowi-perdagangan-asean-china-naik-82-kali-lipat-dalam-30-tahun

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