FUJIAN DELEGATION VISITS INDONESIA AND CONDUCTS ECONOMIC, TRADE, AND CULTURAL EXCHANGES AND...

FUJIAN DELEGATION VISITS INDONESIA AND CONDUCTS ECONOMIC, TRADE, AND CULTURAL EXCHANGES AND PROMOTION

AsiaNet 100075

FUZHOU, China, May 12, 2023 /Xinhua-AsiaNet/-- From May 8 to May 10, Zhou Zuyi, Secretary of Fujian Provincial Committee and Chairman of the Standing Committee of Fujian Provincial People's Congress led a delegation from Fujian Province to Indonesia. During the visit, the delegation conducted a series of economic, trade, and cultural exchange and promotion activities, deepening the friendship between Fujian and Indonesia and promoting regional collaboration between the two sides, according to the Information Office of Fujian Provincial People's Government. Indonesia is Fujian's largest trading partner in ASEAN. At the China-Indonesia "Two Countries, Twin Parks" (TCTP) Economic and Trade Cooperation Promotion Conference held on May 9, 21 projects, including the China-Indonesia TCTP Infrastructure Construction Fund, were signed on-site, with a total contract amount of 43.2 billion Chinese yuan. As early as 2019, Fujian proposed the China-Indonesia TCTP initiative. The idea is that establishing industrial parks in each respective country would lay the groundwork for exploring a cooperation mechanism that features industrial, infrastructural connectivity and preferential policies, synergizing China's Belt and Road Initiative (BRI) and Indonesia's vision for the Global Maritime Fulcrum. The Chinese Park is centered on the Fuzhou Yuanhong Investment Zone, with a planned area of 60 square kilometers. The Indonesian Park includes Bintan Industrial Estate, Aviarna Industrial Estate and Batang Industrial Park, with a planned area of 87.6 square kilometers. Fujian and Indonesia have deep historical roots. In ancient times, Fujian was a key starting point of the Maritime Silk Road, while Indonesia was a vital hub along the route, with the earliest and largest number of Fujian settlers. Nowadays, thanks to this long-standing maritime connection, Fujian and Indonesia are forging new friendship and drawing new blueprints for common progress. The two sides have enjoyed closer interactions, tighter economic and trade cooperation, and stronger growth potential, especially since the twinning of Fujian Province and Central Java Province in 2003. Source: The Information Office of Fujian Provincial People's Government