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Friday, 07 July 2023 10:00

Indonesia, China Discuss Industrial Cooperation

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VOINews, Jakarta - Industry Minister Agus Gumiwang Kartasasmita discussed new cooperation in the industrial sector during a recent meeting with the Chinese Minister of Industry and Information Technology (MIIT) Jin Zhuanglong.

The bilateral meeting was conducted during Kartasasmita's working visit to China on Tuesday (July 4).

"At the meeting with Minister Jin Zhuanglong, there are at least four new initiatives in industrial cooperation (were) offered by MIIT. Indonesia warmly welcomes the cooperation offers from China," the minister said, according to a written statement released here on Thursday.

The four cooperation initiatives offered by China comprised the continuation of the ASEAN-China Forum on Emerging Industries and Ministerial Dialogue on Industry and the cooperation on emerging industries, Industry 4.0 and new energy vehicles (NEVs), and photovoltaic (PV) sectors.

In concert with efforts to transform industrial technology to realize Industry 4.0 in Indonesia, Kartasasmita welcomed China's offer. He also invited Chinese information technology companies to increase their investment in Indonesia.

"We see that China is a huge power in this industrial sector, for instance, as seen in Huawei, whose factory we had visited earlier," the minister said.

He also welcomed opportunities for optimizing ongoing cooperation, including in the electric vehicle (EV) and new energy vehicle sectors.

Cooperation in the EV sector will also be consistent with Indonesia's aspiration to become the regional hub of EV production with the capability to compete at the global level, Kartasasmita said.

The minister highlighted that Indonesia's readiness for developing an EV ecosystem would be an essential capital to cooperate in those sectors with China, as the country has become the largest EV producer whose market share is one-third of global production.

"This cooperation will also realize ASEAN's aspiration to be greener and more sustainable," he added. (Antaranews)

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