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Chinese firms to purchase Indonesian products worth $505 mln 10th December 2020
A business forum was organized by the Indonesian Embassy in Beijing on Wednesday (December 9, 2020). (ANTARA/HO-KBRI Beijing/mii)
China continues to make Indonesia one of the priority investment destinations for its companies wishing to go global and expand their investment in Indonesia. Beijing (ANTARA) - Three Chinese companies have signed a letter of intent (LoI) for the purchase of products worth US$505 million, or about Rp7.1 trillion, from Indonesia.
Beijing Huiyu Import-Export Co Ltd, Hebei Jinyezi Pharmaceutical Co Ltd, and Prestige International Trading Company Ltd signed the LoI on the sidelines of a business forum organized by the Indonesian Embassy in Beijing on Wednesday.