Analysis of China-Indonesia Economic and Trade Cooperation

The world economy is in crisis amid the ongoing outbreak of the novel coronavirus. Countries are committed to seeking new development opportunities by strengthening regional cooperation. In recent years, China-Indonesia cooperation has been continuously strengthened. As the largest economy in Southeast Asia, Indonesia has great potential for development. Under the framework of the Belt and Road Initiative, it is believed that the economic and trade scope of the two sides will continue to expand. From the perspective of economy and trade, this paper will analyze the current situation of China-Indonesia cooperation in trade, digital economy and cooperation mechanism, put forward the problems that hinder the development of economic and trade cooperation between the two countries, and further explore the future development path of cooperation between the two countries. According to the research, the trade scale between China and Indonesia has been expanding and the cooperation in the field of digital economy is close. However, there is a certain gap in the development level of the economy and trade between the two countries. In the future, the two countries will take advantage of the Regional Comprehensive Economic Partnership opportunity to further strengthen the coordination of their policies.