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The China-Indonesia Central Bank Joint Working Mechanism Releases Practical Cooperation Achievements
The meeting announced a series of pragmatic cooperation achievements obtained through the China-Indonesia Central Bank Joint Working Mechanism, including the signing of a tripartite bilateral transaction local currency settlement (LCT) cooperation memorandum of understanding by the People's Bank of China, Bank Indonesia, and the Hong Kong Monetary Authority.
Pan Gongsheng, Governor of the People's Bank of China, stated that the People's Bank of China will continue to promote financial cooperation with Indonesia to reach new levels, making new and greater contributions to maintaining regional economic and financial stability and development.
(Xinhua)