Contracts signed

Xi and his Indonesian counterpart Susilo Bambang Yudhoyono on Thursday also witnessed the signing of cooperation agreements worth $23.6 billion by business leaders from the two countries.

"These agreements fully prove that China and Indonesia greatly complement each other in the economic field and have broad prospects for development," Xi told a luncheon attended by business leaders from the two countries.

The contracts signed covered a wide range of sectors, including minerals, refining, infrastructure, telecommunications and power grids.

Xi said the two nations are both undertaking the mission of domestic economic development and improving their people's livelihoods. The two sides should work together and tap into the great potential for bilateral trade to lift this figure to $80 billion at an early date.

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