China to import 500,000 more tons of palm oil from Indonesia

Premier Li Keqiang said on Monday that China will import 500,000 more metric tons of palm oil each year from Indonesia.

He made the announcement in a speech at a China-Indonesia business summit attended by more than 600 business people.

While importing more goods from Indonesia, China also hopes Indonesia will make it easier for Chinese tangerine growers to export there, he said.

China will firmly adhere to its reform and opening-up to share the benefits of development with the rest of the world, Li said.