中国央行与印度尼西亚央行共同启动双边交易本币结算框架和二维码互联互通合作项目

Group 1 - The People's Bank of China and Bank Indonesia have jointly launched a bilateral local currency settlement (LCT) framework and a cross-border QR code interoperability cooperation project, marking a significant advancement in payment cooperation between the two countries [1][2][3] - The LCT framework was officially activated, expanding the scope of local currency settlement to all items in the balance of payments, facilitating the use of local currencies in bilateral trade and investment [2][3] - The cross-border QR code interoperability project has commenced a two-way pilot operation, with full production expected by 2025, utilizing local currency settlement methods [1][2] Group 2 - In the first seven months of 2025, the local currency settlement scale under the LCT framework between Indonesia and China reached $6.23 billion, accounting for 45% of Indonesia's total local currency settlement with all trade partners [3] - The establishment of the bilateral local currency settlement framework and cross-border payment QR code interoperability is seen as a key outcome of financial cooperation between China and Indonesia, driven by deepening political trust and growing economic ties [3] - Both central banks have agreed to establish a joint working mechanism to enhance the institutionalization of bilateral cooperation and promote deeper financial collaboration [3]