人民币，大消息！

Core Viewpoint - 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 project, marking a significant advancement in financial cooperation between the two countries [1][3]. Group 1: Bilateral Local Currency Settlement Framework - The LCT framework was officially announced during an event held simultaneously in Beijing and Jakarta, attended by key officials from both countries [3]. - The framework expands the scope of local currency settlement to cover all items in the balance of payments, facilitating the use of local currencies in bilateral trade and investment [3]. - As of January to July 2025, the local currency settlement volume under the LCT framework reached $6.23 billion, accounting for 45% of Indonesia's total local currency settlements with all trade partners [7]. Group 2: Cross-Border QR Code Interoperability - The cross-border QR code interoperability project has been initiated and is expected to be fully operational within 2025, utilizing local currency settlement methods [3]. - This project represents a significant step forward in payment cooperation between China and Indonesia [3]. Group 3: Financial Cooperation and Future Prospects - The establishment of the LCT framework and QR code interoperability is seen as a result of deepening political trust and the growing economic ties between China and Indonesia [5]. - Both countries are encouraged to continue enhancing cooperation in areas such as payment system connectivity, local currency usage, financial market openness, and digital currencies [5]. - A joint working mechanism between the two central banks will be established to further institutionalize bilateral cooperation in finance [7].