Li arrived in Indonesia`s capital, Jakarta, on Saturday afternoon for a three-day visit to Southeast Asia`s largest economy. It was the first stop of his first overseas visit this year

Indonesia and China are member states of the Group of 20 major developing countries and emerging economies and of BRICS

Li brought 60 prominent Chinese businesspeople for his address to the Indonesia-China Business Reception on Saturday evening. He emphasised in his remarks that China`s economy has achieved rapid growth this year despite increasing external challenges

"The current international situation is a stalemate," Li said at the event, which was also attended by Subianto. "Unilateralism and protectionism are on the rise, bullying behaviour is increasing"

Li noted this year marks the 70th anniversary of the conception of the Non-Aligned Movement by Asian and African countries in Indonesia`s Bandung city when the world was at a historical crossroads

The Bandung spirit of solidarity, friendship and cooperation has played a pivotal role in the unity and cooperation of the Global South countries, Li said

"More than seven decades later, the world is once again at an important crossroads," Li said

He called on all countries to seek common ground while resolving differences through dialogue and peaceful coexistence

Subianto expressed gratitude to the Chinese government and its companies "that have participated in our economy, created jobs, transferred technology and built trust among all businesses, especially in our homeland"