BEIJING, Nov 10 (Reuters) - China and Indonesia signed deals worth $10 billion at the Indonesia-China Business Forum in Beijing on Sunday, spanning sectors including food, new energy, technology, and biotechnology, Chinese state media reported.

The president said Jakarta will safeguard its sovereignty in the contested waterway days after signing a maritime deal with Beijing.

Over the weekend, the two nations signed a joint development agreement that refers to “overlapping claims” in the disputed waterway.

Indonesia said on Monday it does not recognise China's claims over the South China Sea, despite signing a maritime development deal with Beijing, as some analysts warned the pact risked compromising its sovereign rights.

Chinese and Indonesian firms will sign business agreements totaling more than $10 billion on Sunday, President Prabowo Subianto said as he met his counterpart Xi Jinping in Beijing during a state visit.

The deals included a controversial agreement on economic activities in areas around the Natuna Islands in the South China Sea.

China is putting ever-greater pressure on the Philippines to cede its sovereign rights in the South China Sea, Secretary of National Defense Gilberto Teodoro said on Tuesday after a meeting with his Australian counterpart in Canberra.

Indonesia denied that it had effectively recognized China’s disputed claims in the South China Sea after a joint statement with Beijing over developing contested areas came under fierce criticism.

China is stepping up pressure on the Philippines to concede its sovereign rights in the South China Sea, Manila's Defense Secretary Gilberto Teodoro said on Tuesday after meeting his Australian counterpart in Canberra.

Indonesia said on Monday it does not recognise China's claims over the South China Sea despite signing a joint maritime development deal with Beijing, as some analysts warned the agreement risked compromising the country's sovereign rights.