(Jakarta News) Chen Rongtuan, Vice President of Shanghai New Shanghai Merchants Association, and his party of 9 people, including Chen Lier, deputy general manager of Ganghe (Hong Kong) Real Estate Co., Ltd., Yang Xudong, director of China Resources Sanjiu Pharmaceutical Co., Ltd., and Chen Rufang, founding partner of Huiyan Capital Li Dehua and other entrepreneurs visited Indonesian Chinese Entrepreneur Association at 4:30 pm on February 13, 2024 (Tuesday). They were greeted by President Zhang Jinxiong, Secretary General Zhou Weiliang, Vice Presidents Lian Jiehao, Chen Xin, Xue Tianzeng, Finance Lin Wenxian , welcomed by Vice Chairman Yang Qingshun, Yao Hanbin and Weng Qianzhen.
Zhang Jinxiong, General Chairman of Indonesian Chinese Entrepreneur Association, pointed out that as the largest economy in Southeast Asia, Indonesia is the only country in ASEAN with a GDP exceeding one trillion. Despite the current global economic downturn, Indonesia has maintained an average annual GDP growth rate of more than 5% for more than ten consecutive years. According to the latest data from the Indonesian Central Bureau of Statistics, Indonesia's annual GDP growth rate in 2023 will be 5.05%, and its GDP will be approximately US$1.29 trillion, ranking first among ASEAN countries.
In the past two decades, the Indonesian government has focused on promoting steady social and economic development, increasing investment in infrastructure, and continuously improving the international business environment. It has also introduced a number of favorable policies to actively encourage and support foreign investment in Indonesia's economic construction, significantly lowering the entry threshold for foreign investment. The massive inflow of foreign capital has also injected energy and vitality into the rapid development of Indonesia's economy.
Indonesia has always attached great importance to economic and trade exchanges and cooperation with China. In the field of economy and trade, the bilateral trade volume of goods between India and China will reach 127.12 billion U.S. dollars in 2023. China has been Indonesia's largest international trade partner for ten consecutive years. China’s capital support and advanced technology have performed well in Indonesia’s infrastructure construction and other fields. In 2023, China will invest US$13.9 billion in Indonesia (including US$6.5 billion from Hong Kong), and has been Indonesia's second largest source of investment for many consecutive years.
Zhang Jinxiong said that we sincerely welcome entrepreneurs and friends from Shanghai to invest in Indonesia and jointly explore cooperation opportunities in the fields of medical care, new materials, information technology and other fields. Indonesian Chinese Entrepreneur Association will also continue to serve as a platform for exchanges and cooperation between the two parties, providing necessary legal and regulatory consulting services for everyone who comes to Indonesia for investment inspections. Finally, I wish you all a complete success and fruitful harvest in your trip to Indonesia.
Chen Rongtuan, Vice President of the Shanghai New Business Association, said that as we all know, Indonesia is a populous country with many resources, a large young population, and a strong Chinese economic foundation. With the advancement of China’s One Belt One Road policy, the relationship between China and India continues to deepen, and Indonesia It can be said that it has become the largest back garden for Chinese enterprises to develop overseas. The economies of the two countries have huge complementary advantages. Many people believe that this situation is just the beginning. In the future, more companies will seek to invest in Indonesia for development. This kind of development The gaps and complementarities in the process are the best basis for everyone to cooperate and develop together. The relationship developed in this friendly atmosphere is the most cherished.
The many entrepreneurs visiting this time are involved in many industries, including real estate, industrial park development, medical care, investment, aviation power, power testing, etc. Most of them are companies that have entered the most advanced ranks in China. In recent years, I have been involved in the investment industry. Later, I felt the urgent sense of mission of Chinese entrepreneurs to go abroad. At this stage, China has many advanced and even world-leading or unique technologies and industries. These advantages will surely be achieved with the help of friendly overseas Chinese leaders and compatriots like you. Got good play.
Looking back at China's rapid development in recent decades, we can see that Indonesia now has many similarities with China twenty years ago, and even has better opportunities and conditions than China at that time, whether it is natural conditions or international geography. Political factors: Indonesia has unique advantages. Economic export and international political rebalancing are a reality that will not change in the medium to long term. This has also created a huge historical opportunity for Indonesia's economy to develop rapidly, with the help of China's "One Belt, One Road" policy. Dongfeng, in the face of this rare historical opportunity, being good at seizing opportunities is the key to success for entrepreneurs. Entrepreneurs from Indonesian Chinese Entrepreneur Association are welcome to visit Shanghai for sightseeing, investment and business development.
After the exchange meeting, Shanghai entrepreneurs who attended the exchange meeting introduced their companies respectively. After the exchange meeting, Zhang Jinxiong, Chairman of Indonesian Chinese Entrepreneur Association, and Chen Rongtuan, Vice President of the Shanghai New Shanghai Merchants Association, exchanged souvenirs and took photos with representatives of both parties.
