(Jakarta) Guangxi Council for the Promotion of International Trade Vice President Liu Shuyi, Office Director Wang Yicheng, Deputy Minister of Cooperation and Development Liu Pengfei, Third-level Director of International Conference Department Zhao Ping, Liaison Officer of the Secretariat of China-ASEAN Business and Investment Summit Zeng Xuexin and entrepreneurs visited Indonesian Chinese Entrepreneur Association at 2:30 pm on March 26, 2025 (Wednesday). They were warmly welcomed by Chairman Zhang Jinxiong, Secretary-General Zhou Weiliang, Supervisory Committee Member Chen Boyan, Vice Chairman Lin Songshi, Xue Jingyong, Deputy Secretary-General Yang Xinsheng, Chen Yongzhi, Honorary Chairman Liu Xinhua, Wu Hean, and Executive Director of the Youth Department Yao Hanbin.
Chairman Zhang Jinxiong said that as the largest economy in Southeast Asia, Indonesia is second to none in terms of resource endowment and economic size. Last year, Indonesia's GDP totaled approximately US$1.4 trillion, and the growth rate has remained above 5% for many years. As the world's fourth most populous country, more than half of the total population of 280 million are young people under the age of 30. The superior demographic dividend and huge consumer market have injected strong impetus into Indonesia's economic development.
Zhang Jinxiong said that Indonesia is currently accelerating its industrialization process, and manufacturing, digital economy, infrastructure construction and other fields have shown strong growth momentum. Especially in the digital economy, Indonesia's Internet penetration rate has reached 78%, and mobile payment users have exceeded 180 million. The cooperation between local technology giants such as Grab and GoTo and Chinese companies such as Alibaba and Tencent is reshaping the regional digital economy. In 2022, the scale of Indonesia's digital economy has reached 77 billion US dollars, with an average annual growth rate of more than 20%, making it one of the fastest growing markets in Southeast Asia.
In addition, Indonesia has also shown great potential in financial technology, digital logistics, smart city construction and other fields, providing a broad stage for investors.
Zhang Jinxiong pointed out that Indonesia has always attached great importance to friendly cooperation with China. Last year, the trade volume between the two countries reached 147.8 billion US dollars, mainland China's investment in Indonesia reached 8.1 billion US dollars, and Hong Kong's investment reached 8.2 billion US dollars. More and more Chinese companies are choosing Indonesia as their first stop to "go overseas" and expand the entire ASEAN market through Indonesia.
Guangxi, as China's "bridgehead" facing ASEAN, is the only province in China connected to ASEAN by land and sea, and its locational advantages are unique. In the past two days, we also participated in the investment promotion conference in Nanning, and felt the openness and efficiency of the Guangxi government, as well as the enthusiasm and expectations of Guangxi entrepreneurs to expand overseas business. We sincerely hope that everyone can stay in Indonesia for a few more days, deeply investigate Indonesia's investment, business environment and market potential, find partners of your choice in Indonesia, and jointly develop the vast Indonesian and even the entire ASEAN market.
Zhang Jinxiong said that Indonesian Chinese Entrepreneur Association will continue to give full play to the platform advantages of the Association, provide necessary assistance and support for everyone's cooperation, and contribute positive forces to promote the economic and social prosperity of Indonesia and Guangxi! Finally, I wish you all good health, prosperous career, a successful trip to Indonesia, and a fruitful harvest!
Vice President Liu Shuyi pointed out that the main purpose of this visit is to report to everyone that the 22nd CAEXPO will be held in Nanning, Guangxi from September 17 to 21, 2025. The 22nd CAEXPO will embrace the new era of artificial intelligence, highlight new business opportunities in nine fields such as digital economy, green economy, and supply chain interconnection, and set up AI Pavilion, New Quality Productivity Pavilion, Blue Economy Exhibition Area, etc. for the first time. Promote China and ASEAN to strengthen cooperation in new fields and new tracks, and inject new impetus into regional economic growth. And through this exchange, we sincerely invite entrepreneurs from Indonesian Chinese Entrepreneur Association to take time to attend the event.
