(Jakarta) On Wednesday, December 10, 2025, at 4:30 PM, Zhang Jinxiong, Chairman of Indonesian Chinese Entrepreneur Association, Zhou Weiliang, Secretary-General, Wang Zhenkun, member of the Supervisory Committee, Chen Xin, Xue Tianzeng, Lian Jiehao, Jiang Miaocheng, and Lin Zuoheng, Vice Chairmen, Shang Jiaxuan, Xu Changkuan, Xue Jingyong, and Chen Hongping, and other directors, welcomed Liu Xin, Chairman of Guangxi State-owned Capital Operation Group, Liang Yan, General Manager, Gan Depei, Director of the Office, and Su Siliang, General Manager of the Strategic Development Department, and others. The two sides exchanged views cordially, strengthened cooperation, and discussed future development.
Chairman Zhang Jinxiong pointed out that Indonesia, as the largest economy in ASEAN, achieved a GDP growth rate of 5.04% in the third quarter of this year, continuing its steady growth momentum. As the world's fourth most populous country, Indonesia currently has a total population of over 280 million, more than half of whom are young people under the age of 30, representing a significant demographic dividend and enormous consumer market potential.
Furthermore, Indonesia is one of the world's richest countries in mineral resources. It boasts the world's largest nickel reserves, accounting for 40%-45% of global reserves, and is the world's largest exporter of coal and palm oil. Its reserves of tin, bauxite, gold, silver, and copper are also among the world's highest. In recent years, the Indonesian government has actively promoted a downstream development strategy, transforming its resource advantages into industrial advantages, which has provided significant development opportunities for global entrepreneurs and investors.
Zhang Jinxiong stated that Indonesia has always valued friendly cooperation with China. Last year, bilateral trade reached US$147.8 billion, with China remaining Indonesia's largest trading partner for 12 consecutive years. During the same period, direct investment from mainland China, including Hong Kong, in Indonesia reached US$16.3 billion, making it Indonesia's second-largest source of foreign investment. Chinese enterprises are widely involved in Indonesia's mining, infrastructure, manufacturing, and new energy sectors, creating numerous jobs and driving economic growth, demonstrating the high complementarity and broad cooperation potential between the two economies.
Indonesia is a founding member of ASEAN, accounting for 40% of ASEAN's population, economic output, and land area, and plays a central role in ASEAN integration. Guangxi, as a crucial gateway to ASEAN for China, boasts a prominent geographical advantage and plays a key role in China-ASEAN cooperation.
Zhang Jinxiong pointed out that Guangxi State-owned Capital has accumulated substantial experience in modern agriculture, food processing, and cultural tourism, possessing rich expertise in industrial operations. This aligns perfectly with Indonesia's future development priorities—enhancing the added value of agricultural products, ensuring food security, and developing distinctive tourism—offering broad prospects for cooperation. We sincerely welcome Guangxi State-owned Capital to lead leading Guangxi enterprises to conduct in-depth investigations of the Indonesian market and jointly build this vibrant land.
Indonesian Chinese Entrepreneur Association will continue to uphold its founding principle of "uniting Chinese businesses and promoting Indonesia's economic development," fully leveraging its platform advantages to actively promote exchanges and cooperation between enterprises of both countries. Finally, we wish all guests a successful and fruitful trip to Indonesia.
Chairman Liu Xin introduced the overall layout and development direction of Guangxi State-owned Capital Operation Group. As a state-owned capital operation platform under the Guangxi provincial government, the group focuses on modern agriculture and the food industry, with businesses covering multiple sectors including the health industry, cultural tourism, real estate investment management, land consolidation services, and private equity fund management and proprietary investment. Liu Xin stated that Indonesia is one of the fastest-growing economies and has the greatest market potential in the region. Guangxi and Indonesia have significant complementary potential in agriculture, food processing, cross-border supply chains, and cultural tourism. He expressed hope that this visit would further strengthen practical cooperation.
Both sides held practical discussions on topics such as agricultural industry chain synergy, food processing base construction, product import and export, and project investment models. They reached a preliminary consensus on further cooperation and establishing a regular communication mechanism.
Liu Xin said that this visit marks an important step for Guangxi State-owned Capital Operation Group in expanding into the Southeast Asian market and promoting its "going global" strategy. It also injects new momentum into cooperation between China and Indonesia in agriculture, food, and cultural tourism.
