(Jakarta) A 32-member economic and trade delegation led by Sheng Chong, Director of the Foreign Trade Development Division of the Jilin Provincial Department of Commerce, and Liu Jinsheng, Deputy Director, including Wang Haibo, General Manager of Changchun Zhongke Yinghua Special Materials Co., Ltd. and He Jia, Sales Manager of the International Department, Li Xin, Foreign Trade Manager of Jilin Botu Trading Co., Ltd. and Liu Dong, Technical Manager, Xue Ligang, General Manager of Tonghua Jincheng Petroleum Machinery Co., Ltd., Han Jitong, Sales Manager, and Jin Taifu, Sales Manager, Feng Yuan, Chairman of Jilin Dongchao Technology Co., Ltd., and Wang Jing, Vice President of the Group, visited Indonesian Chinese Entreprener Association at 2:30 pm on Thursday, May 6, 2025, and was warmly welcomed by Vice Chairman Xue Tianzeng, Chen Xin, Secretary-General Zhou Weiliang, and Forever Honorary Chairman Chen Zhikun and other directors.
Vice Chairman Xue Tianzeng said that Indonesia is the largest economy in Southeast Asia with abundant natural resources. It has the largest nickel reserves in the world and is also the world's largest exporter of coal and palm oil, which has laid a solid resource foundation for Indonesia's economic development. Indonesia has a current population of 280 million, the fourth most populous country in the world, 70% of whom are of working age. The superior population structure also provides abundant human resources for the sustained growth of Indonesia's economy. In the first quarter of this year, Indonesia's GDP growth rate reached 4.87%, and household consumption contributed more than 50% to GDP, showing good resilience and potential for sustainable development.
Indonesia and China have been friendly neighbors across the sea since ancient times. In 2024, the trade volume between the two countries reached US$147.8 billion, and China has been Indonesia's largest trading partner and second largest source of foreign investment for many consecutive years. In 2024, mainland China's direct investment in Indonesia reached US$8.1 billion, and Hong Kong's investment in Indonesia reached US$8.2 billion, covering infrastructure, manufacturing, digital economy, new energy and other fields, especially in electric vehicles and new energy industries. The cooperation projects between the two sides include several milestone projects such as the Jakarta-Bandung high-speed railway, port and dam construction under the "Belt and Road" initiative, which demonstrate the depth and breadth of the economic cooperation between the two countries.
Xue Tianzeng said that the current global trade environment is complex and changeable, tariffs and trade frictions are frequent, and international trade is full of uncertainty. In this context, it is particularly important to expand overseas diversified markets. Indonesia has a vast consumer market, abundant labor resources, increasingly improved infrastructure, and a stable and good business environment and policies. We sincerely welcome entrepreneurs to visit Indonesia often, sightseeing, and investing. We believe that only through open cooperation and deepening mutual trust can we jointly respond to global economic challenges and achieve mutual benefit, win-win and sustainable development.
Xue Tianzeng further pointed out that Jilin Province is an important industrial base and agricultural province in China. It has rich talent resources and a good industrial foundation. In recent years, it has made remarkable achievements in foreign trade and investment cooperation. I hope that all Jilin entrepreneurs and friends will be able to have a deep understanding of the Indonesian market, find like-minded partners, and work together to open up the ASEAN market with a population of nearly 700 million! Finally, I wish the Jilin Provincial Delegation a fruitful trip to Indonesia.
Director Sheng Chong pointed out that Jilin Province is located in the middle of Northeast China. The province covers an area of 187,400 square kilometers and has a permanent population of 24,073,453. As an important old industrial base in China, Jilin Province has a relatively developed processing and manufacturing industry, with five key industries: automobile, petrochemical, food, equipment manufacturing, and medical health. The automobile and high-speed rail manufacturing fields are at the national leading level.
Jilin Province is located in the world-famous "Golden Corn Belt" and "Golden Rice Belt". It is an important commercial grain production base in China. The per capita grain possession, grain commodity rate, grain transfer volume and corn export volume have ranked first in the country for many years.
Director Sheng Chong said that Jilin Province is also a pilot province for ecological construction in China, with 51 nature reserves of various types, accounting for 13.56% of the province's land area. Changbai Mountain Nature Reserve has been identified by the United Nations as a "Man and Biosphere" nature reserve, and is the habitat of internationally endangered wild animals such as the Siberian tiger and the Oriental white stork. Members of Indonesian Chinese Entreprener Association are welcome to take time to visit Jilin Province, sightsee, investigate, and invest in business.
