(Jakarta) A delegation of entrepreneurs from the Hangzhou E-commerce Association, including Executive Chairman Qiu Haoqun, Rotating Chairman Jin Hongzhou, Vice Chairman Zhai Gangwei, Executive Vice Chairman and Secretary-General Zhang Youwen, and Vice Chairman Wang Junxiang, visited Indonesian Chinese Entrepreneur Association on Wednesday, January 14th, at 1:30 PM. They were warmly welcomed by Chairman Zhang Jinxiong, Secretary-General Zhou Weiliang, Vice Chairman Chen Xin, Treasurer Lin Wenxian, Honorary Chairman Chen Zhikun, and other directors, as well as Sun Qifeng, Executive Chairman of the Jiangsu Chamber of Commerce in Indonesia, and Secretary-General Chen Ying.
Chairman Zhang Jinxiong stated that since its re-establishment in 2001, Indonesian Chinese Entrepreneur Association has consistently adhered to its founding principle of "uniting Chinese businesses and promoting Indonesia's economic development." It has multiple branches in various provinces and cities across China, and its member companies cover manufacturing, mining, construction, logistics, finance, and retail sectors, actively promoting exchanges and cooperation between Indonesian Chinese businesses and those in China, ASEAN countries, and even other countries worldwide.
As the largest economy in ASEAN, Indonesia's GDP reached approximately US$1.4 trillion in 2024, with an economic growth rate consistently above 5%. Its population of approximately 280 million ranks fourth globally, with about 70% of its population aged 16-64, representing a significant demographic dividend and a vast consumer market. Indonesia is also rich in natural resources, being the world's largest exporter of coal and palm oil, and possessing the world's largest nickel ore reserves, providing a solid energy guarantee for its industrial development.
Zhang Jinxiong stated that in recent years, relations between Indonesia and China have continued to deepen, with increasingly close economic and trade cooperation. For example, in 2024, bilateral trade reached US$147.8 billion, with China remaining Indonesia's largest trading partner for 12 consecutive years. In terms of investment, China has become Indonesia's second-largest source of foreign investment, second only to Singapore. In 2024, direct investment from mainland China and Hong Kong in Indonesia reached US$8.1 billion and US$8.2 billion respectively, widely covering key areas such as infrastructure, manufacturing, and the digital economy, injecting strong momentum into Indonesia's industrial upgrading and economic development.
Looking to the future, the digital economy and new energy are key areas of Indonesia's national strategy, brimming with boundless opportunities. The government highly values digital transformation, actively promoting the development of industries such as e-commerce, digital payments, and fintech, and has introduced a series of related policies including tax incentives and simplified approval processes. The Omnibus Employment Law of 2020 opened up broader investment areas for foreign capital.
In the new energy sector, leveraging its globally leading resources in key minerals such as nickel and cobalt, Indonesia is striving to build a complete industrial chain from nickel ore mining and processing to battery manufacturing and electric vehicle assembly, aiming to become a major global base for electric vehicle and battery production. Global technology and capital are welcome to participate in cooperation.
Zhang Jinxiong pointed out that Hangzhou is China's "e-commerce capital" and innovation hub, achieving remarkable success in the digital economy, technological innovation, and artificial intelligence. We sincerely welcome everyone to visit Indonesia frequently, bringing advanced technologies and mature experience to Indonesia, combining them with our local market and development needs, and jointly developing this promising land.
Zhang Jinxiong further stated that Indonesian Chinese Entrepreneur Association will continue to play its role as a bridge and link, promoting economic and trade cooperation and cultural exchanges between the two countries, and providing necessary support and assistance for everyone's trip to Indonesia. He concluded by wishing everyone a successful and fruitful trip to Indonesia!
Executive Chairman Qiu Haoqun briefly introduced the Hangzhou E-commerce Association. He pointed out that Hangzhou is an important city for e-commerce in China. The association was established in 2002 and currently has more than 500 corporate members, including well-known figures such as Jack Ma and Ding Lei. The association has eight committees covering multiple fields such as AI applications, digital trade, and logistics. This visit to Indonesia aims to promote the development of the local electronics industry, seek cooperation with Indonesian companies, and hopes to receive the support of Indonesian Chinese Entrepreneur Association.
