(Jakarta News) Yan Jianjun, Chairman of Shanghai New Shanghai Business Association, rotating chairman Yu Zhuyun, Lin Zhong, Lin Wenru, Zhou Huiming, Hong Qinghua, Che Jianfang and other 28 entrepreneurs, September 5 (Thursday) 10 am At 30:00, we visited Indonesian Chinese Entrepreneur Association. Warmly welcomed by Chairman Zhang Jinxiong, Secretary-General Zhou Weiliang, Vice Chairman Lin Kexu, Xue Tianzeng, Chen Xin, Jiang Miaocheng and other directors, the two sides discussed their views on infrastructure construction, education, new energy, urban renewal, financial investment, cultural tourism/catering/sports Communicate with each other in entertainment, new retail, smart manufacturing, new materials, medical and health and other fields.
Chairman Zhang Jinxiong said, first of all, please allow me, on behalf of Indonesian Chinese Entrepreneur Association, to extend a warm welcome and sincere greetings to all guests.
Indonesia is the largest economy in Southeast Asia and the fourth most populous country in the world, with a total population of approximately 280 million, the median age is less than 30 years old, and the labor force aged 15-64 accounts for nearly 70% of the total population. The huge demographic dividend, rich natural resources, stable business environment, and open and friendly investment policies have made Indonesia, an emerging economy, an "investment hotspot" that has attracted much attention from international capital!
In an environment of global economic downturn and increasing uncertainty, Indonesia's economic development still maintains a long-term stable growth of more than 5%. Last year, Indonesia's GDP increased by 5.05% year-on-year, and its total GDP reached 208.924 trillion rupiah, which is approximately 1.39 trillion U.S. dollars. In the just-announced economic data of ASEAN countries in the first half of 2024, Indonesia continues to lead ASEAN countries with a total GDP of US$680.4 billion and a growth rate of 5.08%.
Indonesia has always attached great importance to exchanges and cooperation with China. China has been Indonesia's largest trading partner for 11 consecutive years. Last year, the bilateral trade volume between the two countries reached US$139.4 billion, an increase of nearly three times in ten years. At the same time, China's direct investment in Indonesia has also grown steadily. In 2023, direct investment from mainland China and Hong Kong in Indonesia will reach US$7.4 billion and US$6.5 billion respectively. China has also become Indonesia's second largest source of investment for many consecutive years. .
Over the years, we are also very happy to see many companies from China going abroad to invest and establish businesses in Indonesia. Currently, there are more than a thousand Chinese-funded companies in Indonesia, actively investing in infrastructure, industrial parks, Nickel mine, new energy and electric vehicle industry chain, etc. These investments not only promote local economic development in Indonesia and provide millions of jobs, but also provide Chinese companies with vast overseas markets and development opportunities.
Zhang Jinxiong said that today, Chairman Yan personally led a delegation to lead Shanghai entrepreneurs to our Indonesia. We are very happy and sincerely welcome all friends to invest and start business in Indonesia and jointly explore the fields of infrastructure construction, education, and new energy. , cooperation in medical 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 inspection and investment. Finally, I wish you all a successful trip to Indonesia and a fruitful harvest!
Chairman Yan Jianjun first thanked Indonesian Chinese Entrepreneur Association for its warm reception and careful arrangements. Indonesia is the second stop of our visit to ASEAN. We feel at home in Indonesia. We have gained a lot from this visit to Indonesia. On the 4th, we visited the Indonesian Investment Promotion Agency. In addition to having in-depth exchanges and inspections, we also signed a cooperation agreement. .
Yan Jianjun said that Indonesia and China have made great progress in economic and trade exchanges in recent years, and China's investment in Indonesia has also increased year by year. At present, ASEAN has become China's largest export region, ASEAN also has a large market, and Indonesia is As the largest economy in ASEAN, Indonesia is quite rich in resources. It has a huge demographic dividend and rich mineral resources including coal, which provides a lot of resources for Chinese companies to go overseas. Indonesia has also become the first choice for Chinese companies to go overseas. one of the countries,
He said that we hope that in the future, Chinese companies investing in Indonesia will receive strong support from the Indonesian Chinese Entrepreneur Association. In addition, it is also hoped that in the future, the Shanghai New Shanghai Chamber of Commerce can further strengthen cooperation with the Chinese General Chamber of Commerce in the fields of economy, trade, investment and other fields, and become a major strategic partner, for the cooperation of both members, and for the economic development of China and Indonesia. We would like to make greater contributions and welcome everyone to take the time to visit, visit, invest and start business in Shanghai.
