(Jakarta News) Cai Dongxiang, general manager of Guangzhou Poly Jinhan Exhibition Co., Ltd., Huang Lianfu, general manager of Fujian Anxi Jufeng Crafts Co., Ltd., Wu Feina, assistant to the general manager of Anxi County Yingfa Furniture Decoration Co., Ltd., Minhou County Hongwei Crafts Co., Ltd. General Manager - Zheng Jia and other "Guangzhou Jinhan Household Products and Gifts Exhibition" A group of 40 exhibitors visited Indonesian Chinese Entrepreneur Association at 2:30 pm on July 10, 2024 (Wednesday), and was welcomed by the General Chairman Zhang Jinxiong, Vice President General Chairman Chen Xin, Xue Tianzeng, Jiang Miaocheng, Vice Chairman Shangxuan, Yang Qingshun, Weng Hualing and other directors gave a warm welcome. The purpose of this delegation's inspection is mainly to understand the production status of local home crafts and other products in Indonesia and to meet with partners.
Zhang Jinxiong, General Chairman of Indonesian Chinese Entrepreneur Association, said, first of all, on behalf of Indonesian Chinese Entrepreneur Association, please allow me to express a warm welcome and sincere greetings to everyone!
Zhang Jinxiong said that as the largest economy in ASEAN and the only G20 member, Indonesia's GDP growth has remained above 5% for a long time. In the first quarter of this year, Indonesia's GDP growth rate reached 5.11%, becoming the highest growth rate in the first quarter in the past five years. In today's global economic context full of uncertainties, the Indonesian economy still shows strong resilience.
In addition, Indonesia also has the largest digital economy in Southeast Asia. In 2023, Indonesia's digital economy will reach US$82 billion, an 8% increase from the previous year. According to the Indonesian Ministry of Trade’s forecast, Indonesia’s digital economy will reach US$146 billion in 2025.
With the rapid development of Indonesia's digital economy and the growing middle class year by year, Indonesia has become a hot spot for global investment. "Going overseas to Indonesia" has also become the first choice for many Chinese companies.
According to data released by the Indonesian Ministry of Investment, in the first quarter of 2024, Indonesia's total investment reached 40.15 trillion rupiah, approximately 24.7 billion U.S. dollars, of which foreign investment was 20.44 trillion rupiah, approximately 12.57 billion U.S. dollars. Singapore is still Indonesia's largest source of foreign investment, with an investment of US$4.2 billion, followed by Hong Kong, China, with an investment of US$1.89 billion, and investment from mainland China, with an investment of US$1.87 billion. Investments are mainly concentrated in non-ferrous metals and automobiles. Industrial, building materials, electrical, food processing and other industries.
As a country with 40% of the ASEAN population and market share, we welcome more Chinese companies to go abroad, come to Indonesia to inspect, invest, and expand their business territory.
Zhang Jinxiong further pointed out that Indonesian Chinese Entrepreneur Association will, as always, act as a communication bridge between the chambers of commerce and enterprises of the two countries, provide necessary support and assistance for everyone's exchanges and cooperation, and jointly promote the development of our cooperation. Finally, I sincerely wish all entrepreneurial friends a prosperous career and great ambitions.
General Manager Cai Dongxiang pointed out that this delegation mainly comes from more than 30 exhibitors from Guangdong, Shandong, Shanghai and other provinces and cities. They are all representatives of foreign trade. We are very much looking forward to this exchange with Indonesian Chinese Entrepreneur Association. As China and Indonesia establish Driven by the comprehensive strategic partnership and the RCEP agreement, the popularity of the Indonesian market has continued to rise in recent years. As the largest economy in Southeast Asia, Indonesia is also famous for its huge demographic dividend and rich natural resources, and is in the global trade pattern. also occupy an increasingly important position.
She said that this time Poly Jinhan Exhibition Co., Ltd. visited Indonesia, on the one hand, it hopes to experience Indonesia’s customs, customs, and booming consumer market. On the other hand, I also hope that through exchanges and contacts with Indonesian Chinese Entrepreneur Association, I can better understand the local business environment and policies, find investment directions for all Chinese companies present, promote the market, and promote the docking and cooperation between Chinese and Indonesian companies. Cooperate, provide reference, and finally sincerely invite entrepreneurs from Indonesian Chinese Entrepreneur Association to visit Guangzhou for inspection and exchanges to further promote industrial cooperation and economic and trade exchanges and win a bright future together.
