(Jakarta) Vice Chairman of Indonesian Chinese Entrepreneur Association Xue Tianzeng, Vice Chairman Xue Jingyong, Lin Songshi, Deputy Secretary-General Yang Xinsheng, Executive Director of the Youth Department Yao Hanbin and others welcomed the Fujian Digital Intelligence Industry Delegation, including Zhenbang Technology Group General Manager Miao Huajie, Ruijie Network Global Business General Manager Xia Guoqing, Yunrui Technology General Manager Zhang Xing and Secretary Chen Kuan at the club at 4:30 pm on Wednesday, February 19, 2025.
Vice Chairman of Indonesian Chinese Entrepreneur Association Xue Tianzeng said, good afternoon, first of all, on behalf of all members of Indonesian Chinese Chamber of Commerce, I would like to extend the warmest welcome and most sincere greetings to all the distinguished guests who have come from afar!
As the largest economy in Southeast Asia, Indonesia has rich natural resources and a huge demographic dividend. At present, Indonesia has a population of about 280 million, making it the fourth most populous country in the world, with a high proportion of young people, abundant labor resources and huge consumer market potential. In recent years, Indonesia's economy has maintained steady growth, with a total GDP of approximately US$1.4 trillion in 2024, maintaining a stable annual growth rate of more than 5% for many years.
In terms of the digital intelligence industry, the Indonesian government attaches great importance to digital transformation and has proposed the "Indonesia Digital Roadmap 2021-2024", which aims to enhance national competitiveness by developing the digital economy and promoting technological innovation. As an important market for Southeast Asia's digital economy, Indonesia has nurtured a number of Internet unicorn companies including Goto and Grab. The scale of Indonesia's digital economy has reached US$77 billion in 2022 and is expected to exceed US$130 billion by 2025. E-commerce, financial technology, cloud computing and artificial intelligence are developing rapidly, especially large cities such as Jakarta and Surabaya, which have become important hubs for digital innovation in Southeast Asia.
Xue Tianzeng said that Indonesia and China have a long history of economic and trade relations, and China has been Indonesia's largest trading partner and major source of foreign investment for many years. In the field of investment, Chinese companies have invested actively in Indonesia's infrastructure, energy, manufacturing and digital economy, injecting strong impetus into Indonesia's economic development. Especially in the field of digital economy, Chinese enterprises actively participate in Indonesia's digital transformation. For example, technology giants such as Alibaba and Tencent have extensive layouts in Indonesia's e-commerce and payment fields, which has promoted the construction of our local digital ecosystem. In addition, companies such as Huawei and ZTE have also played an important role in the construction of Indonesia's communication infrastructure, providing strong support for the development of Indonesia's 5G network.
Xue Tianzeng further pointed out that Fujian Province, as a major economic province on the southeast coast of China, is also the ancestral home of many Indonesian Chinese. We very much welcome the Fujian Province Digital Business Delegation to visit Indonesia frequently and bring Fujian Province's advanced experience in cross-border e-commerce, smart cities, industrial Internet and other fields to Indonesia to jointly explore Indonesia's vast market. Our Associatiom will, as always, play a good role as a bridge of communication between the two peoples and make new contributions to our economic and trade cooperation and cultural exchanges. Finally, I wish all guests a successful and fruitful trip in Indonesia.
Miao Huajie, general manager of Zhenbang Technology Group, pointed out that he thanked Vice Chairman Xue Tianzeng and other directors for their warm reception. He said that the purpose of this visit to Indonesia is to investigate the development of overseas enterprises, expand overseas markets and find cooperation opportunities. General Manager Miao also introduced the development history, technological innovation, product advantages and future development strategy of Zhenbang Technology Group. In addition, General Manager Miao also shared the company's experience in the internationalization process, especially how to strengthen cooperation with other countries and regions and promote common development under the "Belt and Road" initiative.
Xia Guoqing also introduced the development history of Ruijie Networks. Ruijie Networks is a leading provider of ICT infrastructure and industry solutions. The company is committed to deeply integrating technology and applications to creatively solve customer problems. As of now, Ruijie Networks has 8 major R&D centers around the world, with a total of more than 8,000 employees, and its business scope covers more than 90 countries and regions, serving governments, operators, finance, education, medical care, Internet, energy, transportation, commerce, manufacturing and other industries, helping customers in various industries to achieve digital transformation and value upgrades.
In terms of market performance, Ruijie Networks ranks third in China's Ethernet switch market share, third in China's data center switch market share, and first in China's enterprise-level WLAN market shipments. In addition, from 2019 to 2023, Ruijie Networks' Wi-Fi 6 product shipments ranked first for five consecutive years. Xia Guoqing said that through continuous technological innovation and in-depth scenario research, Ruijie Networks continues to provide efficient and reliable network solutions to customers in various industries to help digital transformation. After the exchange, the representatives of both sides exchanged souvenirs and took photos together.
