(Jakarta News) A 63-member economic and trade delegation led by Xu Ningning, Chairman of the RCEP Industrial Cooperation Committee, including Cao Longcan, Director of the Standing Committee of the People's Congress of Xuancheng City, Anhui Province, Xue Bing, Vice Mayor of Bozhou City, Anhui Province, and Executive Vice President of the China Building Materials Machinery Industry Association President and Secretary-General Wang Yumin and others visited Indonesian Chinese Entrepreneur Association at 2:00 pm on May 29, 2024 (Wednesday). They were greeted by General Chairman Zhang Jinxiong, Secretary-General Zhou Weiliang, Supervisory Committee Member Chen Bonian, and Vice Chairman Xue Tianzeng, Lian Jiehao, Chen Xin and other directors gave a warm welcome.
Zhang Jinxiong, General Chairman of Indonesian Chinese Entrepreneur Association, said in his speech that first of all, on behalf of Indonesian Chinese Entrepreneur Association, I would like to extend a warm welcome and sincere greetings to all the guests! In 2023, Indonesia's total domestic and foreign investment will reach 1,418 trillion rupiah, approximately US$90.2 billion, a year-on-year increase of 17.5%, of which foreign direct investment will reach 744 trillion rupiah, approximately US$47.3 billion, a year-on-year increase of 13.7%. China, with US$7.4 billion, continues to be Indonesia's second largest source of investment. Last year, the bilateral trade volume between the two countries reached US$139.4 billion, and China has been Indonesia's largest trading partner for 11 consecutive years.
Zhang Jinxiong said, I believe that these figures truly reflect the "heat" of Indonesia. At a time when global economic uncertainty continues to increase, actively safeguarding the development rights and interests of developing countries is maintaining the foundation of global economic stability!
This year is the first anniversary of the official entry into force of RCEP (Regional Comprehensive Economic Partnership Agreement) in Indonesia. Today, all entrepreneurs and friends from various provinces and cities in China have come to Indonesian Chinese Entrepreneur Association. We are very happy and very welcome. All entrepreneurs and friends will Bring China's advanced technology, excellent management experience and resources to Indonesia, make good use of the preferential policies of RCEP, invest in Indonesia, and share the opportunities of Indonesia's economic and social development. We believe that over time, the rewards Indonesia will bring to everyone will be huge. In the next few years, Indonesia will continue to expand its advantages and develop vigorously, and ultimately realize the "2045 Golden Indonesia Vision" planned by our Indonesian government! Finally, I wish you all a successful and fruitful trip to Indonesia.
Xu Ningning, chairman of the RCEP Industrial Cooperation Committee, pointed out that Indonesia is the largest economy in China and ASEAN, and Indonesian Chinese Entrepreneur Association has also made special positive contributions in promoting the economic and trade development between China and Indonesia. Chinese companies want to establish business relationships in Indonesia, understand business information, and We need business channels, and we hope to use the Indonesian Chinese Entrepreneur Association as a bridge.
If entrepreneurs from Indonesian Chinese Entrepreneur Association want to develop the Chinese market, or want to attract investment, or want to develop cooperative relations with Chinese entrepreneurs, our visit this time can further promote trade cooperation with Indonesia and make Indonesian Chinese Entrepreneur Association as a bridge. I also hope that entrepreneurs from Indonesian Chinese Entrepreneur Association will take time to conduct inspection visits to relevant provinces and cities in China, or participate in relevant business activities held locally. Those who came to Indonesian Chinese Entrepreneur Association today are all representative Chinese companies, including China Building Materials Machinery Industrial associations, Taizhou Electric Vehicle Industry Association, etc. hope that Indonesian Chinese Entrepreneur Association can improve the relationship with these business associations, improve the efficiency of cooperation between the two parties, and carry out more targeted cooperation. I believe this is the common expectation of China and Indonesia, and improve The efficiency of cooperation between the two parties is high. Finally, entrepreneurs from Indonesian Chinese Entrepreneur Association are welcome to take the time to visit China, go sightseeing, inspect, and invest in business.
