JAKARTA - The government continues to be committed to strengthening economic cooperation with various strategic partner countries, including China, through various efforts to increase trade, investment, and strategic projects that have a direct impact on job creation and added value in the country.
In commemoration of the 75th anniversary of diplomatic relations between Indonesia and China, Indonesia-China Business Reception 2025 was held in Jakarta.
This activity was organized by the Coordinating Ministry for Economic Affairs and aimed at strengthening and reaffirming the commitments of the two countries in building sustainable and mutually beneficial partnerships.
On this occasion, Coordinating Minister for Economic Affairs Airlangga Hartarto accompanied President Prabowo Subianto.
"I see that relations between Indonesia and China are very strategic, very important, and very promising, and can determine the state of peace and stability in our region," said President Prabowo Subianto.
Prabowo also appreciated noble values in Chinese civilization which emphasized the principle of mutual benefits and harmony.
In addition, Prabowo also appreciated China's role in Indonesia's development, including large infrastructure projects such as the Jakarta Fast Train and strategic industrial areas.
On the same occasion, the Prime Minister of the People's Republic of China, Li Qiang, emphasized that China and Indonesia are important players in the global economy.
Li Qiang called for the two countries to move into the future with a strong passion and determination, and emphasized the importance of cooperation and unity between countries.
The trade relationship between Indonesia and China remains strong with Indonesia's exports to China reaching 62.43 billion US dollars throughout 2024.
In terms of investment, China is the third largest foreign investor in Indonesia after Singapore and Hong Kong, with the realization of Foreign Investment (PMA) of US$8.1 billion in 2024.
In addition, the two countries have also extended the Bilateral Currency Swap Arrangement (BCSA) worth 400 billion Yuan or equivalent to Rp891 trillion, to facilitate bilateral trade and investment.
For information, the momentum of 75 years of cooperation between Indonesia and China also held an Indonesia's Partnership Exhibition which featured concrete achievements of bilateral cooperation.
The eight business-to-business (B2B) potential projects worth IDR 163 trillion are being explored, with the projection of creating more than 25,000 jobs for the Indonesian people, one of the main initiatives, namely the Two Countries Twin Park (TCTP) in the Batang Industropolis Special Economic Zone (KEK) with an investment value of IDR 60 trillion.
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During the meeting, Coordinating Minister for Economic Affairs Airlangga Hartarto also witnessed the signing of the MoU between PT SPC Supertone, Shanghai Sixmitted Technology Co. Ltd, and PT Zyrexindo Mandiri Buana organized by the Coordinating Ministry for Economic Affairs.
"The signing of this MoU can strengthen the collaboration between the three companies in the field of information technology and is expected to produce more competitive products," said Airlangga.
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