From Xinhua News Agency

‘We are very glad to cooperate with Chinese investors. They not only bring investment, but also bring technology, which can increase the added value of the entire industrial chain, to meet the demands of the global market.’ On 24th September, at the Indonesia-China Investment Conference held in Nantong, Nurul Ichwan, the Deputy Minister for Investment Promotion at Indonesia's Ministry of Investment, promoted the investment opportunities of Indonesia to participating guests.

Nurul introduced that China's rapid economic development and its global leadership in many areas of technology complement Indonesia’s advantages. ‘Indonesia is rich in natural resources. We hope that Chinese investors can participate extensively in the development.’

Nurul hopes that Chinese investors can pay more attention to the potential opportunities in fields including digital economy, green and marine economy, infrastructure construction, creative economy, fisheries and downstream industries.

In 2023, the import and export trade volume between Nantong and Indonesia exceeded 8 billion yuan. ‘Nantong and Indonesia have maintained close cooperation for a long time. Well-known Indonesian enterprises such as Sinar Mas Group have settled in Nantong. Leading enterprises including Nantong Zhongtian Technology and Lianfa Textile have also developed actively in Indonesia.’ Zhang Tong, Mayor of Nantong, introduced.

People in charge of Longxin Construction Group and Nantong Si Jian Construction Group stated that the infrastructure and housing construction plans of the new capital of Indonesia would create a lot of investment cooperation opportunities. They hope that this exchange conference will build a bridge for enterprises and help the ‘construction iron army’ go global.

Zhongtian Technology Group founded a company in Indonesia in 2017, and achieved localized production. ‘In the next 3 years, the sales of the Indonesian office of Zhongtian Technology will exceed 1 billion yuan. There will be 500 new job posts. We will focus on improving the supply chain capabilities of the local cable industry.’ Xue Chi, the President of Zhongtian Technology, said.

The investment conference was hosted by Indonesia's Ministry of Investment, held by Xinhua News Information Center and Xinhua News Agency Jiangsu Branch. Executives from more than 100 enterprises from places all over the state participated.