The CEO of the Indonesia Investment Authority recently stated that China-Indonesia economic cooperation is evolving from traditional resource complementarity to a higher level of industrial chain integration. The cooperation landscape has expanded from initial sovereign wealth fund collaboration to key areas such as electric vehicle batteries, healthcare, rare earths, and advanced materials. Citing a China-Indonesia joint venture battery component factory as an example, he noted that the factory's scale has quadrupled, reflecting strong market demand and the effectiveness of deep cooperation.
He also pointed out that a complete battery industry chain requires both leading companies like CATL and supporting production of key materials such as cathodes, anodes, and separators. Beyond continued deep engagement in technology, the two sides are accelerating expansion into emerging strategic areas such as healthcare, rare earths, and advanced materials. China plans to introduce more technology and capital to Indonesia and integrate Indonesia into its global market layout, injecting new impetus into the deep integration of supply chains and value chains between the two countries.
He stated that China-Indonesia economic cooperation has a solid foundation, with Indonesia long serving as an important market and supplier of various raw materials for China. This multi-dimensional, multi-level cooperation model not only brings new development opportunities for Chinese enterprises but also adds new momentum to Indonesia's industrial upgrading and economic growth.
The CEO of the Indonesia Investment Authority recently stated that China-Indonesia economic cooperation is evolving from traditional resource complementarity to a higher level of industrial chain integration. The cooperation landscape has expanded from initial sovereign wealth fund collaboration to key areas such as electric vehicle batteries, healthcare, rare earths, and advanced materials. Citing a China-Indonesia joint venture battery component factory as an example, he noted that the factory's scale has quadrupled, reflecting strong market demand and the effectiveness of deep cooperation.
He also pointed out that a complete battery industry chain requires both leading companies like CATL and supporting production of key materials such as cathodes, anodes, and separators. Beyond continued deep engagement in technology, the two sides are accelerating expansion into emerging strategic areas such as healthcare, rare earths, and advanced materials. China plans to introduce more technology and capital to Indonesia and integrate Indonesia into its global market layout, injecting new impetus into the deep integration of supply chains and value chains between the two countries.
He stated that China-Indonesia economic cooperation has a solid foundation, with Indonesia long serving as an important market and supplier of various raw materials for China. This multi-dimensional, multi-level cooperation model not only brings new development opportunities for Chinese enterprises but also adds new momentum to Indonesia's industrial upgrading and economic growth.