中资快讯
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Chinese Mining Giant Suspends Several Nickel Production Lines in Indonesia
Affected by the sharp drop in nickel prices and weak global demand, Chinese mining giant Tsingshan Holding Group has suspended several production lines at its nickel industry hub in Indonesia since early May. The chairman of the Mining Engineering Division of the Indonesian En...
CATL's Indonesia Battery Project to Break Ground in June
The Minister of Energy and Mineral Resources recently revealed that the upstream-downstream integrated battery project by Chinese investor Contemporary Amperex Technology Co Limited (CATL) will hold its groundbreaking ceremony in June 2025. The project, with an investment of a...
Chinese Flavor Company Invests in Building Factory in Indonesia
Chinese food flavor manufacturer Huabao Flavours & Fragrances Co., Ltd. recently held a groundbreaking ceremony for a food seasoning factory in the Jababeka Industrial Estate in Bekasi, West Java, which will serve as its base for the Southeast Asian market. Huabao aims to stre...
Chinese Auto Parts Companies Enter Indonesian Market
PT Multi Medika Internasional Tbk (MMIX) recorded a 9.6% increase in sales in 2024 compared to the previous year, reaching IDR 191.99 billion. Its products MIUBaby and Miutiss have been well-received in the market due to innovation, achieving innovative results in the personal...
Chinese Auto Parts Companies Enter Indonesian Market
Chinese automotive chassis parts manufacturer GSP Automotive Group Wenzhou Co. Ltd. has partnered with PT Sanjusan Hazan Motor from Sumber Berkat Group to enter the Indonesian automotive market, while also celebrating GSP's 40th anniversary. On the occasion of GSP's 40th anniv...
Another Chinese Investor Plans to Join Indonesia's EV Battery Project
The Indonesian Investment Coordinating Board revealed that besides CATL and Zhejiang Huayou Cobalt Co., Ltd., there may be new Chinese investors participating in Indonesia's electric vehicle battery project. The investment plan is part of the IDR 162 trillion investment promis...
Chinese Enterprise Plans to Build International Green Industrial Park
Chinese company GEM Co. Ltd. plans to build an International Green Industrial Park (IGIP) in Morowali, Central Sulawesi, with an estimated investment of USD 8 billion (approximately IDR 129.74 trillion). The initial construction investment is USD 2 billion. The project focuses...
Premier Attends Symposium with Chinese Enterprises in Indonesia
On the afternoon of May 25 local time, Premier Li Qiang of the State Council attended a symposium with Chinese enterprises in Indonesia in Jakarta, with representatives from China Energy, Huawei, SAIC Motor, New Hope Group, Tsingshan Holding Group, TCL Technology Group, and ot...
Prabowo Agrees to Let Huayou Take Over Indonesia's Battery Project
President Prabowo recently chaired a closed-door meeting to accelerate downstream development of the domestic electric vehicle battery industry. During the meeting, it was decided that the project originally invested by LG consortium would be transferred to China's Huayou, wit...
Chinese Auto Brands See Growth in Indonesia Despite April Market Downturn
In April 2025, Indonesia's automotive market saw significant declines in both wholesale and retail sales, with wholesale down 27.8% month-on-month and retail down 25.5%. Most mainstream auto brands saw sales drop, such as Toyota, Daihatsu, and Honda, while Chinese brands BYD a...
Chinese Brands Dominate Indonesia's Smartphone Market in Q1
Market research firm released the top five smartphone brands in Indonesia for the first quarter of 2025. Xiaomi led with a 19.5% market share, followed by Transsion (17.4%), Oppo (16.5%), Samsung (16%), and Vivo (15.7%). Smartphone shipments for the quarter totaled 8.6 million...
Chinese-Funded Battery Company's Indonesia Phase II Project to Start Production This Year
BTR New Material Group has an operational anode material production capacity of 575,000 tons/year. Its Indonesia project with an annual capacity of 80,000 tons of anode material (Phase I) started production in 2024 and is currently ramping up; Phase II is expected to commence ...