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China's Construction of Coal-Fired Power Plants Pushes Up Coal Prices
Industry News 2025-04-19

China's Construction of Coal-Fired Power Plants Pushes Up Coal Prices

Driven by news of China's planned construction of coal-fired power plants, coal prices in Newcastle and Rotterdam rose for different months. For example, Newcastle April coal price rose to $95.5/ton, and Rotterdam April price rose to $103.65/ton. The Chinese government announc...

Strong Alliance! Qiandao Enterprise Services Partners with Renowned Cross-Border Financial Services Platform XTransfer
Industry News 2025-04-09

Strong Alliance! Qiandao Enterprise Services Partners with Renowned Cross-Border Financial Services Platform XTransfer

On April 3, Qiandao Enterprise Services and XTransfer, a financial services platform focusing on B2B cross-border trade payments, held a cooperation signing ceremony in Guangzhou. For a long time, Chinese enterprises conducting business in Indonesia have often faced complex fo...

China-Indonesia Cooperation to Vigorously Develop Indonesia's Version of Shenzhen
Industry News 2025-04-07

China-Indonesia Cooperation to Vigorously Develop Indonesia's Version of Shenzhen

The Batang Industrial Park in Central Java Province, formerly the Batang Integrated Industrial Zone, was once a wilderness. It started operations in 2022 and was upgraded to a Special Economic Zone in 2025. The Indonesian government hopes to narrow the economic gap with neighb...

Indonesian Durian to Enter Chinese Market Soon
Industry News 2025-04-04

Indonesian Durian to Enter Chinese Market Soon

Indonesia's durian industry is gradually approaching entry into the lucrative Chinese market, with Chinese officials conducting an audit in March as part of the agreement. Officials from China's General Administration of Customs visited Indonesia to assess local durian plantat...

Garlic Import Quota Monopoly Drives Price Surge in Indonesia
Industry News 2025-03-30

Garlic Import Quota Monopoly Drives Price Surge in Indonesia

In 2025, long-established garlic importers in Indonesia failed to obtain import quotas, forcing them to purchase quotas from shell companies allegedly controlled by a few privileged importers, incurring an extra cost of 7,000 to 8,000 rupiah per kilogram. For example, Jaya Sar...

Indonesia and LG Strengthen Cooperation in Clean Energy and Electric Vehicles
Industry News 2025-03-25

Indonesia and LG Strengthen Cooperation in Clean Energy and Electric Vehicles

The Coordinating Minister for Economic Affairs received the Executive Vice President of LG Chem Advanced Materials Company and his delegation at the Coordinating Ministry office. They discussed opportunities and challenges in the electric vehicle sector, as well as LG Chem's c...

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China-Indonesia Cooperation Promotes the Two Countries, Twin Parks Project
Industry News 2025-03-24

China-Indonesia Cooperation Promotes the Two Countries, Twin Parks Project

The Batang Industrial City Special Economic Zone (KEK Industropolis Batang) in Central Java Province has partnered with China State Construction Engineering Corporation (CSCEC) to develop an industrial park through the "Two Countries, Twin Parks" (TCTP) project. During the unv...

Indonesian Government Encourages Textile Industry Investment with Multiple Measures
Industry News 2025-03-22

Indonesian Government Encourages Textile Industry Investment with Multiple Measures

Indonesia is committed to strengthening its domestic textile industry through various initiatives. The Coordinating Minister for Economic Affairs emphasized that the textile and textile products industry makes a significant contribution to the national economy, with exports ex...