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 announced it will continue building coal-fired power plants until 2027, aiming to meet peak electricity demand in some regions, ensure grid stability, and serve as a supplement to new energy. This is because China's coal consumption is expected to peak only by 2028, later than previously anticipated. In March 2025, China's coal imports dropped 6% year-on-year to 38.73 million tons, mainly due to high port
China Becomes Indonesia's Main Export Market for Coconuts
Advantages of China's Manufacturing Relocation to Indonesia
E-commerce Growth in Indonesia Drives Construction of Industrial Parks and Warehouses
Guangxi and Indonesia Strengthen Cooperation in AI Field
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 foreign exchange procedures, long review cycles, and potential exchange rate risks. Some enterprises even encounter unnecessary legal and financial risks due to relying on unofficial channels. This cooperation undoubtedly provides these enterprises with a compliant, safe, fast, and low-cost one-stop foreign exchange
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 neighboring countries, promote industrialization, and enhance international competitiveness. The park is located at the central hub of Central Java Province on Java Island, with a comprehensive sea, land, and air transportation network that is still being improved; within a 100-kilometer radius, multiple logistics hubs gather, forming a three-dimensional logistics network that helps enterprises reduce costs and increase efficiency. The Indonesian government provides preferential policies such as simplified approval processes and corporate income tax reductions for enterprises. China-Indonesia
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 plantations and packaging facilities. This inspection may determine whether the "durian export cooperation" can proceed. Indonesia's Ministry of Agriculture has designated 422 villages to focus on durian cultivation. Currently, most Indonesian durians are sold domestically, and the export supply chain is not as mature as that of existing suppliers in the Chinese market. Some believe that export standards and quality are insufficient, and regulations and export licenses are needed. Frozen durian may be a more viable option.
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 Sartika, a member of Pusbarindo, and Herry Thio, an importer with 25 years of experience, both applied for RIPH on January 8 but were rejected on the grounds that quotas were full. About 300 business participants applied for RIPH but none were approved. Five long-term importers stated that privileged importers trading licenses have caused garlic prices to soar in the market.
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 cooperation and investment potential in Indonesia. He stated that LG Group's support for Indonesia's EV ecosystem and clean energy development is very important and hoped to further strengthen it. Both parties agreed that Indonesia has great potential for EV development, despite the challenges of declining global demand. The LG Chem representative expressed gratitude for the Indonesian government's support and emphasized Indonesia as a strategic partner. LG Chem introduced its
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 unveiling ceremony of the Batang Industrial City Special Economic Zone, PT Kawasan Industri Terpadu Batang (PT KITB) signed a memorandum of understanding with CSCEC. The cooperation was witnessed by Indonesia's Coordinating Minister for Economic Affairs and the Chinese Ambassador to Indonesia. TCTP is a bilateral cooperation project started in 2021, aiming to
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 exceeding USD 2 billion and providing nearly 4 million jobs, though licensing issues still need improvement. The government's goal is to finalize the Indonesia-EU Comprehensive Economic Partnership Agreement to increase textile exports to the European market and enhance global competitiveness. In addition, the government has prepared an investment subsidy program of IDR 20 trillion for machinery revitalization in labor-intensive industries such as textiles, with an eight-year credit term and a 5% government-subsidized interest rate to improve production efficiency. The National Economic Council