Indonesia and China are enhancing their economic cooperation as bilateral trade between the two nations has surged significantly, reaching $154 billion. This growth marks a considerable increase from about $8 billion, with trade figures reaching $20 billion by 2010. Former Indonesian Ambassador to China, Sudrajat, discussed this rapid trade expansion during a forum in Jakarta, highlighting the growing partnership in investment, technology, and sustainable development. China has now become Indonesia’s largest trading partner, with trade between China and the Association of Southeast Asian Nations (ASEAN) also seeing substantial growth.
Sudrajat emphasized the importance of complementing economic ties with stronger people-to-people relationships and practical cooperation that provides tangible benefits to local communities. He pointed to disaster management as a key area for collaboration, given Indonesia’s vulnerability to natural disasters such as floods, forest fires, earthquakes, and landslides. China’s expertise in disaster prevention and emergency response could significantly bolster Indonesia’s capabilities in these areas.
Beyond trade and investment, Indonesia and China are increasingly cooperating in the digital economy, artificial intelligence, renewable energy, and green development. Guan Kejiang, a Chinese media executive, noted the potential for aligning China’s development priorities with Indonesia’s Golden Indonesia 2045 Vision, which aims to elevate the country to a developed economy status by its centenary of independence. He also underscored the importance of maintaining regional stability and strengthening international cooperation, especially amid geopolitical tensions and rising protectionism.
Chinese diplomat Zhou Kan described Indonesia and China as influential developing economies and vital members of the Global South. Both countries actively participate in international forums such as BRICS, the G20, and the Asia-Pacific Economic Cooperation (APEC) forum. Zhou pointed out that bilateral relations have been bolstered by stronger political trust, deeper economic integration, and expanding cultural and people-to-people exchanges.
Indonesian investment adviser Noor Sona Maesana Mushonnif highlighted the significant impact of the comprehensive strategic partnership on Indonesia’s mining, electric vehicle, and manufacturing industries. He advocated for further collaboration in renewable energy, agriculture, maritime industries, and high-value-added manufacturing. The discussions at the forum underscored a mutual interest in broadening the partnership beyond traditional trade, with a greater emphasis on technology, sustainable growth, industrial development, and regional cooperation.