“Qingdao-Indonesia Investment Forum” Organized by the Group Convened on Schedule

From: 2016-06-15

On the afternoon of June 14, Qingdao-Indonesia Investment Forum was convened at Shanghai-La Hotel in Qingdao. Both sides made introduction on economy, trade and tourism, discuss cooperation and mutual development.

The Forum was hosted by the MOC, BKPM, Qingdao Municipal Government, Embassy of the People’s Republic of China in the Republic of Indonesia, Embassy of the Republic of Indonesia in the People’s Republic of China, co-hosted by Department of Asian Affairs, Ministry of Commerce of the PRC, CIPA, Qingdao Municipal Bureau of Commerce, and organized by Qingdao International Investment & Cooperation Promotion Bureau and Hengshun Zhongsheng Group.

Vice Mayor of Qingdao Municipal Government Liu Mingjun chaired the Forum. Deputy Secretary and Mayor Zhang Xinqi, Indonesia’s Ambassador to China Soegeng Rahardjo and Minister Counselor of Economic and Commercial Counselor’s Office of the Embassy of the People’s Republic China Wang Liping delivered speeches at the Forum.

Zhang Xinqi said that Qingdao, under "The Belt and Road” Initiatives, has become a key node in the economic corridor of new Eurasian continental bridge and strategic axis of city and maritime cooperation, embracing valuable opportunity and huge potential for cooperation with Indonesia. Through this Forum, he warmly welcomed friends from Indonesia to visit, invest and extend business in Qingdao, and supported Qingdao’ enterprises to expand and advance investment and trade in Indonesia in pursuit of development opportunities and bright future.

Soegeng Rahardjo stated that China and Indonesia boast a long history. Currently, Sino-Indonesia relationship has entered a new era of mutual benefits and understanding. The 21st Century Maritime Silk Road put forward by President Xi Jinping echoes with President Jokowi's Global Maritime Axis. The two countries share promising prospect of maritime cooperation. Embassy of the Republic of Indonesia in the People’s Republic of China will as always support bilateral economic exchanges, especially cooperation in field of trade, tourism and investment.

Wang Liping highlighted situation of investment and trade between China and Indonesia in recent five years and changes and advantages of investment environment in Indonesia in recent years, and proposed suggestions and views in terms of Chinese enterprises’ investment in Indonesia.

Later, Chairman of Hengshun Zhongsheng Group Jia Quanchen delivered a speech, in which he introduced situation of Hengshun Zhongsheng’s investment of minerals and industrial park in Indonesia, integration mode of operation of coal, electricity, road and port, pursuant concept of cooperation and win-win situation, management localization and corresponding support and approval, providing other Chinese enterprises to invest in Indonesia with relevant experience.


At last, Chairman of BKPM Franky Sibarani stated in his speech that China and Indonesia enjoy a relationship traced back thousand years ago. In recent years with increasing bilateral trade, Indonesia’s new investment guideline 2016 will be more open and competitive to create more favorable investment environment for investors in respect to policy, tax and improvement of investment service. Moreover, Indonesia, as per its development plan for next five years, will make great effort to develop power plants, ports, transportation and other infrastructures which display abundant investment opportunities.

At the second stage of the Forum, chaired by Deputy Director of Qingdao Municipal Bureau of Commerce Chunyu Xianli and Minister Counselor of Economic and Commercial Counselor’s Office of the Embassy of the People’s Republic China Wang Liping, Indonesian delegation  had conversation with part of enterprises. Hengshun Zhongsheng, as a key enterprise investing in Indonesia, attended and shared experience. Chairman Jia Quanchen said that Hengshun Zhongsheng has invested in Hengshun Zhongsheng for four years during which a well-established comprehensive industrial park was set up. He welcomes Chinese enterprises to invest in Indonesia and is willing to provide platform for common development. The conversation has achieved satisfying result.