Indonesia and China are fortifying their economic alliance as bilateral trade reaches a notable $154 billion, a significant leap from approximately $8 billion. This expansion highlights growing cooperation in areas such as investment, technology, and sustainable development. Former Indonesian Ambassador to China Sudrajat emphasized the rapid trade growth at a forum in Jakarta, mentioning that trade had risen to $20 billion by 2010 before escalating to its current level. China has emerged as Indonesia’s largest trading partner, with trade between China and the Association of Southeast Asian Nations (ASEAN) also witnessing substantial growth.
Sudrajat stressed the importance of enhancing people-to-people relations alongside economic ties, advocating for practical cooperation that benefits local communities. He pointed out disaster management as a potential collaboration field, considering Indonesia’s vulnerability to natural disasters such as floods, forest fires, earthquakes, and landslides. China’s expertise in disaster prevention and emergency response could aid Indonesia in boosting its disaster preparedness and response capabilities.
The collaboration between Indonesia and China extends beyond traditional trade and investment, delving into the digital economy, artificial intelligence, renewable energy, and green development. Guan Kejiang, a Chinese media executive, identified opportunities to align China’s development priorities with Indonesia’s Golden Indonesia 2045 Vision, which aims to transform Indonesia into a developed economy by its centenary of independence.
Guan also highlighted the necessity of maintaining regional stability and fostering international cooperation amid geopolitical tensions and increasing protectionism. Referring to the 1955 Bandung Conference, he noted the ongoing significance of solidarity and cooperation among developing nations.
Chinese diplomat Zhou Kan described both Indonesia and China as influential developing economies and key members of the Global South, actively participating in international forums such as BRICS, the G20, and the Asia-Pacific Economic Cooperation (APEC) forum. Zhou highlighted the strengthening of bilateral relations through increased political trust, economic integration, and cultural exchanges.
Indonesian investment adviser Noor Sona Maesana Mushonnif highlighted the impact of the comprehensive strategic partnership on Indonesia’s mining, electric vehicle, and manufacturing sectors. He advocated for further cooperation in renewable energy, agriculture, maritime industries, and high-value-added manufacturing. Discussions at the forum underscored both countries’ interest in expanding their partnership beyond traditional trade, focusing more on technology, sustainable growth, industrial development, and regional cooperation.