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Indonesian President Prabowo Attends China-Indonesia Business Forum, Group Chairman Chen Xuehua Invited to Participate

  • 2024-11-19

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On November 10, the China-Indonesia Business Forum was held in Beijing. Indonesian President Prabowo, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and Chairman of the All-China Federation of Industry and Commerce (ACFIC) Gao Yundong, and other leaders from both China and Indonesia attended the event. Representatives from the business communities of both countries gathered to discuss new opportunities for pragmatic economic and trade cooperation between China and Indonesia. Group Chairman Chen Xuehua was invited to participate in the forum.

▲ President Prabowo delivered a speech

President Prabowo delivered an enthusiastic speech, expressing Indonesia's welcome for Chinese investment to achieve shared prosperity and development, and his hope for lasting friendship between China and Indonesia. This is President Prabowo's first visit to China since taking office, reflecting the deep traditional friendship and high-level political trust between China and Indonesia.

▲ Chairman Gao Yundong delivered a speech

In his speech, Chairman Gao Yundong also expressed firm confidence and a beautiful vision for Sino-Indonesian cooperation. He stated that China is willing to work with all sectors in Indonesia to deeply implement the important consensus reached by the leaders of both countries, promote continuous breakthroughs in trade and investment cooperation, and jointly set an example of mutual benefit and win-win development among developing countries, a model for common development, and a vanguard of South-South cooperation.

▲ China-Indonesia Business Forum

▲ President Prabowo warmly met with representatives from both countries, including Chairman Chen Xuehua

In recent years, Sino-Indonesian relations have continued to maintain a strong momentum of development, entering a new stage of building a community with a shared future. Following President Prabowo's inauguration, Indonesia's national development will also usher in new opportunities. As a world-renowned resource-rich country, Indonesia boasts abundant nickel ore reserves. With the booming global electric vehicle industry, nickel, as a key raw material for battery manufacturing, has become increasingly strategically important. Huayou, from its green nickel refining plant to the production of battery precursors and cathode materials downstream, not only accurately meets the growing demand of the global electric vehicle industry but also aligns with President Prabowo's strategy of downstreaming and industrialization of the industrial chain. This has not only brought advanced production technology and management experience to Indonesia but also significantly increased the added value of the industry, created a large number of high-quality job opportunities, and strongly promoted the sustained rapid growth of the Indonesian economy, achieving deep integration and coordinated development of resources, industries, and the economy.

▲ President Prabowo shade hands warmly with Chairman Chen

In Indonesia, Huayou has built a world-class laterite nickel ore hydrometallurgical project, established Indonesia's first Huayou-invested factory for new energy lithium battery ternary materials, and is actively creating a world-class lithium battery industrial park. Huayou has successfully launched a joint metallurgical engineering master's program in Indonesia with Huayou Cobalt, the Indonesian Ministry of Maritime and Investment Affairs, and Northeastern University, accelerating talent cultivation and localization in Indonesia, and promoting Sino-Indonesian technological and cultural exchanges to new heights. Indonesia is not only the convergence point of the “Belt and Road” Initiative and the company's transformation path but also the main battlefield for the company's second entrepreneurship. The projects have taken deep root in Indonesia. Huayou always takes the projects as the foundation, building a bridge for cultural exchange, talent cultivation, and technological exchange between China and Indonesia, deepening mutual trust, moving forward steadily, and growing together with the Indonesian people, jointly advancing towards the broad prospects of the new energy industry.

Huayou firmly adheres to and deepens the investment philosophy of "wherever we invest, we must contribute to the local economy and society", enhancing the well-being of the local population in Indonesia. Through concrete actions, Huayou practices the concept of building a community with a shared future for mankind, remembering the earnest instructions of the leaders of both countries, contributing Huayou's strength to the local socio-economic development in Indonesia, and writing a more glorious green future for the “Belt and Road” Initiative.

▲Chairman Chen with Chinese and Indonesian Entrepreneurs

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