Chinese Investments Going Global - In-depth Tour To Indonesia, Jointly Seeking A New Chapter in Sino-Indian Aquatic Cooperation

On November 11, the first "Chinese Investment Overseas - In-depth Tour to Indonesia" event was grandly opened in Jakarta, Indonesia. The event was jointly organized by the Indonesia-China Economic, Social and Cultural Cooperation Association and the China Chamber of Commerce for Import and Export of Food, Native Produce and Livestock. It focused on the large food industry and brought together nearly a hundred people from China's food, food ingredients, agriculture, forestry and fishery, logistics and trade investment fields. Representatives of several companies, as well as about 150 local Indonesian entrepreneurs, the event was reported by national-level media in China and Indonesia.

Indonesia has a population of 280 million, with a median age of less than 30 years old, and a vast consumer market. Rich resources such as coffee, marine fisheries, and tropical fruits provide sufficient and stable supply of raw materials for the food processing industry to "go overseas."

The President of the Indonesian Chinese Association said that Indonesia is rich in aquatic resources and has the advantage of being a raw material concentration center. He hopes that China will breed and process silver carp heads in Indonesia. At the same time, the chairman expressed a positive attitude towards the proposal of exporting Indonesian aquatic products to China.

With a population of 1.4 billion, China is the world's second largest economy and the world's largest consumer market. Data show that the country's total aquatic product production in 2023 will reach 71.1617 million tons, of which aquaculture production will be 58.0961 million tons, accounting for 81.6%, demonstrating China's strong production capacity; secondly, China's total aquatic product import and export volume in 2023 will be 10.5605 million tons tons, the total import and export volume was US$44.237 billion, and the import volume increased by 4.52% year-on-year, showing China's growing demand for aquatic products and huge development opportunities.

As the largest economy in ASEAN, Indonesia has a huge demographic dividend, abundant natural resources and a growing middle class. The economy maintains a growth rate of 5% and is considered one of the most important and dynamic markets in Southeast Asia. China is Indonesia's largest trading partner, largest export destination and import source. In recent years, bilateral trade between China and Indonesia has grown rapidly, and the total import and export trade has shown a significant upward trend. All this provides foreign trade enterprises with broad development space.

Driven by the wave of global economic integration, economic and trade cooperation between China and Indonesia is increasingly deepening, providing unprecedented development opportunities for enterprises in both countries. As the development of the domestic catering market gradually slows down, major chain restaurant companies and food ingredients companies have begun to expand overseas, making Southeast Asia, including Indonesia, the first stop for Chinese investment, and steadily opening up the overseas Chinese food market.