Indonesia and China Secure Business Deals Worth US$2 Billion
Indonesia and China have secured business agreements worth US$2 billion (Rp 35.87 trillion) during a business forum held at the Coordinating Ministry for Economic Affairs in Jakarta. Indonesian Ambassador to China Djauhari Oratmangun stated that the forum brought together approximately 30 Chinese companies operating in future technology, innovation, renewable energy, and health sectors to meet with Indonesian partners. “I am here with around 30 companies from China engaged in future technology, innovation technology, renewable energy, energy transformation, and some in the health sector,” Djauhari said during a press conference on Thursday (23/7/2026). He noted that the forum successfully secured several new investment agreements expected to strengthen economic cooperation between the two nations.
Djauhari also reported that trade performance between Indonesia and China continues to grow, reaching approximately US$101 billion in the first half of this year, with Indonesia recording a surplus of US$5.6 billion. Total bilateral trade last year amounted to US$168 billion. Investment realisation from China into Indonesia has approached US$10 billion as of June, with expectations for continued positive growth through the end of the year. Beyond investment, cooperation extends to payment systems and the use of local currencies in trade transactions, with rupiah and yuan transactions increasing by over 200% from January to June 2026. Additionally, the QRIS payment system has been usable throughout mainland China since May.
Shinta Kamdani, Chairwoman of the Indonesian Employers Association (Apindo), expressed the private sector’s openness to partnership opportunities with Chinese companies. “We, as Indonesian business actors, are ready to cooperate and build partnerships with companies from China. China is a major trade and investment partner for Indonesia,” Shinta said. She emphasised the importance of continuing to support and identify challenges and opportunities alongside Chinese investors who have already established operations in Indonesia.