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TikTok Reportedly Plans to Enter Southeast Asia's Online Travel Agency Market
Chinese Investment News 2024-07-19

TikTok Reportedly Plans to Enter Southeast Asia's Online Travel Agency Market

TikTok, the social commerce platform from China, stated that it currently has no plans to acquire any Indonesian online travel technology (OTA) company. It also did not respond to rumors about expanding into flight, restaurant, and hotel booking services.According to reports, ...

The Success Story of a Chinese Team Building Indonesia's Largest Ice Cream Brand
Chinese Investment News 2024-07-18

The Success Story of a Chinese Team Building Indonesia's Largest Ice Cream Brand

AiXue, Indonesia's largest ice cream brand, was built by a team from China? Yes, that's correct. It is also the brand founded in 2015 by Mr. Wang Jiacheng and his team, who were special guests on the CCTV-2 talk show "Departure to Indonesia" aired in July. Today, Manager Wang ...

Leading Chinese State-Owned Enterprise Supports AI Development in Indonesia
China Investment News 2024-07-12

Leading Chinese State-Owned Enterprise Supports AI Development in Indonesia

On July 5, during the 2024 World Artificial Intelligence Conference (WAIC), China Mobile held an ecological forum themed "AI Empowerment, Creating the Future." At the forum, China Mobile officially signed an agreement with Indonesia's Sinar Mas Group to establish a joint AI la...

GAC Aion to Launch Three Electric Vehicles in Indonesia This Year
China Investment News 2024-07-06

GAC Aion to Launch Three Electric Vehicles in Indonesia This Year

【Kompas News】On July 6, 2024, Aion announced the launch of three new electric vehicles in the Indonesian market by the end of this year. Aion is a company dedicated to the production and sales of electric vehicles, and these new models aim to meet the growing demand of Indon...

Chinese Company Sets Global Record for Largest Single Excavator Order in Indonesia
Chinese Investment News 2024-07-05

Chinese Company Sets Global Record for Largest Single Excavator Order in Indonesia

Jhonlin Group, a company owned by Andi Syamsuddin Arsyad (also known as Haji Isam), purchased thousands of excavators from Chinese heavy equipment manufacturer SANY Group. The purchase was made directly by Haji Isam in Shanghai, China, on Wednesday, June 26, 2024. The purchase...

Huagang Group Launches First Overseas Factory Project in Indonesia
Chinese Investment News 2024-06-30

Huagang Group Launches First Overseas Factory Project in Indonesia

On June 21, 2024, Huagang Group launched its first overseas factory project in Semarang, Indonesia. This marks a new milestone in the group's overseas market expansion and will also fill the gap in Indonesia's high-end functional elastic chemical fiber fabric manufacturing. As...

PetroChina Takes Multiple Measures to Ensure Natural Gas Supply in Indonesia
Chinese Investment News 2024-06-25

PetroChina Takes Multiple Measures to Ensure Natural Gas Supply in Indonesia

Cooperation Contractor (KKKS) PT PetroChina International Jabung Ltd (PCJL) continues its efforts to secure Indonesia's natural gas supply, particularly to meet industrial demand and household natural gas networks (jargas).This is part of PetroChina's efforts, one of which inc...

This Chinese Company is Not Allowed to Enter the Indonesian Market
Chinese Investment News 2024-06-24

This Chinese Company is Not Allowed to Enter the Indonesian Market

The Director General of Domestic Trade at the Ministry of Trade revealed that the e-commerce platform Temu has not yet obtained a permit to operate in Indonesia.This Chinese e-commerce platform is considered potentially disruptive to the market and could affect the country's m...

Chinese Enterprises Invest IDR 13 Trillion in East Kalimantan
Chinese Investment Updates 2024-06-23

Chinese Enterprises Invest IDR 13 Trillion in East Kalimantan

The Acting Governor of East Kalimantan (Kaltim) stated that a Chinese company is ready to invest IDR 13 trillion in East Kalimantan. He also made an official visit to China from June 19 to 22, 2024. The company interested in investing is from Anhui, China, and is interested in...

Four Major Chinese Automakers Help Indonesia Become an Export Hub for Environmentally-Friendly Cars
China Investment News 2024-06-17

Four Major Chinese Automakers Help Indonesia Become an Export Hub for Environmentally-Friendly Cars

The Minister of Industry, together with four Chinese electric vehicle companies, namely Neta, Wuling, Chery, and Sokon, plans to make Indonesia an export-oriented production center for environmentally-friendly cars.The government has set a target of producing 600,000 electric ...

Major June News: Xia Shang Zhou Industrial City Makes Its First Debut!
Chinese Business Updates 2024-06-04

Major June News: Xia Shang Zhou Industrial City Makes Its First Debut!

Located in the northern coastal area of Serang City, Banten Province, West Java, the Xia Shang Zhou Industrial City project is 70 km from downtown Jakarta, 12 km from downtown Serang (capital of Banten Province), 9 km from the highway, 54 km from Soekarno-Hatta Airport, 76 km ...

Shopkeeper Says: Why BYD and Yadea Both Chose Indonesia
Chinese Investment News 2024-05-22

Shopkeeper Says: Why BYD and Yadea Both Chose Indonesia

BYD and Yadea, two leading Chinese electric vehicle companies, both chose to establish factories in Indonesia in May. What is the significance behind this? Let us explore this topic in detail: First, Indonesia, as the world's fourth-largest consumer market, has a population of...