中资快讯
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Chery Predicts Only a Few Brands Will Survive in Indonesia's Auto Market
As interest in electric vehicles grows in Indonesia, market competition is becoming increasingly fierce. Over the past five years, more than 10 new brands have entered the market, most of which are from China, including Wuling, Dongfeng Sokon, Hyundai, Chery, Neta, BYD, and ot...
Chinese Healthcare Company Expands Precision Medicine Market in Indonesia
Juxing Medical recently issued an announcement stating that it is considering establishing a joint venture with New Genetron Holding Limited (Genetron Health) in Singapore to jointly develop the precision medicine market in Indonesia, Malaysia, and Singapore. The joint venture...
SANY Heavy Industry Uses Indonesia as Global Supply Chain Fulcrum
SANY Heavy Industry recently successfully held its Global Supplier Conference in Karawang, Indonesia, with the theme "Rooted in Indonesia, Connecting the World," bringing together nearly 100 high-quality supplier representatives from China, Indonesia, Japan, South Korea, Thail...
Chinese Refrigeration Company Lays Foundation for Smart Factory in Semarang, Indonesia
China's AUCMA recently held a groundbreaking ceremony for a smart factory in the Kendal Industrial Park, Semarang City, Central Java Province. This project is a key part of AUCMA's globalization strategy and a new practice of aligning the "Belt and Road" initiative with Indone...
China-Indonesia Enterprises Cooperate to Develop Bali Solar Project
Indonesian energy listed company PT Futura Energi Global Tbk (FUTR) has signed a Memorandum of Understanding (MoU) with China's Zhejiang Energy Photovoltaic Technology Co., Ltd. and Indonesia's PT Hypec International, planning to jointly build a 130 MW rooftop solar power plan...
Yonyou Appears at Indonesia DTS Digital Transformation Summit
Recently, the 41st Indonesia Digital Transformation Summit was grandly held in Jakarta. As one of the most influential digital events in Southeast Asia, this event gathered senior executives from Indonesian government agencies and over 500 large enterprises to discuss the impl...
CATL Signs Equipment Procurement Agreement for Indonesia Battery Factory
Contemporary Amperex Technology Co., Ltd. (CATL) recently announced that its subsidiaries Hong Kong Times and CATI have signed an equipment and service procurement agreement with affiliate CATIB, totaling approximately USD 131 million (IDR 3.57 trillion), to support the constr...
Liugong Invests $317 Million to Build Intelligent Manufacturing Base in Indonesia
During the Osaka World Expo Indonesia Pavilion rolling exhibition and business forum, Chinese construction machinery manufacturer Liugong, through its Indonesian subsidiary PT LiuGong Machinery Manufacturing Indonesia, signed a memorandum of understanding with the Indonesian i...
Chery Plans to Build Its Own Factory in Indonesia
Chinese automaker Chery Group is planning to build its own factory in Indonesia to produce its sub-brands Jaecoo and Lepas. Currently, Chery's assembly operations in Indonesia rely on PT Handal Indonesia Motor (HIM)'s factory in Bekasi, West Java. However, with the rapid growt...
TikTok Fined IDR 15 Billion for Failing to Report Tokopedia Acquisition in Time
Indonesia's competition watchdog KPPU (Komisi Pengawas Persaingan Usaha) has fined TikTok IDR 15 billion for failing to submit a merger notification to the KPPU within the required timeframe when acquiring a 75.01% stake in Indonesian e-commerce platform Tokopedia, constitutin...
Hongxin Jianfa Breaks into Indonesia's Engineering Machinery Market with Full-Chain Solutions
Indonesia, as the world's largest nickel reserve holder (25% of global reserves) and a major coal exporter, exported 96.5% of its nickel pig iron and 42.7% of its coal to China in 2024. However, the local machinery sector faces two major pain points: a significant gap in minin...
First EPC Geothermal Power Plant by Chinese Company Successfully Handed Over to Indonesia
The Lumut Balai Phase II Geothermal Power Plant EPC Project, undertaken by PowerChina, has recently officially obtained the Operation Acceptance Certificate, becoming the first geothermal power plant project successfully handed over by a Chinese enterprise overseas. The projec...