In China, Jokowi attended a G20 summit conference in Hangzhou and in Laos he took part in an ASEAN summit meeting in Vientiane.
The president wanted to draw the attention of his ministers to heavy challenges confronting the world including Indonesia.
He said he noted that the present condition in the world is marked by tight competition.
All countries are struggling to survive the competition mainly in luring investment as the main driver of economic growth amid the heavy slump in global trade.
"From the meetings we held with heads of state and government, both in G20 summit as well as in ASEAN summit it was very obvious that all countries are involved in sharp competition for investment and capital inflows," he said.
He asked his ministers to set direction for the countrys economy and to cash in on what the country is superior over other countries.
"We must be able to determine our core economy, our core business with which we could develop our position and our state brand," he said.
Vice President Jusuf Kalla and almost all minister were present at the plenary cabinet meeting.
In Hangzhou Jokowi warned of the impact of new industrial revolution now being promoted by major industrialized nations .
He said Indonesia must not miss that opportunity and has to play a role in it.
"We must not left lagging behind," he said after attending the G20 summit.
In Vientiane, in the ASEAN-United States summit, Jokowi called for war against illegal fishing.
Illegal fishing has not only deprived traditional fishermen of their livelihood in the country but it also is a threat to environment.
Cooperation in eradicating illegal unregulated and unreported (IUU) Fishing needs serious addressing mainly with intensive exchange of information, he said. (*)