Beijing (ANTARA) - The Indonesian Government aims to attract entrepreneurs from Shandong, a province with the third-highest gross domestic product (GDP) in China, to invest in Indonesia after the COVID-19 pandemic.

“Shandong is a province with the third-highest GDP in China. For that reason, we hold trade, investment, education, culture and tourism promotion events in Dezhou City, Shandong,” Ambassador of Indonesia to China Djauhari Oratmangun stated in Beijing, Monday, while elucidating on the reasons behind targeting entrepreneurs from the eastern region of China.

“The reasons regarding the importance of investing in Indonesia are related to the existing post-pandemic economic growth, the firm national economic policies, and BI’s policies that aim for stability and development, so that a conducive investment climate could be settled,” the representatives’ head, Tutuk SH Cahyono, remarked.

“Furthermore, Indonesia’s role, as holding the chairmanship of ASEAN, will also help to boost economic growth and make the Southeast Asian region to be the 'locomotive' of global economic growth through collective works,” Cahyono affirmed.

In 2022, Shandong’s GDP grew 3.9 percent to reach 8.7 trillion yuan (Rp19.2 trillion).

This high figure makes the province that houses some well-known electronic brands, such as Haiser and Hisense, to occupy the third position in terms of the highest GDP in China.

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With around six million inhabitants, Dezhou is one of China’s export centers and is the home of two economic zones: Dezhou Economic Development District and Dezhou Yunhe Economic Development District.

The Indonesian Embassy, along with representatives of Bank of Indonesia (BI), are cooperating with the governments of Shandong and Dezhou to hold “Indonesia-China (Shandong) Exchange Week” event on March 22-28, 2023.

The event was also attended by some figures, such as Vice Mayor of Dezhou Su Sheng, Executive Director of the Financial Market Development Department of BI Donny Hutabarat, and Head of the International Cooperation Division of the Shandong Academy of Sciences Xu Shaojian.

Around 50 Indonesian companies from renewable energy, health and medical equipment, digital economy, and economic zones from Central and East Java also partook in the event.

At least 200 people participated in the event, both offline and online.

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Translator: Tegar Nurfitra
Editor: Yuni Arisandy Sinaga
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