The strategic meetings were part of the agenda of an official Indonesian delegation sent to China to strengthen bilateral relations and deepen cross-sector investment collaboration. The delegation was led by National Economic Council (DEN) chairperson Luhut Binsar Pandjaitan.
Pandjaitan was accompanied by DEN deputy chair Mari Elka Pangestu; Deputy Minister of Investment, Todotua Pasaribu; and Deputy Minister of Finance, Thomas Djiwandono.
Chief investment officer (CIO) of Danantara Indonesia, Pandu Patria Sjahrir, said here on Friday that the entire agenda was very constructive.
This was evident from the strong commitment shown by several Chinese financial and investment institutions to strengthen cooperation with Indonesia, especially through Danantara Indonesia, he added.
"There is a shared spirit to build a long-term partnership that is not only mutually beneficial, but also has a real impact on the economic transformation of both countries," he said.
To mark the 75th anniversary of diplomatic relations between Indonesia and China, as well as the 70th anniversary of the Asia-Africa Conference, Sjahrir joined the Indonesian delegation for a bilateral meeting with Chinese Foreign Minister Wang Yi on May 20, 2025, in Beijing.
The Chinese government, on its part, expressed its support for the presence of Danantara Indonesia as a national strategic investment management agency.
It said it is committed to encouraging collaboration between Danantara Indonesia and large Chinese investment institutions, such as China Investment Corporation (CIC), State Development and Investment Corporation (SDIC), and China International Trust and Investment Corporation (CITIC).
During its meeting with Danantara Indonesia, the CIC discussed plans for direct investment cooperation and participation in joint fund management.
It expressed its commitment to expanding investment in Indonesia, particularly in the healthcare, consumer, infrastructure, natural resources, data center, and technology sectors.
Meanwhile, discussions with the world's largest bank by total assets, Industrial and Commercial Bank of China (ICBC), covered potential financial support for renewable energy projects.
The ICBC also invited Danantara Indonesia to join the Belt and Road Bankers Roundtable, a prestigious forum of 180 financial institutions from 85 countries.
The Indonesian delegation also attended a number of meetings to explore deeper collaboration with several other institutions, such as the Bank of China, SDIC, and CITIC.
"We are optimistic that the meeting of the Indonesian delegation in China can strengthen cooperation that can have a long-term impact," Sjahrir said.
Through the visit, Danantara Indonesia further strengthened its role as a strategic catalyst for expanding global investment that has a direct impact on national economic development.
"This partnership is not just economic diplomacy, but a real step toward long-term synergy to promote inclusive growth in Indonesia, China, and the region," he added.
Danantara Indonesia is a legal entity owned by the Indonesian government. It was established based on Law No. 1 of 2025.
The agency has been assigned the mandate to improve and optimize investments and operations of state-owned enterprises and other sources of funding.
With a best-in-class governance approach, inclusive impact, and global partnerships, Danantara Indonesia is helping manage state assets to build long-term economic strength.
Translator: Muhammad Heriyanto, Katriana
Editor: Aditya Eko Sigit Wicaksono
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