2025 marks the 75th anniversary of the establishment of diplomatic relations between China and Indonesia, marking a historic milestone in bilateral relations. As the proposer of the global maritime fulcrum strategy, Indonesia is actively seeking in-depth docking with the the Belt and Road Initiative.

Celebrating the 75th Anniversary of the Establishment of Diplomatic Relations between Indonesia and China: The Future Investment Business Forum on Co shaping Investment Cooperation is jointly hosted by the Anhui Provincial Council for the Promotion of International Trade and the Consulate General of Indonesia in Shanghai, aiming to explore new opportunities for bilateral investment cooperation.

It is worth noting that Shanghai Electric signed a memorandum of cooperation on new energy projects in Indonesia with the Indonesian Industrial Zone Association and MGI Renewable Energy Company at the Indonesia Investment and Business Forum. The new energy project in which Shanghai Electric participated has been listed as a national strategic project in Indonesia, demonstrating the importance of this project to the development of Indonesia. This strategic positioning not only provides policy support and resource guarantees for the project, but also means that the successful implementation of the project will have a profound impact on the energy landscape of Indonesia and even the surrounding regions.

Locking in New Opportunities for Indonesia's National Energy Strategy

Currently, Indonesia is in a critical stage of energy structure transformation. As the largest economy in Southeast Asia, the Indonesian government has set clear goals for the development of renewable energy, aiming to increase the proportion of renewable energy to 23% by 2030 and achieve net zero emissions by 2060. This grand blueprint has brought enormous market opportunities for domestic and international enterprises.

The project signed by Shanghai Electric precisely aligns with the development direction of Indonesia's national energy strategy. The project is positioned as a comprehensive new energy development, expected to integrate clean energy technologies such as photovoltaics and energy storage, with the aim of improving the stability and cleanliness of regional power supply. It has demonstrative significance for ensuring energy security in Indonesia, especially in the project area, and promoting green development.

Building a Technology Resource Market Triangle

This cooperation adopts an innovative Chinese technology+local resource collaboration model. As a leading enterprise in the field of equipment manufacturing in China, Shanghai Electric will contribute its advanced technology, high-end equipment, and mature engineering general contracting capabilities in the field of new energy.

As an important local organization, the Indonesian Industrial Zone Association will provide key park resource docking, policy coordination, and local network support for the project. Meanwhile, MGI Renewable Energy Company in Indonesia leverages its unique advantages in localized operations and market development.

This complementary triangular cooperation architecture effectively integrates technology, resources, and market channels, laying a solid foundation for the smooth progress and long-term successful operation of projects, and has also become a new paradigm for international production capacity cooperation. Keywords: the Belt and Road project news, the Belt and Road news

From a broader perspective, this cooperation is a vivid manifestation of the focus on green development and deepening practical cooperation between China and Indonesia under the framework of jointly building the the Belt and Road. It goes beyond traditional commodity trade and upgrades to high-level cooperation characterized by technology, standards, and solution output. The successful implementation of the project will not only directly assist Indonesia's energy transformation and industrialization process, but also provide another successful case for China's high-end manufacturing and green technology to go global, indicating that the cooperation prospects between the two countries in strategic emerging fields such as new energy will be even broader.Editor/Cheng Liting