Indonesia opens an opportunity for tire industry with China
Indonesia as one of the largest rubber producers in the world opens an opportunity for cooperation in the field of tire industry with China. Indonesian Ambassador to China, Djauhari Oratmangun told Antara News Agency on Thursday (10/9) that By increasing cooperation in many fields, both countries can see the meaning of the strategic comprehensive partnership in the future. He also stated that the Indonesian and Chinese economic cooperation have a solid foundation in various sectors, particularly trade, investment and tourism.
Ambassador Djauhari Oratmangun further remarked that in 2019, Indonesia was the second largest natural rubber exporter in the world with a value of US$3.9 billion dollars or contributed worth 29.8 percent to the value of rubber exports across the world. Previously, the China International Trade Promotion Council (CCPIT) of Shandong Province in cooperation with the China ASEAN Business Association (CABA) held an International Car Tire and Accessories Exhibition in Dongying City, Shandong Province, in the East China region.
The exhibition also held virtual business forum meetings attended by 200 participants from the industry sector. The participants from Indonesia were represented by the Ministry of Industry, the Ministry of Trade, the Indonesian Chamber of Commerce and Industry of the Chinese Committee (KIKT). Chairman of KIKT, Hendrayan Chandra hopes that the online business forum will become an entry point for Chinese entrepreneurs to collaborate with leading tire manufacturers in Indonesia.