China Respects Indonesia's One-Stop Export Policy for Strategic Commodities

China respects Indonesia's move to optimize its resource management through a new one-stop export policy for strategic commodities. Chinese Ambassador to Indonesia Wang Lutong stated that his country understands and supports Indonesia's efforts to enhance resource utilization for national development.

Ambassador Wang conveyed China's willingness to bolster policy coordination and foster a stable business environment for companies operating between the two nations. He highlighted the deep integration of industries and supply chains, as well as the complementary economies, which provide a solid foundation for continued cooperation.

“

We understand Indonesia's efforts to optimize strategic resource management and enhance resource utilization for national development.

However, Wang also urged Indonesia to consider the interests of all stakeholders, ensure policy consistency and certainty, and conduct thorough research before implementing such measures. He expressed hope for timely supportive actions that safeguard the market and facilitate business development, thereby maintaining market trust and a robust ecosystem for trade cooperation.

The Indonesian government established PT Danantara Sumberdaya Indonesia (DSI) to oversee and manage export transactions of strategic natural resource commodities. This initiative aims to combat long-standing issues of under-invoicing and transfer pricing. Initially, DSI will monitor export reporting for coal, palm oil, and ferroalloys until the end of 2026. Its role is expected to expand based on government needs and the company's readiness.

“

We also hope that supportive measures to safeguard the market and facilitate business development can be implemented at the right time.