Xi Jinping, the general secretary of the Communist Party of China (CPC) Central Committee is received by Mochtar Riady, the Chairman of Lippo Group, in Jakarta, Indonesia
In December 2012, Xi Jinping, made his first inspection tour in Qianhai, Shenzhen as the newly-elected general secretary of the Communist Party of China (CPC) Central Committee. One month later, Mochtar Riady, the Chairman of Lippo Group, also visited Qianhai and indicated Lippo Group’s interest to invest in Qinahai. Later in October of 2013, Xi took a diplomatic trip to Indonesia and was received warmly by Riady. Xi, during a speech made to the Indonesian Parliament, proposed to build a new "Maritime Silk Road", aiming to enhance maritime partnerships with China’s Southeast Asian neighbors. Looking forward to being involved in this grand picture, Riady was inspired by Xi’s vision and has been keen on searching for an appropriate way to become involved in the building of this Maritime Silk Road, which also meant integrating resources in the Southeast Asian markets which the Lippo Group has traditionally ben quite active in.
Lippo Group is the largest investment holding enterprise in Indonesia with a total asset of more than US$ 20 billion, consisting of 26 listed companies across Southeast Asian stock markets. Lippo owns and operates a diversified business portfolio, such as commercial bank, insurance, real estate, retail, manufacturing, information technology, infrastructure, media, healthcare and entertainment. Lippo Group’s operations are strategically located in Indonesia, Singapore, Hong Kong, Malaysia, U.S., Canada,Australia and China. As the hub on the ancient maritime route in Ming Dynasty, Indonesia is located in the key position in Southeast Asia. Lippo Group, as one of the most influential overseas Chinese conglomerates in the region, thrives to explore new drivers to further build upon its solid foundation and enhance socio and economic exchanges across Southeast Asia.
Shenzhen is China's first special economic zones, serving as the testing ground for reform for more than 3 decades, which allowed a market economy to develop. The Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone inherits this spirit and is authorized for innovation of numerous financial and tax reform policies. In order to introduce Qianhai as a global economic zone, the Qianhai Authority visited Indonesia in September 2014. The Authority positions Qianhai as the starting point of the “Maritime Silk Road”, which will serve as the essential gateway for Southeast Asian firms looking to enter the Chinese market. In addition, Qianhai will also serve as the base of exchange where Chinese firms, following the “Go-Out Policy”, do business in Southeast Asia. Lippo Group received the Qianhai officials and co-sponsored the promotional event in Jakarta, inviting more than 40 of the largest Indonesian firms, listed companies and financial institutions.

Zhang Bei, the director of Qianhai Authority, and his colleagues are filmed with Mochtar Riady on the promotion event in Jakarta, Indonesia
Lippo Group recognizes the determination of the Qianhai Authority and the potential of Qianhai to become a future hub in global finance. Considering that the Group itself possesses the quality and the necessary resources, Lippo is looking for the possibility to help achieve this vision, building Qianhai as the hub of business and financial exchange and connectivity of business between China and Southeast Asian countries. Cooperating with the Tsinghua Holdings, the Group is establishing an RMB-10-billion private equity fund and has already registered the fund management firm in Qianhai. In the near future, Lippo would call for efforts to build the inter-change mechanisms of capital, goods and information, aiming to help realize the Asia-Pacific dream proposed by Xi on 2014 Asia-Pacific Economic Cooperation (APEC) meeting.