Core Viewpoint - Chengdu is actively promoting foreign investment through initiatives like the "Investment Gaiwan Tea" event, which has successfully attracted the Indonesian INCASI RAYA GROUP to increase its investment in the city [1][3]. Group 1: Investment Initiatives - The Chengdu Investment Promotion Bureau has facilitated a detailed discussion with INCASI RAYA GROUP regarding a biopolymer materials project, leading to a mutual investment intention [1]. - Chengdu's proactive approach includes a series of visits to Indonesia to promote foreign direct investment (FDI), resulting in a commercial project with a total investment of approximately 350 million yuan [3]. - The city has established a "key service list" for foreign investment projects, ensuring dedicated support and problem-solving for companies like INCASI RAYA GROUP [3]. Group 2: Company Background and Investment Plans - INCASI RAYA GROUP is involved in various sectors, including palm oil, rubber, real estate development, port construction, and fintech [3]. - The group has invested over 2 billion USD in Chengdu across high-end residential, commercial real estate, and urban renewal projects [4]. - The company plans to establish a new manufacturing base in Chengdu for producing biodegradable plastic products, leveraging the city's favorable investment environment and market potential [4]. Group 3: Economic Impact - Chengdu's foreign investment environment has shown significant improvement, with a reported 6.56 billion USD in foreign investment from January to April, marking a year-on-year increase of 59.89% [5]. - The city accounts for 73% of the total foreign investment in the province, maintaining its position as the leading city in central and western China for foreign investment [5].