Abstract: 【 Purpose/significance】 Analyzing and judging the reports of Indonesian think tanks is conducive to observing Indonesia′s overall understanding and strategic trend of the Belt and Road initiative in the past decade, and is conducive to deepening the highquality joint construction of the Belt and Road between the two countries.【 Method/process】 Using text analysis to study 11 research reports from three representative think tanks in Indonesia, we can comprehensively grasp the overall cognition of the Indonesian strate⁃ gic community on the Belt and Road initiative, and then understand Indonesia′s concept of the Belt and Road.【 Result/conclusion】 Af⁃ ter sorting out and classifying the report texts of think tanks, we found that the research of Indonesian think tanks mainly focuses on the opportunities, challenges, and responses of the Belt and Road initiative. At the same time, influenced by the intervention of the United States and the West, as well as Indonesia′s real interests, social development level, anti-China plot, and other factors, the per⁃ ception of the Belt and Road initiative by all sectors of Indonesia shows three characteristics: increasing attention but still insufficient; more positive overall; some negative factors still exist and are difficult to eliminate in the short term.【 Innovation/limitation】 This pa⁃ per systematically analyzes Indonesia′s overall understanding of the Belt and Road initiative over the past decade from the perspective of Indonesian elites, fully proving that China-Indonesia′s Belt and Road cooperation has broad prospects and more effectively support⁃ ing the important international value of the Belt and Road initiative.