为何参展

REASON FOR EXHIBITION
Why choose Indonesia?
Although the epidemic has brought some development problems, Indonesia's economy has risen against the trend. In the second quarter of 2021, with confirmed cases reaching a new high, the economy grew by 7.07% year-on-year, the largest growth since the financial crisis and higher than other countries with similar development levels, demonstrating the confidence of society and investors in Indonesia's development.

This growth was mainly due to strong demand and supply. In terms of demand, the government expanded its spending by 8.06% year on year through the national economic recovery plan. This signal led to a year-on-year growth of 5.93% in residents' consumption, 4.12% in the expenditure of family non-profit organizations (LNPRT), and 7.54% in fixed assets investment. The improvement of the domestic economy has promoted the increase of enterprise production capacity, and the global economic recovery has also driven Indonesia's exports to grow by 31.78% year-on-year, Imports increased by 31.22% year-on-year. The best performing region in this round of economic growth is Java, followed by Kalimantan, Sumatra, Bali, Nusa Tenggara, Sulawesi, Maluku, and Papua.

The global economic recovery that began in the first quarter of 2021 has promoted domestic economic recovery in Indonesia and created stable external conditions. It is expected that this trend will continue until the end of 2021. For fourteen consecutive months, Indonesia has maintained a trade surplus, The acquisition of foreign exchange, balance of international accounts, and effective management of international debt have strengthened Indonesia's international stability, which will bring cumulative positive effects. In the medium to long term, Indonesia has enacted the Omnibus Act to create an independent economy, which aims to create employment opportunities, improve the business environment, encourage investment, and simplify administrative procedures.

At present, epidemic policies and laws are interconnected to promote long-term structural transformation, protect and consolidate small and medium-sized enterprises. Commercial licensing has also been reformed, adopting a risk management model to improve government service efficiency and transparency, and reduce the difficulty of obtaining licenses.
为何选择印尼?
01
Business opportunities for relocating the capital burst forth

The business opportunity of relocating the capital has burst into response to the threat of ground subsidence, imminent inundation by seawater, and many urban development problems. In January 2022, the Indonesian parliament passed a bill approving the relocation of the capital from Jakarta to East Kalimantan Province. The planned area of the new capital Nushantara is 180000 hectares, with an investment of approximately 32 billion US dollars. The demand for building materials and home decoration market will surge.

02
Market expansion

Indonesia is the largest economy in Southeast Asia, with a long-term growth rate of 5%, and has achieved continuous growth for ten years. To improve the quality of life, environment, and economy of thousands of cities in Indonesia, the Minister of Infrastructure stated that Indonesia will invest 165.5 billion yuan in infrastructure construction. At the meeting, the minister stated that Indonesia will become a "construction site".

03
RCEP policy support

Indonesia connects three continents and two oceans, and is an important pivot country for RCEP and a strategic location for expanding Southeast Asian markets. It has a strong foundation in foreign trade with China and its import and export volume is steadily increasing. RCEP has come into effect in Indonesia, and on the basis of the China ASEAN Free Trade Area, it has added zero tariff treatment to over 700 tariff codes of products in China.

04
Unique supply and demand relationship

Indonesian people have a much higher desire for decoration than Chinese people, and they almost redecorate their interiors every three years. This lifestyle habit has formed a special supply and demand relationship in the Indonesian building materials and home decoration market. Chinese products are very popular in Southeast Asia and have a huge market share. The cost-effectiveness of similar products in China is often higher than that of locally produced products, and their market recognition is extremely high.

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