Bayu Krisnamurthi. (Photo: ANTARA/M. Agung Rajasa)
Bayu Krisnamurthi. (Photo: ANTARA/M. Agung Rajasa)

Jakarta, 1 Dzulhijjah 1435/25 September 2014 (MINA) – Deputy Trade Minister Bayu Krisnamurthi said there are four outlets to promote Indonesian products in China.

The outlets called House of Indonesia will promote furniture, textile and other Indonesian commodities in that country, Bayu said here on Tuesday.

“The four outlets will become a permanent promoting agents that will also sell Indonesian products in China mainly furniture,” he told reporters, Antaranews quoted by Mi’raj Islamic News Agency (MINA) as reporting.

The outlets are located in different places in that country – in Shanghai, Nanning, Tianjin and Yiwu, he said.

The outlets are owned by Indonesian businessmen, Chinese businessmen or jointly owned by Indonesian and Chinese businessmen, he said.

“The one in Shanghai is owned by and Indonesian businessman and the one in Nanning owned by Chinese businessman. The Houses of Indonesia in Tianjin and Yiwu are joint ventures,” he said.

He said the House of Indonesia which is owned by Indonesian businessman in Shanghai is located in a shopping mall , and the one in Nanning is in a separate building.

He said classy products from Indonesia are higher in demand among high class people in China such as furniture .

Cheap furniture even if the quality is competitive would not sell in that country, he added.

Rich people in China make up only for 1-2 percent of the population, but it could mean 15 million-20 million people, he said.

He said Indonesias furniture exports to China has increased fast in the past 5 years, growing by 20.5 percent per year on the average since 2009.

Based on data at the trade ministry, the countrys total exports of furniture were valued at US$1.74 billion in 2013, down slightly from US$1.76 billion the previous year.

Exports of furniture to China alone were valued only at US$24.3 million or 1.4 percent of the total exports.

Meanwhile, the Indonesian Association of Furniture and handcraft makers (AMKRI) said the countrys exports of furniture could rise to US$5 billion annually in the next five years.(T/P009/R03)


Mi’raj Islamic News Agency (MINA)