VESTA Outdoor attended China Trade Fair Indonesia 2023

The 3rd China (Indonesia) Trade Fair will be held from March 16th to 18th, 2023 at the Jakarta International Convention and Exhibition Center in Indonesia. It is the first international comprehensive exhibition after the full restoration of physical participation. The exhibition attracted 725 enterprises from 6 provinces including Zhejiang, Jiangsu, and Guangdong to participate, with 8 professional exhibition areas including textile and clothing, consumer electronics, and innovative use of virtual reality technology to relocate enterprise production lines to the site. The 3rd China (Indonesia) Trade Fair, as the largest exhibition independently held by China in the RCEP region, adopts a combination of online and offline modes, with an exhibition area of 20000 square meters, over 1000 booths, and more than 800 participating companies. The main exhibition area covers 8 professional fields including textiles and clothing, consumer electronics, building materials and hardware. Indonesian Chinese Chamber of Commerce and other organizations participated in the co sponsorship, and Ningbo VESTA Leisure Products Co., Ltd. actively went global in response to the the Belt and Road initiative of the country. As a populous country in the ASEAN market, Indonesia has considerable consumption potential.

China has been Indonesia's trading partner for 10 consecutive years. According to data from the Chinese Ministry of Foreign Affairs, the bilateral trade volume between China and Indonesia reached 149.1 billion US dollars in 2022, a year-on-year increase of 19.8%. In 2022, China's total investment in Indonesia reached 8.19 billion US dollars, making Indonesia the second largest investment destination for China in ASEAN.

Indonesia is a country with a large population of Zui in Southeast Asia, with a population of more than 270 million. Its consumer market has great potential. About 70% of adults have access to the Internet, and most of them are active social media users. Indonesia's e-commerce market is in a leading position in Southeast Asia, especially in the field of mobile e-commerce, where mobile shopping has become the main shopping method for Indonesian consumers.