Approaching the implementation of the ASEAN-China Free Trade Area Agreement on January 1, 2010, China’s textile and garment industries have begun preparing promotional venues in major markets in Jakarta and Surabaya. According to reports, the sales and business venues that Chinese entrepreneurs are looking for are Tanabata in Jakarta and Pasar Tori in Surabaya. These two markets are both local textile and garment industry centers. This can be said to be a smart move.
Sutracha, chairman of the Indonesian Textile Industry Association (API), said after attending the Indonesian Chamber of Commerce and Industry working meeting at the Sultan Hotel in Jakarta on Thursday: “I even heard that Chinese entrepreneurs wanted to buy an entire 1 They want to use this market as their sales base.” Chinese entrepreneurs have also arranged a strategic plan to provide assistance or credit to all merchants in Tanabata who want to promote Chinese textile and garment products. Sutracha said: “It seems inevitable that Chinese textiles and garments will flood into the Indonesian market.”
