(Jakarta News) Vice President of DAITO Pharmaceutical Co., Ltd. Kato Hideyuki, Northern Japan International Business Coordination Group General Manager Kato Tomoko, Dongfang Che Industrial Group legal person Xia Yuyang, Energy Co., Ltd. legal person Fujitsuka Tsutomu and others, February 26, 2024 ( Monday) came to Indonesian Chinese Entrepreneur Association at 2 pm and were welcomed by Vice Chairman Chen Xin, Deputy Secretary-General Chen Yongzhi, Vice Chairman Ji Guozhang, Chen Yingqi, and Huang Zhiyong. The Japanese business delegation's trip was mainly to further understand Indonesia's medical beauty and pharmaceutical industry. /Health care, photovoltaic, agriculture, elevator after-sales health care, study abroad and labor services in Japan, etc.
Chen Xin, Vice Chairman of Indonesian Chinese Entrepreneur Association, said, First of all, on behalf of Indonesian Chinese Entrepreneur Association, I would like to extend a warm welcome to the arrival of Vice President Hideyuki Kato and his delegation! Let us have a good communication and cooperation opportunity with your company.
Indonesia is the largest economy in ASEAN and the only G20 country in ASEAN. Nowadays, Indonesia's economy is developing rapidly, personal income is rising rapidly, and the income of Indonesia's middle class is constantly expanding. 12.0%-15.0% of the population of 267 million belongs to the middle and high income. On the other hand, Indonesia's population structure is getting younger, with 30 The population under the age of 16 accounts for more than 70.0%, and consumers of beauty and skin care products in Indonesia are concentrated among women under the age of 40. In addition, Indonesia has a large number of Internet users and the gradual rise of e-commerce, promoting the development of the beauty and skin care industry.
The demand for beauty and skin care products in Indonesia is huge, and the development prospects of the beauty and skin care market are promising. Among them, natural, organic, environmentally friendly, moisturizing, whitening, anti-aging, and anti-pollution products are very popular among Indonesian consumers. In addition, Indonesia is the country with the largest Muslim population in the world. In October 2019, the Indonesian government stipulated that cosmetics and skin care products distributed and imported to Indonesia must obtain halal certification before October 2026. Therefore, there is potential for the development of Muslim-certified cosmetics in the Indonesian market. huge.
Indonesia is home to thousands of cosmetics manufacturers, many of which are family-run small businesses. There are more and more such companies hoping to bring their products out of the country and to the world. The increase in cross-border transactions has intensified market competition, creating both challenges and opportunities for local producers. Of course, this increases the difficulty of manufacturing high-quality products at low cost.
Today, Vice President Hideyuki Kato personally leads a corporate delegation to visit. We hope to have in-depth exchanges with you and strengthen our cooperation in investment, trade and other fields. We believe that through joint efforts, we can provide more business opportunities and partners for enterprises. We will actively promote the docking between enterprises from both sides, and will also actively provide services to the chamber of commerce and provide necessary consultation for foreign enterprises to settle in Indonesia. and related help. Finally, I sincerely wish everyone a successful and fruitful trip to Indonesia.
Vice President of DAITO Pharmaceutical Co., Ltd. Kato Hideyuki pointed out that he thanked the directors of the Indonesian Chinese Entrepreneur Association for their warm hospitality and briefly introduced that Daito Pharmaceutical Co., Ltd. was established in 1942 and has a history of 82 years. Through this exchange, he hopes to We will introduce Daito Pharmaceutical Healthcare into the Indonesian market and provide more Indonesian people with high-quality medical and aesthetic products. We also hope to listen to your valuable opinions. After the exchange, representatives from both sides exchanged souvenirs and took photos.
