Chinese jewelry industry characteristics and future trends

Nearly 20 years, China's jewelry industry are unprecedented development, the development from the value of one million to nearly 100 billion yuan, the development of employees from 2 million to 200 million people, China has become the world's largest consumer of platinum The annual sales volume of 140-150 million ounces of platinum; China is one of Asia's largest diamond market, the annual consumption reached 1.1 billion U.S. dollars of diamonds; China and the world's fourth-largest gold consumer, the annual demand for gold jewelry to 200 tons; At the same time China was the world's largest consumer market of jade and emerald. Can be said that jewelry consumption in China has been occupying an important position in the international arena, the market's direction will directly affect the international market and prices. Recalling the Chinese jewelry industry, has undergone stagnation, recovery, development of three phases: the last century, 80 years ago the Chinese jewelry industry has stalled, after nearly ten years after the recovery period, from 1990 to 2000, China jewelry industry began to enter the fast development stage. On the one hand jewelry production capacity rapidly. To the late 90s, the country has more than 500 gold ornaments manufacturer, jewelry manufacturer 4000 more than one thousand employees in over 200 million people. On the other hand, the rapid expansion of market demand, jewelry, jewelry by 2000 total sales of 800 billion yuan, in 2002 the consumption of jewelry reached 100 billion yuan, exports about 30 billion dollars.
More information from Shenzhen Xin-Ming Sheng-titanium steel jewelry factory to provide