Jewelry has emerged as the third leading consumption item in China after housing and automobiles, China Gem Association Secretary-General Sun Fengmin said recently. The jewelry industry in China recorded double-digit growth in...
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Jewelry has emerged as the third leading consumption item in China after housing and automobiles, China Gem Association Secretary-General Sun Fengmin said recently. The jewelry industry in China recorded double-digit growth in recent years with an annual sales value of more than 100 billion yuan (US$12 billion), Sun said at the first Yunnan international gem and jade expo held in Kunming, capital of southwest China’s Yunnan Province. China leads the world in the consumption of platinum, gold and diamonds. The country consumes 1.2 million ounces of platinum and 250 tons of gold annually. More than 20,000 Chinese engage in diamond polishing with a processing volume of 3 million carats each year. Posted in Company News | No Comments » Five standards for choosing a fine pearl jewelry
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