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Home > Development and Prospect of Chinese jewelry market
Development and Prospect of Chinese jewelry market
   2014-03-05 20:28:54   

China jewelry market after just a few years time, has leapt to the forefront of the world by before a few years only accounted for 1% of the world, second only toAmerican and japan. Jewelry equipment

Chinese jewelry market in 2005 sales of about 140000000000 yuan, export 5490000000 U. s.dollars, sales ranked the forefront of the world, gold production reached 225 tons, silver 6000 tons, ranking fourth in the world and thirdrespectively.

In 2006, with the development of China economy, improve the people’s consumption level, jewelry jewelry is become the housing, cars China people afterthe third largest consumer hot spot. By 2007, the market more prosperous,according to the Ministry of Commerce on the key circulation enterprises monitoringdata shows, 2007 1 to May gold and silver jewelry consumption in 2006 compared to the same period, the cumulative growth of 34.6%, is the fastest growingcommodity monitoring of 28 major categories of goods. In addition, the 2007 August national gold and silver jewelry consumption soared 53%.

2008 third quarter gold demand rose strongly, to $31800000000, the investment demand increased by 51% in 2007. It is expected that in 2010, China jewelry saleswill total more than 200000000000 yuan, a jewelry equipment export more than $7000000000, is expected to become one of the world’s jewelry processing and consumption center, will become one of the global jewelry trade center.

2009 will be a year of jewelry accessories, jewelry manufacturers if "love make thing", it is an absolute advantage -- when people began to cut the budget on clothing, they may spend some extra money to consider accessories, jewelry equipment in order to increase the new to the old. And the people there, like the strong sense of things, the best are larger -- wide belt, high profile shoes andhandbags large capacity, it is the new world of fashion.

In recent years Chinese has become one of the world’s few jewelry spending more than $10000000000 in state. Chinese mainland large consumer groups, four fashion capital of the world and the Tokyo, Hongkong City jewelry nearly $100000000000 in total trade, but China women jewelry per capita share of less than 5%, the market potential is very great.

A period in the future, the market China jewelry gold jewelry consumption growth willmainly rely on the wedding, diamond consumption and overseas touristsconsumption three needs to pull. In addition, there are nearly 10000000 couples hoping all jewelry equipment every year in China, for wedding produce consumption up to 250000000000 yuan. Especially the birth rate as high as 21% in the late eighty’s born population will be from 2007 to 2012 years in age, only wedding jewelry consumption is promising.

Jewelry is one of the first to international open industry. Over the past few years,Chinese tariffs on finished jewelry import up to 50%, in the gold jewelry and gemproducts high import tariffs and consumption tax, the sales of jewellery. With the further opening up of China market, these barriers gradually cancel, at the same time signal Chinese jewelry industry policy adjustment is more and more strong.Jewelry equipment that China government have begun to attach importance to the development of jewelry industry. The State Planning Commission announced that the central bank gold to cancel Chinese pricing, the introduction of market,institutional barriers have been removed under the planned economy, step by step"state monopoly for purchase and marketing". The establishment of gold exchange,marks and to the international gold market direction to take a substantial step. The Shanghai gold exchange market, as Chinese standardized construction of the gold market wrote a great deal. Jewelry equipment Chinese import and exportmanagement of diamond and tax policies has made significant adjustments, will promote the Chinese diamond industry embarked on a virtuous circle of development track.

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