Since 1982, China's recovery of gold jewelry market, the rapid growth of the mainland gold and jewelry consumption is such a surprising. According to incomplete statistics, in 2001 China's jewelry consumption is more than 60 billion $ <rmb>, gold consumption is stable for several years to maintain a steady at around 200 tons.
The world's largest diamond dealer, as early as in the last century, began in 50s with the mainland of China business contacts. In 1984 and 1988, De Beers successively with Shandong Province, Liaoning Province signed a contract exploration diamond ore source, through its sales and marketing agency, De Beers depth involved in China's emerging Polish jewelry processing industry and becoming a rapid growth of the manufacturing industry.
Since the 90s of the 20th century De Beers in China increased investment in consumer marketing, located in Beijing, Shanghai and Guangzhou, the "Diamond promotion services" and "diamond" of center of information of by way of holding various industry conferences, training seminars, competitions and other, which greatly promoted the growth of diamond jewelry consumption market in China. Famous jewelry brand ZhouDaFu in Hongkong haschosen to open up the mainland market in the way of franchising.
As the world's third largest gold demand market, China is attracting the world's attention. The World Gold Council, the world's largest gold market, has put China as the top priority of the global promotion program in 2003 ". In May 2003, the people's Bank of China to stop execution, including gold products production, processing, wholesale and retail business, including 26 items of administrative examination and approval items, which indicates that gold, silver and other precious metals and their products from the management system to realize the full liberalization of market. In terms of tax adjustment. For import of diamonds and diamond consumption tax and import gold, platinum and gold are corresponding to a series of tax policy adjustment. These is to honor commitments of the WTO and APEC meeting in Shanghai. It is jewelry enterprises in Chian starting join the international competition. An important guarantee for improving the competitive strength. At present. Shanghai Diamond office, Shanghai drilling exchange and the Gemmological Association of China, land resources department jewelry jade jewelry management center. Diamond import and export tax adjustment has done a lot of work. China hope that through reasonable adjustment of the diamond tax policy will straighten out the link in the diamond industry to promote the domestic diamond processing industry development
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