

China - an emerging jewelry market in the world Platinum China is a big country of platinum consumption. In the year 2008, China still ranked the first of the world platinum consumption, accounting for 48% of the world total volume. Gold China is a big country of gold consumption. In 2008, the yield of golden jewelry is the first of the world, and the consumption is the second of the world. Diamond and diamond jewelry From July 1, 2006, China has been adopting new policy for imported diamond. The raw stone imported by Shanghai Diamond Exchangeis exempt from import VAT. The VAT of loose stone is cut down from 17% to 4%. Consequently, the trade statistics shows that in 2006, the import volume of diamond grow 39.8% (by the regular way)and 208%(by Shanghai Diamond Exchange)respectively, compared with that of last year. Clear-water pearls China's clear-water pearls output accounts for 95% of the global output. Jade China is poise to become the world's leading jade consumer. Why Shanghai Shanghai is
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