The China International Gold, Jewellery & Gem Fair – Shanghai opened Friday at the Shanghai World Expo Exhibition & Convention Center and will run until November 21. The fair features around 250 exhibitors from 18 countries and regions. Exhibits include finished jewelry, diamonds, gemstones, raw materials, tools and packaging, luxury and antique timepieces, and arts and crafts.
The Asia-Pacific Jewellery & Watch Expo, debuts in this edition. The new fair, which will be held concurrently with the Shanghai Fair, is a result of UBM Asia’s strategic alliance with the Shanghai NIU International Exhibition Co Ltd. Exhibitors offer a wide range of arts and crafts, timepieces and jewelry products, including embroidery, noble antique silverware from the east and west, and traditional China’s palace art from Beijing.
Seven other pavilions debut as well. They are: the Beijing Arts and Crafts Association, Guangzhou Light Industry Arts and Crafts Enterprise, Hunan Embroidery Research Institute, Committee of Collection and Research of China Horologe Association, Shanghai Gem and Jade Trading Center Co Ltd, Shanghai Timepiece Trade Association,and the Shanghai Jade Carving Culture Association.
Retail sales in China in April 2016 grew by about 10 percent year-over-year, according to China’s National Bureau of Statistics show. China’s jewelry retail market remained steady in the first eight months of 2016, with data showing sales of gold and jewelry products totaled around $28.5 billion during the period.
“We see a lot of opportunities in China. There is still much room for growth especially given the Chinese government’s efforts to shore up domestic consumption,” said Joe Ho, UBM Asia’s Fair Manager in China. “Wages have risen; we have an enormously huge population base, and millions of Chinese have moved into the cities from the countryside. I feel confident about China’s economy and the consumers’ spending power. I am also confident that the Shanghai Fair will do its job of serving the industry by matching our local and overseas exhibitors with serious buyers from the China market and beyond.”
Other Attractions include:
Sri Lanka Pavilion – showcases the world renowned Ceylon Sapphire and a vast array of rough and polished gemstones
Taiwan Pavilion – specializes in Grade A fei cui jewelry and coral and gemstone jewelry
Korea Pavilion – offers a range of fashion jewelry with trendy and innovative designs popular among teens
India Pavilion – showcases India’s jewelry craftsmanship in gold jewelry manufacturing and diamond cutting and polishing
Special Events – Jewelry design award ceremony, jewelry and craft auction, and educational seminars give buyers the opportunity to learn and network.
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