Sales rose to about $ 15 billion from January to April compared with the same period last year. Retail sales in April also recorded growth year on year by 7.5% to $ 3.32 billion.
China's jewelry industry has started to recover in December 2016, when sales recorded a 4.8 percent increase to $ 4.7 billion. Sales in Globally, in 2016 we recorded a steady growth of about $ 43.68 billion on an annualized basis, which indicates an improvement after almost continuous decline in sales since the beginning of 2016.
China Gold Association has previously said that gold consumption in China remained high in the first quarter of 2017, mainly due to strong demand for gold jewelry in the Chinese New Year, it said in its report.
In addition to gold jewelry demand for gold bars recorded a significant increase in the annual rate of 60.18% to 101.19 tons. Currently, gold bars are becoming more popular in China as a hedge, the association said in a report.
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The final day of the CARAT + ended on a positive note, organizers said the new trade fair of diamonds, diamond jewelry and industrial services.
It was held 7 - 9 May in Antwerp Expo.
Within three days at the CARAT + visited 2927 visitors from 29 countries, which was adopted by 116 exhibitors from 14 countries.
Speaking during an exclusive presentation on the second day of the CARAT +, Paola De Luca (Paola De Luca), recognized as the world's leading expert in the field of jewelry design and jewelry trends, focused exclusively on diamonds and, in particular, on the impact on the industry have social changes and the new generation of consumers.
According to experts, the industry must be aware of what is happening in social networks, as consumers from the representatives of "two thousandth generation" indicate the desired direction of production, taking into account their tastes and habits. In addition, said Paola De Luca, due to changes in the partnership and marriage concepts are modified and wedding jewelry.
After the success of the pilot decided to hold fair of its second session on 6-8 May 2018.
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