By tf-lawyer.com The 2024 China International Jewelry Exhibition kicked off today in Beijing, organized by the China Jewelry and Jade Jewelry Association (CJJA). During the opening ceremony, association representatives highlighted the event’s increased international participation, with companies from multiple countries showcasing their products. This trend underscores China’s vast market potential and its attractiveness to global brands.
The exhibition, co-hosted by the CJJA and the National Jewelry Inspection Group, spans from October 24 to 28, covering a total area of 40,000 square meters and featuring 1,600 booths. The theme for this year is “Expanding International Perspectives, Driving Innovation,” with a key highlight being its emphasis on a one-stop global jewelry experience.
Exhibitors from countries like Thailand, Sri Lanka, South Korea, Italy, Poland, and India are presenting their unique jewelry cultures and products. Attendees can expect to see stunning offerings such as Thailand’s pigeon blood red rubies, Sri Lanka’s royal blue sapphires, meticulously crafted pieces from South Korean artisans, and Italy’s renowned metalworks.
Throughout the exhibition, the international section will facilitate trade discussions and developmental opportunities for both domestic and international jewelry companies, aiming to enhance collaboration and increase the competitiveness of Chinese jewelry firms on a global scale.
At the opening ceremony, CJJA Vice President and Secretary-General Bi Lijun noted that the China International Jewelry Exhibition has now been held over twenty times, becoming a recognized indicator of industry trends and consumer confidence in the jewelry sector.
Bi emphasized that despite the challenging landscape for the jewelry industry, the strong turnout from international companies exemplifies how China’s large-scale market continues to entice global brands.
He remarked that the exhibition serves as a window, trigger, and accelerator to showcase industry advancements, inspire consumer potential, and drive market vitality, with the ultimate goal of fostering high-quality growth in the sector.
According to data from the General Administration of Customs of China, from January to August 2024, the total import and export value of the jewelry industry reached $99.66 billion, reflecting a 1.6% year-on-year increase. Additionally, insights from the CJJA indicate that gold products remain dominant in China’s retail jewelry market in 2024, while colored gemstones continue to gain popularity following their rebound in 2023. The pearl market, particularly the Zhujiao Shanjiah Lake industry, has experienced rapid growth, with annual sales jumping from less than 10 billion yuan five years ago to over 50 billion yuan in 2023, boasting an impressive average growth rate of over 35%.
