Shanghai • A city for success
As a cosmopolitan city and China’s fashion trendsetter, UBM Asia couldn’t have chosen a better place to host the fair; Shanghai abounds in opportunities that attract international jewellery brands that want a slice of the mainland’s flourishing jewellery market. Its prime geographical location, well-developed infrastructure and comprehensive business facilities make doing business and staying connected easier than ever.
Fast Facts on the China Market
The world’s second-largest gold consumer. In 2011, China consumed 761 tons of gold.
The world’s largest platinum jewellery market, accounting 65% of the total world consumption.
The world’s second biggest diamond market. In 2011, transactions at the Shanghai Diamond Exchange exceeded US$4.7 billion, up 63% from 2010.
The world’s largest producer of freshwater pearls, accounting for over 70% of the global production.
According to the latest figures of Gems & Jewellery Trade Association of China, jewellery sales in China reached a record of RMB260 billion in 2010.