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Sri Lankan gems and jewelry sparkle in the Chinese market
Fri, Mar 19, 2010, 06:30 pm SL Time, ColomboPage News Desk, Sri Lanka.
Mar 19, Colombo: Sri Lanka's aggressive promotion and participation at the China International Gold Jewelry and Gem Fair in Shenzhen has enabled the country to raise its market share in the gems and jewelry sector in China.
China hails as the second largest luxury market in the world and is fast gaining the highest rank in the respective market.
The Sri Lankan Embassy in Beijing together with the National Gems and Jewelry Authority of Sri Lanka had facilitated participation of 17 Sri Lankan exhibitors to the China International Gold Jewelry and Gem Fair in Shenzhen. The exhibition was held from March 9-10.
As one of the most important international jewelry Fairs in Eastern China, Shenzhen Fair had attracted over 500 jewelry makers and suppliers representing more than 12 countries.
During the event, Sri Lankan officials have had fruitful discussions with M/s. Shenzhen Dawngshan China Ornament International Jewelry Exchange Co. Ltd of Dawangshan Plaza, Shenzhen and have arrived at an agreement to offer 2,000 sq.m of shop space at a very concessional rate at the International Jewelry One Stop Sourcing Center in Shenzhen that will be opened soon in Shenzhen.