Shenzhen jewelry industry started from 1980s. Thanks to the influence of Hong Kong gold jewelry industry, Shenzhen gold jewelry industry leads in mainland China and has become the biggest gold jewelry manufacturing base and trade distribution center after 1990s. There are over one thousand gold jewelry enterprises in Shenzhen now, with about 110 thousand workers. Its annual manufacture and processing total value reach 43 billion yuan, which takes up 70% of the whole nations.
There are over a hundred million pieces of jewelry produced in Shenzhen in 2003; enterprises imported and exported about 42 tons gold with about one billion US dollars export amount, which takes up 30% of the whole nations. The total amount of jewelry industry in China is about 40 billion yuan.
Shenzhen and its surrounding area has approximately 800 jewellery manufacturers and supplies 70% to 80 % of the jewellery offered for sale in the domestic market in China. The Schenzen Special Economic Zone is now the largest jewellery manufacturing and wholesale centre supplying the domestic market in China , the gem-set gold jewellery manufacturing centre for the domestic market, the centre for platinum jewellery production and gemstone polishing Centre.
In fact, Shenzhen has now become the biggest jewelry producing center in China. It plays a very important role in China jewelry industry as industry core. With Shenzhen government listing Shenzhen jewelry industry as one of the six feature industries, Shenzhen is now creating an oasis of jewelry industry. 50 billion sales amount and 1 billion US dollars export amount was realized in 2005.
The September Shenzhen International Jewellery Fair is held in September every year at Shenzhen Convention & Exhibition Center. The fair is recognized by the attendants as the most professional, a truly international and the most influential jewellery trade fail in China. In 2004, the exhibition gathered over 600 exhibitors from 15 countries and areas, namely, HongKong, Taiwan area, Japan, Korea, Singapore, India, Sri Lanka, Italy, France, Israel and USA, as well as different provinces and cities in China. The exhibition area spanned over 30,000 square meters with a total of 1,200 booths, registering a 25% increase in size over that of year 2003. The Fair has gathered big and small suppliers and buyers under one roof, providing unlimited business opportunities to the industry as a whole.
Shatoujiao Gold Jewelry Zone
The city of Shenzhen borders Hong Kong, which is one of the 3 International gold jewelry accessory centers. Since the mid1990s, Hong Kong jewelers have gradually headed north to Shenzhen which now accounts for 80% of all of Chinas jewelry production. With its manufacturing scale and processing ability being the best in China, it has quickly become Chinas jewelry center for manufacturing, processing, trading.
Shatoujiao Free Trade Zone is the first one operated with International practice in China. It makes the jewelry industry a key supported and protected industry. There are over 30 major gold jewelry accessory manufacturers making it the most centralized district for the jewelry industry in Shenzhen with 60% of the production in the city. Shatoujiao Free Trade Zone is a distinguished area in accessory production and well known by jewelry wholesalers.