Overview of Jewelry
2010-02-20

Positioning of Jewelry Industry

Jewelry can be divided into diamond, gem, gold, platinum, silver, pearl, jade, crystal, jadeite, agate, coral,amber and colored glaze by its material and headwear, earring, neckwear, plastron, waist ornaments, trinket, foot ornaments, gold and silver jewelry, Tibetan/national jewelry, phone accessory, decoration accessories, jewelry materials, jewelry packing, jewelry maintenance and other accessories.

Jewelry Industry Certification

As there are lots of certifications and standards in the jewelry industry which may have direct influenceon the production and sale of jewelry products, enterprises need to pay necessary attention to them. Thedetailed certifications mainly include the follows:

Relevant Laws and Regulations on Production and Export Trade of Jewelry Industry

Certification: - GB/T 16552-2003- Gems—Nomenclature,- GB/T 16553-2003 Gems—Testing,- Gem and jade jewelry marker

Region of the Certification: China

Content of the Certification: Standards for Jewelry Industry

Since June 19, 2007 the export rebate rate for pearls, gems, and silver material has been reduced from13% to 5% and the export rebate rate for diamonds has been reduced from full rebate to 5%. Gold andplatinum still have no export rebate. Small export enterprises which use price competition as a majorcompetitive means are faced with severe challenges. Large export enterprises which use quality andbranding as competitive means will have more opportunities for development.