On the morning of December 3, Guangzhou Diamond Exchange (GZDE) and Guangdong Gems & Jade Exchange (GDGJE) (hereinafter referred to as "the two exchanges") jointly presented International Jewelry & Diamond Industrial Forum, themed on "Innovation Development & Win-Win Cooperation," in Panyu District of Guangzhou, a highlight of the Panyu Jewelry Cultural Festival.
No empty seats for the forum.
Zeng Yongfu, Deputy Director General of the State-owned Assets Supervision and Administration Commission of Guangdong Province, Liu Wen, Chairman of Guangdong Assets and Equity Exchange Group (GAEEG), Li Yongtao, Deputy Director General of the Guangzhou Municipal Commission of Commerce, Chen Ping, Deputy Director General of Guangzhou Municipal Finance Bureau, Tan Bin, Deputy Head of Panyu District, Shi Hongyue, Secretary General of the Gems & Jewelry Trade Association of China (GAC), A.H.M. Imtizam, Chairman of the Sri Lanka Gem & Jewellery Association (SLGJA), Suttipong Damrongsakul, President of the Thai Gem & Jewelry Traders Association (TGJTA), Sanjay Shah, Diamond Panel Convener of the Gem & Jewellery Export Promotion Council (GJEPC) and other leaders attended the opening ceremony of the forum and delivered speeches. Among some 200 attendees were representatives from the international jewelry & diamond industry, academic and research institutes, and enterprises.
Liu Wen, Chairman of Guangdong Assets and Equity Exchange Group, delivers a welcome address.
Jointly Planning the Upgrading of the Jewelry & Diamond Industry
Under the jointly guidance of the Guangdong Assets and Equity Exchange Group, the Gems & Jewelry Trade Association of China, and the People's Government of Panyu District, the forum was an important sector of Guangzhou International Diamond & Jewelry Annual Meeting 2016 co-sponsored by the two exchanges. Leaders of competent government authorities, representatives from domestic and foreign industrial associations and chambers of commerce, industrial elitists, authoritative researchers, and representatives from key member enterprises of the two exchanges were gathered in Panyu, an important place in China's jewelry & diamond industry, to exchange the trends of the development of both domestic and international jewelry industries, discuss the great plan for industrial upgrading and development, and put force efforts to promote the innovation development and win-win cooperation of the jewelry & diamond industry via trading platforms under new circumstances.
Zeng Yongfu, Deputy Director General of the State-owned Assets Supervision and Administration Commission of Guangdong Province, delivers an address.
In their addresses, leaders from the State-owned Assets Supervision and Administration Commission of Guangdong Province, the Guangzhou Municipal Finance Bureau, the Guangzhou Municipal Commission of Commerce, the People's Government of Panyu District, and Guangdong Assets and Equity Exchange Group encouraged the two exchanges to respond to the national strategy of "Belt and Road", make full use of the foundation of Guangdong's diamond & jewelry industry, advance supply-side structural reform, strengthen domestic and international industrial cooperation, make the most of trading platforms as comprehensive service hubs and multipartite cooperation platforms, and drive the industry to overcome difficulties and develop innovatively.
Signing of Strategic Memorandums
At the forum, GZDE signed MOUs with the Israel Commercial Union, the School of Earth Science and Geological Engineering of Sun Yat-sen University, Eternal Asia Supply Chain Management Ltd., and Industrial Bank Co., Ltd. Guangdong Gems & Jade Exchange signed MOUs with TGJTA, the School of Earth Science and Geological Engineering of Sun Yat-sen University, the Xinjiang Hetian Jade Trading Center, and Shiji Heguang Technology Development (Beijing) Co., Ltd. (DHGate). Under the MOUs, the two sides will achieve win-win cooperation and plan for development.
GZDE signs MOUs with its partners.
GDGJE signs MOUs with its partners.
Discussing the Development of the International Jewelry & Diamond Industry
The forum was strongly supported by the international jewelry & diamond industry. In their opening addresses, Chairman of SLGJA and President of TGJTA pointed out that China has drawn wide attention from the international jewelry & diamond industry as the world's second-largest diamond and jewelry consuming country; over 70 % of the Chinese jewelry & diamond market are in Guangzhou and its neighboring areas, making it an important pivotal city on the 21st Century Maritime Silk Road; the establishment and operation of the two exchanges have created a convenient platform and huge space for international diamond and jade suppliers to develop the Chinese market and brought a new opportunity of win-win cooperation with the international jewelry & diamond industry.
Since successive establishment in 2015, the two exchanges have drawn wide attention from the jewelry & diamond industry and related industries both home and abroad. At the forum, they signed MOUs with international industrial organizations, supply chain solution providers, financial institutes, and other partners in such fields as industrial research and business application to jointly build an international jewelry & diamond factor market featuring standardized operation, orderly competition, efficient services, information sharing, innovation development, and win-win cooperation.
Liang Weizhang, General Manager of GZDE, interprets GZDE's business.
Li Zhiwei, General Manager of GDGJE, interprets GDGJE's business.
Enterprise representative, President of House of Art, delivers a speech.
Industrial leaders deliver impressive speeches
As two rising stars in the Chinese diamond & jewelry factor market, the heads of the two exchanges made impressive interpretations of the trading models and features of respective platforms, thus arousing the great interest of the attendees. On behalf of the international and domestic members of the two exchanges, a diamond enterprise from South Africa and a jewelry enterprise from Hong Kong introduced professional services they were entitled to as members and their gains from domestic and overseas market. The forum enjoyed a warm atmosphere.
The heads of the two exchanges expressed, "As an important part of 2016 Guangzhou International Diamond & Jewelry Annual Meeting, the forum aims to introduce to both domestic and international colleagues the functional localization and service plan of the two exchanges as international trading platforms and comprehensive industrial service hubs, bring together elitists from all walks of life, build a comprehensive platform which integrates industrial enterprise exchange, resource sharing, and media promotion and other such functions, gather together the resources from the government, enterprises, and academia, discuss together how to meet new challenges and seize new opportunities under the new normal, create an opportunity for multipartite exchanges and cooperation, and jointly promote the innovative development of the jewelry & diamond industry at home and abroad.”
Prof. Qiu Zhili from Sun Yat-sen University delivers a speech.
Prof. Wang Xianqing from Guangdong University of Finance & Economics delivers a speech.
Zheng Yulin, Deputy General Manager of the Guangzhou IP Exchange, delivers a speech.
Five experts from Sun Yat-sen University, Guangdong University of Finance & Economics, the Guangzhou IP Exchange, the Gem and Jewelry Institute of Thailand, and the Gem & Jewellery Export Promotion Council of India (GJEPC) were invited to deliver speeches on topics such as Analysis on the Pricing Powers Forms of Important Gem and Jade Resources: illustrated by the example of diamond and Jadeite, Jewelry & Jade Element Trading Platform Construction and Supply Chain, Diamond Industry Cooperation between China and India, Jewelry Design and Intellectual Property, and Ruby & Sapphire Color Standards. They elaborated on innovative measures for promoting the development of the jewelry industry such as trading platform construction, pricing mechanism, international industrial cooperation, intellectual property rights, and testing and appraisal techniques. The attendees both home and abroad said that they enjoyed communicating with industrial leaders, and the forum climaxed in a warm atmosphere of interaction.
Pornsawat Wathanakul, Director of the Gem and Jewelry Institute of Thailand, delivers a speech.
Sanjay Shah, Diamond Panel Convener of the Gem & Jewellery Export Promotion Council of India, delivers a speech.
The forum is an international industrial event held successfully in Guangzhou Panyu District, an important place in China's jewelry & diamond industry, when international economy is being adjusted, the pattern of the jewelry & diamond industry is changing, the emerging consumer market is transforming, and China's jewelry & diamond industry is in earnest demand of professional and convenient trading platforms. The forum has built a bridge of communication between China's jewelry & diamond industry and the international jewelry & diamond industry and created an exchange opportunity for industrial enterprises. It will effectively promote all-round and deep cooperation between China's jewelry & diamond industry and the international jewelry & diamond industry, the integration of China's jewelry & diamond industry into the international market, and the high-end development of China's jewelry & diamond industry.