Under the jointly guidance of Guangdong Assets and Equity Exchange Group, the Gems & Jewelry Trade Association of China and the People's Government of Panyu District, December 2 witnessed the grand opening of 2016 Guangzhou International Diamond & Jewelry Annual Meeting, which was co-sponsored by Guangzhou Diamond Exchange (GZDE) and Guangdong Gems & Jade Exchange (GDGJE). During the meeting, the distinctive International Buyer Seller Meet of Diamonds and Color Stones in Shawan Jewelry Industrial Park attracted a multitude of jewelers from home and abroad.
A huge crowd of visitors at the BSM
Heads of jewelry association from India，Sri Lanka and Thailand visited the BSM
Exhibitors introduced goods to buyers
The BSM was an important part of 2016 Guangzhou International Diamond & Jewelry Annual Meeting. The co-sponsors GZDE and GDGJE ("the two exchanges") are state-owned comprehensive diamond, jewelry and gem trading platforms established by the industry with the approval of the People's Government of Guangdong Province. They are committed to building international comprehensive jewelry & diamond service hubs based in Guangzhou, thus serving Guangdong, Hong Kong and Macao, and covering the country and targeting the world.
This time, the two exchanges jointly gathered nearly 30 domestic and foreign exhibitors to present over 1,000 items, including diamonds from India, the world's largest diamond processing country, and Hong Kong, a major international diamond trade hub, sapphires and other colored gemstones from Sri Lanka, one of the countries with the richest gem resources in the world, as well as rubies from Thailand, a well-known color gemstone industry country. The diamonds and gems on display were fascinating and magnificent.
It is understood that the international jewelry & diamond materials for the BSM were from China (Guangdong) Pilot Free Trade Zone Nansha Area of Guangzhou and exhibited in Shawan Town of Panyu, a jewelry town in Guangdong. It was the first time that jewelry & diamond materials had been exhibited after having being released in batch from the specially supervised area of the free trade zone. Based on the advantage of Guangdong in the jewelry & diamond industry and the innovative policies of the free trade zone, the two exchanges organized high-quality international sources of goods and invited competitive domestic buyers for goods inspection. As a free trade form vigorously promoted by the country, bonded exhibition, international trade, and a series of bonded services enable enterprises to view goods at home, communicate with international customers face to face, and make international purchase plans, thereby greatly reducing purchasing, logistics and financial costs.
The heads of the two exchanges expressed, "The success of the BSM attributes to the constant innovation of national policies, the strong support to Guangdong's jewelry & diamond industry from the People's Government of Guangdong Province and the Guangzhou Municipal People's Government, and the support from the jewelry & diamond industries in India, Thailand, Sri Lanka, Hong Kong, and Mainland China. Next, with the concern and support of all sectors of society, the two exchanges will make unremitting efforts, give full play to their advantages as professional and international trading platforms, and make due contributions to the transformation, upgrading and development of Guangdong's jewelry & diamond industry, as well as the international financing and prosperity of China's jewelry & diamond industry."
A.H.A Imtizam, Chairman of the Sri Lanka Gem & Jewelry Association, also expressed, "China is the most important trade partner of Sri Lanka and one of the most important jewelry and jade consumption markets and industrial countries in the world. We believe that the Sri Lankan enterprises participating in the fair this time will return with fruitful results. Meanwhile, the BSM will surely elevate the cooperation between the jewelry industries of China and Sri Lanka to a higher level.”
The success of this BSM has effectively facilitated international exchange in the jewelry & diamond industry, opened a new international horizon for Guangdong's jewelry & diamond industry, boosted the communication and cooperation between Guangdong's jewelry enterprises and international jewelry enterprises, and created a new opportunity of mass entrepreneurship and innovation for the jewelry industry. Meanwhile, the BSM has greatly enhanced the involvement and right of speech of Guangdong's jewelry & diamond industry in the international materials market, enhanced the influence of China's jewelry industry on the international market, injected vitality into China's jewelry industry on the supply side, and will have positive effect on the transformation and upgrading of China's jewelry & diamond industry. Thus, Guangzhou has taken a firmer step toward becoming an international jewelry & diamond resource allocation center, a price formation center, and a trading center.
The sparkling diamond on the BSM
Prestigious cat’s eyes from Sri Lanka
Sparkling Star Sapphires are popular on the BSM