日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

China's diamond demand sparkles

By Du Juan | China Daily | Updated: 2011-11-09 07:55

China's diamond demand sparkles

A diamond shopping mall in Beijing. The Shanghai Diamond Exchange said that transactions in the first nine months reached 12,038.71 carats, worth $3 billion, representing a year-on-year rise of 58.4 percent. Pu Feng / For China Daily

New couples and consumers in smaller cities driving sales of precious stones

TIANJIN - The fifth-largest diamond producer in the world said on Tuesday that China's demand for the precious stones will steadily increase in spite of rising prices.

Empresa Nacional de Diamantes (Endiama), the national diamond company based in Angola, said that the Chinese market had accounted for up to 40 percent of its exports annually on average over the past three to five years.

The company is also seeking Chinese partners to help explore, produce and distribute the gemstones.

"We have already set up cooperative relationships with many Chinese companies and we want more," said Antonio Carlos Sumbula, chairman of Endiama. He declined to identify specific partners.

"The diamond mines in the area have a potential reserve (that could last) for 40 years," said Antonio Jose Freitas, marketing and communication manager. He said that it would cost about $500 million in total to explore those mines.

Sumbula said that although a civil war only ended about 10 years ago, the government could ensure a safe business environment for foreign investors in the diamond industry and would provide incentives, including tax breaks.

However, Chinese industry experts said that risks persist in overseas investment by mining companies.

"The exploration technologies of Chinese companies are mature, but it is not a simple decision to make to invest in African diamond projects because of both the political and financial risks," said Cui Dewen, vice-chairman of the China Mining Association.

The Shanghai Diamond Exchange said that its transactions of the precious stones in the first nine months reached $3 billion, up 58.4 percent year-on-year, with the price up 30 percent.

The transaction volume in the first nine months reached 12,038.71 carats, according to the exchange.

China's diamond consumption is set to grow on demand from new couples, said Xu Xiaoxue, senior manager in the investment department of the online diamond and jewelry retailer Zbird.com.

He said China is the second-largest buyer of diamonds in the world after the United States.

"The Chinese diamond market is still developing. Besides first-tier cities such as Beijing and Shanghai, second-tier cities are now gaining more consumption power for diamonds," he said.

Xu noted that the diamond exploration business is monopolized by a few global players, with Chinese companies mostly involved in downstream operations instead of exploration.

"It requires huge money to be active in the exploration sector," he said.

China Daily

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 婷婷中文 | 日韩午夜av | 国产原创av在线 | 欧美日本免费 | 日日射av | 快灬快灬一下爽蜜桃在线观看 | 久久久久黄 | 女人天堂网站 | 五月天综合在线 | 日韩精品一区二区三区在线观看 | 人人澡人人插 | 国产黄色一区二区三区 | 黄色大片在线播放 | 黄色一级小视频 | 日韩成人在线播放 | 亚洲综合免费 | 日少妇视频 | 日本亚洲国产 | av中文在线 | 91免费在线视频 | 日本精品久久 | 香蕉毛片视频 | 亚洲字幕av一区二区三区四区 | 3d动漫精品啪啪一区二区免费 | 久久精品国产免费 | 中文字幕精品无 | 不卡视频一区 | 懂色av一区二区三区 | 欧美日韩亚洲在线观看 | 国产黄毛片 | 91午夜理伦私人影院 | 欧美成人aaa | 欧美极品jizzhd欧美 | 91免费看网站 | 国产精品嫩草影院俄罗斯 | 波多野结衣一区二区三区四区 | 国产黄色片在线观看 | 欧美日本久久 | 日本激情影院 | 天天摸天天操天天干 | 成人黄色免费在线观看 |