Post by account_disabled on Dec 26, 2023 2:52:45 GMT -6
Shanghai commercial ambassador points out opportunities for Thai jewelry to enter the Chinese market, identifying colored gemstones and silver jewelry. It has continued to increase in popularity. Young Chinese people love modern design. Buy jewelry to boost your confidence. Give as a gift for special occasions Miss Jiranan Hiranyasamrit Director of the Office of Overseas Trade Promotion in Shanghai, People's Republic of China, said that since March The COVID-19 outbreak situation in China is starting to improve. Most Chinese businesses have now resumed operations. Including many companies doing gems and jewelry business. As for the people, they began to come out and spend more. Compared to the outbreak period The Chinese jewelry market is the second largest market in the world after the United States.
Most consumer groups are in main cities with purchasing power such as Beijing, Shanghai, Shenzhen, Guangzhou, with gold jewelry being the most popular and number one. Because it is easy to exchange for Telegram Number Data money It is a product that adds social value. Young Chinese people are interested in gold jewelry with beautiful patterns. “Colored gemstones are Thai gemstones that are very popular in the Chinese market. especially ruby and sapphire Because of its quality, sophistication, durability and uniqueness. Meanwhile, silver jewelry is a product that is receiving more attention from Chinese people. The Chinese people like designs with modern patterns. And they are popularly bought as gifts. The China Luxury Report 2019 research indicates that gem and jewelry consumption in China reached 585 billion yuan in 2018, which can be divided into main consumer groups, including consumers born in the 80s approximately.
China is a large market with high competition from both local entrepreneurs and world-famous brands. “After the outbreak of COVID-19, Chinese consumers are more cautious in their spending, which is another challenge for Thai gem and jewelry entrepreneurs this year,” Mrs. Jiranan added. Data from the Ministry of Commerce indicates that during January-March 2020, Thailand exported gems and jewelry products to the Chinese market with a total value of 22.9 million US dollars, a decrease of 80.69 percent from the same period last year. The export of main products such as silver jewelry totaled USD 20.4 million, a decrease of 61.31 percent for the jewelry industry in Thailand.
Most consumer groups are in main cities with purchasing power such as Beijing, Shanghai, Shenzhen, Guangzhou, with gold jewelry being the most popular and number one. Because it is easy to exchange for Telegram Number Data money It is a product that adds social value. Young Chinese people are interested in gold jewelry with beautiful patterns. “Colored gemstones are Thai gemstones that are very popular in the Chinese market. especially ruby and sapphire Because of its quality, sophistication, durability and uniqueness. Meanwhile, silver jewelry is a product that is receiving more attention from Chinese people. The Chinese people like designs with modern patterns. And they are popularly bought as gifts. The China Luxury Report 2019 research indicates that gem and jewelry consumption in China reached 585 billion yuan in 2018, which can be divided into main consumer groups, including consumers born in the 80s approximately.
China is a large market with high competition from both local entrepreneurs and world-famous brands. “After the outbreak of COVID-19, Chinese consumers are more cautious in their spending, which is another challenge for Thai gem and jewelry entrepreneurs this year,” Mrs. Jiranan added. Data from the Ministry of Commerce indicates that during January-March 2020, Thailand exported gems and jewelry products to the Chinese market with a total value of 22.9 million US dollars, a decrease of 80.69 percent from the same period last year. The export of main products such as silver jewelry totaled USD 20.4 million, a decrease of 61.31 percent for the jewelry industry in Thailand.