Guangzhou International Jewelex (China) 2003
Guangzhou Jinhan Exhibition Center,
China
November 21- 24, 2003

The Premier Jewellery Event in Guangzhou
The Guangzhou International Jewelex (China) aims to bring 650 jewellery & watch companies, local & overseas to meet over 15,000 trade buyers and professionals in the mainland. During Nov 21-24, 2003, for the first time ever, an immense jewellery fair will be hled at one of the major cities in China - Guangzhou Jinhan Exhibition Center.

The element of this event has been developed in par with the development of China's jewellery industry since its first boom in the early 1980s, when the successful economic reforms gave the Chinese wealth but few opportunities to invest. Since then, there had been a yearly increase reached RMB 80 billion (USD 9.6 billion)		 Exquisite jewellery collection awaits over 10,000 quality buyers
Immense Development of China's Jewellery Industry
Experts predict that China will become one of the most competitive jewellery processing and production centers in the world within 10 years. With annual sales reaching RMB150 billion in 2010, the Chinese market will account for 10% of the world's total sales of jewellery products, becoming the largest jewellery market in the world.

With population five to six times higher than the United States, China has only one-fifieth of the jewellery sales of the United States. Leaders in China expect to maintain an annual 7% economic growth by the end of 2002 that constant economic improvement results in higher people's living standard.

Rapid Watch Retail Growth
Immense economic growth prompts foreign timepieces consumption. Increasing purchasing power of middle-class group poses the trend for brands that every purchase reaches USD 120 - 12,000. According to the China National Commerical Information Centre's recent survey, 4 foreign brands step in top 10 brands list in market share, and in 2001 retail value, imported timepieces account for 73.2% of the total that reflect the emergence of competition among import brands. The Guangzhou International Jewelex (China) is set to be a right time and optimal opportunity for import brands to test the huge consumer market, grasp current drift and market the land.

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