Zimbabwe and Panyu cooperate to develop the diamond industry with bright prospects

On the afternoon of February 25th, Chinese Ambassador to Zimbabwe, Shun Kang and his entourage visited the district to inspect the jewellery industry and conduct exchange activities. Li Sanjian, vice president of Guangzhou CCPIT, Li Zhiwei, director of the District Economic and Trade Promotion Bureau, District Trade Promotion Committee, and District Jewelry Manufacturers Association Participated in the event together with the relevant business leaders. At the exchange forum, Qi Shunkang gave a detailed account of Zimbabwe’s economic, mineral, and tourism conditions. Zimbabwe’s exports of minerals in 2011 were approximately US$4.4 billion, making it a global diamond storage country. After visiting the jewelry industry park and some diamond processing enterprises, Yan Shunkang listened to the operation display of the B2B e-commerce platform of the Diamond Exchange, and fully understood the situation of the Panyu diamond industry. He learned that 70% of Hong Kong jewelry is produced and processed in Panyu, and the advantages of Panyu products. Mainly focused on diamond rough processing and jewelry inlay business, he said that the direct establishment of diamond trade relationship under the linkage of the two industries is an important opportunity for the Panyu diamond industry. The realization of zero-distance docking will promote the breakthrough development of the diamond industry. It is understood that in recent years, diamond consumption has steadily increased in the global market. The annual growth rate of diamond demand in the next 10 years is over 6%. Therefore, the prospect of Zimbabwe and Panyu cooperation in developing the diamond industry is very bright, which is conducive to breaking the regional monopoly of diamond mineral resources. To enable Panyu diamond dealers to expand the world diamond market more conveniently, it will expand the channels for docking overseas diamond mineral resources, reduce the intermediate links in the procurement of diamond raw materials, greatly reduce the procurement costs of both parties, and reduce the raw material costs of jewelry processing enterprises, thereby promoting The Panyu jewelry industry is developing better.

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