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China Bourse joins Lab Diamonds Enthusiasm | Grown Diamond Corp

Guangzhou Diamond Exchange

Recently, the Guangzhou Diamond Exchange (GZDE) signed a cooperation agreement with a number of China’s synthetic diamond suppliers to manufacture and promote lab grown diamonds in China.

 

China’s Diamond Market

 

China’s market has, in recent months, been volatile. In such a situation, the diamond industry of the country has taken this step to make the supply of lab created diamonds more steady and consistent.

 

The Diamond Administration of China states that China is one of the largest diamond-buying nation, second only to the USA. Experts have estimated a 15% growth in the diamond market in China in the coming years. When it comes to luxury goods, experts have predicted that China will surpass Japan in luxury goods consumption.

 

High Diamond Demand

 

The diamond market is being considered a good business opportunity for small and large traders to diversify their business profiles as the demand for diamonds has increased manifold in the last few years. Customers are looking for quality at reasonable prices, both parameters that laboratory grown diamonds satisfy.

 

Guangzhou Diamond Exchange Agreement

 

The two parties got into the agreement at the 2019 China International Gold Jewelry & Gem Fair in Shenzen. The reasons for this agreement:

The synthetics dealers will use a new GZDE logo that references them as lab diamond sellers.

 

Future of lab grown diamonds in China

 

Reports suggest that China’s lab grown industry might reshape the global gemstone industry. (Business Times, Feb 2019) However, analysts want to wait and watch how the perception of the consumers pans out. It is that, which will decide China’s chances of turning into a major supplier of lab grown diamonds.



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In such a situation, the \u003cstrong\u003e\u003ca href=\"https://www.growndiamondcorp.com/\"\u003e diamond industry\u003c/a\u003e\u003c/strong\u003e of the country has taken this step to make the supply of \u003ca href=\"https://www.growndiamondcorp.com/\"\u003e\u003cstrong\u003elab created diamonds\u003c/strong\u003e\u003c/a\u003e more steady and consistent.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Diamond Administration of China states that China is one of the largest diamond-buying nation, second only to the USA. Experts have estimated a 15% growth in the diamond market in China in the coming years. When it comes to luxury goods, experts have predicted that China will surpass Japan in luxury goods consumption.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch3\u003eHigh Diamond Demand\u003c/h3\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe diamond market is being considered a good business opportunity for small and large traders to diversify their business profiles as the demand for diamonds has increased manifold in the last few years. Customers are looking for quality at reasonable prices, both parameters that \u003ca href=\"https://www.growndiamondcorp.com/\"\u003e\u003cstrong\u003elaboratory grown diamonds\u003c/strong\u003e\u003c/a\u003e satisfy.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch3\u003eGuangzhou Diamond Exchange Agreement\u003c/h3\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe two parties got into the agreement at the 2019 China International Gold Jewelry \u0026amp; Gem Fair in Shenzen. The reasons for this agreement:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\r\n\t\u003cp\u003eThe high tech quality of \u003ca href=\"https://www.growndiamondcorp.com/\"\u003e\u003cstrong\u003eman made diamonds\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003e\r\n\t\u003cp\u003eLowers costs and superior quality, the same as mined diamonds\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003e\r\n\t\u003cp\u003eThe ability for a stable supply of real diamonds\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003e\r\n\t\u003cp\u003eApplication in creative design as well as other industries\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eThe synthetics dealers will use a new GZDE logo that references them as lab diamond sellers.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch3\u003eFuture of lab grown diamonds in China\u003c/h3\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eReports suggest that China\u0026rsquo;s lab grown industry might reshape the global gemstone industry. (Business Times, Feb 2019) However, analysts want to wait and watch how the perception of the consumers pans out. It is that, which will decide China\u0026rsquo;s chances of turning into a major supplier of lab grown diamonds.\u003c/p\u003e\r\n","FromDate":null,"ToDate":null,"Image_Url":"GZDE_Guangzhou_Diamond_Exchange.jpg","Image_Alt":"Guangzhou Diamond Exchange","KeyWords":"lab created diamonds, best lab created diamonds, lab created, created diamonds, laboratory diamonds, laboratory created diamonds, lab created real diamonds","MetaDescription":"China is experiencing high demand of diamonds and the market is growing rapidly. The Chinas domestic market has adapted lab grown diamonds as a way-out and is expected to re-shape the global gemstone industry. 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