Shanghai International Jewelry Fashion Functional Area Unveiled in Shanghai

The Shanghai International Jewelry Fashion Functional Area was unveiled in Shanghai on the 16th. Qiu Wen, director of the Huangpu District Business Committee in Shanghai, stated that the jewelry industry in the Shanghai International Jewelry Fashion Functional Area has a good foundation and a perfect ecosystem. There are over 400 gold, jewelry, and diamond enterprises within the functional area, with the retail sales of gold and silver jewelry by units above the quota accounting for 1/10 of the total in Shanghai. Gianfranco Cavalleri, Chairman of the World Jewelry Federation, said in an interview in Shanghai that Shanghai is one of the world's important commercial centers, and the construction of this functional area will not only affect Shanghai but also the world. Cavalleri has visited Shanghai many times and has been impressed by the changes in the city. He expressed his optimism about the market opportunities here.