Qingdao jewelry market became the third national jewelry market after Guangzhou and Yiwu

February 23, 2023

Focusing on “turning the way and adjusting the structure”, Qingdao actively promoted the development of clustering of commodity markets. The key cultivated Chengyang jewelry and accessories market group has developed rapidly and begun to take shape. It has become the third national handicraft and jewelry level after Guangzhou and Yiwu. The market presents the following features:

First, the transaction is prosperous and active. The two major backbone markets in the market, China-Korea International Commodity City and International Arts & Crafts City have overcome the impact of the international financial crisis. It is expected that the transaction volume will reach 3.5 billion yuan in January-August, an increase of more than 140% year-on-year.

Second, the construction scale is large and the grade is high. The China-Korea International Commodity City has invested 1 billion yuan and has a construction area of 400,000 square meters. It has also built a number of supporting facilities such as Xingyang Road New Ornaments Jewelry Commercial Street, warehousing and logistics center, business hotel, catering, and banking; International Arts & Crafts City Investment 4.1 With 100 million yuan and a building area of 170,000 square meters, it has been rated as a national 4A-level scenic spot, and functions such as tourism, sightseeing, leisure, and shopping have become increasingly perfect.

Third, the influence and radiation power continue to increase. At present, more than 2,000 manufacturers from 17 countries and regions have entered and buyers from more than 10 countries and regions have purchased. Attracted the mainstream brands such as Shin Kong, Italina and other top ten brands and Korean jewelry representing the highest level of China's fashion jewelry industry to enter the market, becoming an important jewelry display and trading platform in North China and Northeast Asia.

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Ms. Lily Yu

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