
According to Wu Yunhai, vice president of the Yunnan Institute of Quality Supervision and Inspection of Gems and Jade, 2012 was a slow year for global economic growth. Affected by the general environment once, China’s jade market has entered a period of consolidation, with the past few Compared with the year, the price of jadeite in 2012 has experienced a large decline. However, the quality of gems and jades in Yunnan Province increased by 4.2% compared with that of 2011. This shows that although the jewelry market in Yunnan Province is in a period of consolidation, its quality is still at a relatively high level. Compared with previous years, the growth rate of some high-end jewellery companies in Yunnan has slowed down, and the volume of high-end, high-priced jewelry has also dropped significantly compared with previous years.
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