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Sparkling Outlook for Hong Kong Jewellery Industry

Sparkling Outlook for Hong Kong Jewellery Industry
Joining Mr. Christopher Cheng (fifth from left) at the opening today (March 1) were Mr. Charles Chan, President of Hong Kong Jewellery & Jade Manufacturers Association; Mr. Lawrence Ma, Chairman of Diamond Federation of Hong Kong, China; Mr. Aaron Shum, Chairman of Hong Kong Jewelry Manufacturers' Association, Mr. Ho Pak Tao, Vice Chairman of Hong Kong Jewellers' and Goldsmiths' Association; Mr. Fred Lam, TDC Executive Director and jewellery industry leaders from the US, Italy, France, Germany, Japan and the Chinese mainland.
Sparkling Outlook for Hong Kong Jewellery Industry
Not only women but also men are jewellery fans. Accompanied by TDC Executive Director Mr Fred Lam (2nd from right), Mr. Christopher Cheng (2nd from left) visited the booth of TSL, a home-grown retail brand, at Hong Kong International Jewellery Show 2005. Next to Mr. Lam is Mr. Tse Sui Luen, founder of TSL Jewellery Co Ltd.
Sparkling Outlook for Hong Kong Jewellery Industry
The 22nd Hong Kong International Jewellery Show, the largest ever, has attracted buyers from around the world.
Sparkling Outlook for Hong Kong Jewellery Industry
Mini parades will be held throughout the fair period to showcase the beauty of jewels.

Hong Kong International Jewellery Show
HKCEC, 1-4 March, 2005

Building on Hong Kong's reputation for style, quality and craftsmanship, as well as strong interest from mainland consumers, local jewellery exports and domestic sales are expected to grow in 2005, said Trade Development Council Member Christopher Cheng, at the opening ceremony of the 22nd Hong Kong International Jewellery Show.

"Hong Kong is particularly strong in producing fashionable pieces set with small gemstones. We are on par with the best in Europe when it comes to design capabilities and gem-setting skills," said Mr. Cheng.

Hong Kong is the world's third largest exporter of precious jewellery, after Italy and the US. Last year, total jewellery exports surged by 19 per cent to US$2.58 billion. Exports to Hong Kong's largest market, the US, increased by 10 per cent to US$1.3 billion.

Domestic sales also saw a robust growth fuelled by an increase in mainland tourists after the relaxation of visa requirements for mainlanders to visit Hong Kong.

Also speaking at the opening ceremony, Chairman of TDC's Jewellery Advisory Committee Charles Chan said the fair had expanded to meet demands of exhibitors and buyers.

The four-day fair, held at the Hong Kong Convention and Exhibition Centre, has attracted a record 1,546 exhibitors from 40 countries and regions, including group pavilions from the US, Italy, Belgium, Dubai, Japan, Korea, Singapore, Chinese mainland, Taiwan, Thailand, India and Israel. TDC has also organised more than 50 buying missions or 1,381 major buyers from around the world.

Adding to the already successful event, TDC has introduced new features, including Les Salons Prives, allowing buyers and exhibitors a discrete venue for business at the heart of the fair venue.

Other highlights of the show:

Special Zones:
Designer Jewellery Galleria and Le Salon Extraordinaire return with impressive growth in exhibitor number, including 46 designer labels and 22 top-range jewellery companies. The Watch and Clock Pavilion will showcase quality timepieces and branded jewellery watches from 52 manufacturers.

Mini parades:
Models will display jewellery and watch collections in a series of parades at Designer Jewellery Galleria, Watch & Clock Pavilion and Le Salon Extraordinaire.

Jewellery display:
Award-winning designs from the 6th Hong Kong Jewellery Design Competition and the 5th International South Sea Pearl Jewellery Design Competition will be on display.

Seminars:
Topics up for discussion at a series of events include product information and trends on gems, cultured pearls, jewellery designs and mainland market.

Jewellery Auctions:
Paspaley Pearl and Robert Wan Tahiti Auction, two of the world's major pearl companies, will hold pearl auctions for invited buyers at the Grand Foyer (February 27- March 1) and in Room 301-312 (March 2-3).

The fair is jointly organised by TDC and four major jewellery associations in Hong Kong: the Hong Kong Jewellers' & Goldsmiths' Association, Hong Kong Jewellery & Jade Manufacturers Association, Hong Kong Jewelry Manufacturers' Association and Diamond Federation of Hong Kong, China.

Admission to the fair is free for traders aged 18 or above. For further details, please visit the fair website: www.hkjewellery.com

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For press enquiries, please contact TDC Corporate and Media Communication Department at 2584 4333.

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Content provided by Hong Kong Trade Development Council