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Upsurge in Hong Kong jewellery exports to benefit international show

Acting Chief Executive, Mr. Donald Tsang officiated at the opening ceremony of the 20th Hong Kong International Jewellery Show. He was accompanied by Chairman of the TDC's Jewellery Advisory Committee Mr. Leung Sik Wah and TDC's Executive Director Mr. Michael CC Sze.
Photo shows Acting Chief Executive Mr. Donald Tsang and models donning exquisitely designed jewellery pieces from Hong Kong and overseas renowned designers at the "Designer Jewellery Galleria".
The debut Watch and Clock Pavilion showcases new-look timepieces from close to 50 exhibitors.
Hong Kong's jewellery exports recorded a strong rebound last year, with shipments soaring by 17% to HK$19 billion. This augurs well for the four-day Hong Kong International Jewellery Show 2003 which opened at the Hong Kong Convention and Exhibition Centre this morning, says Chairman of the Trade Development Council's (TDC) Jewellery Advisory Committee, Mr. Leung Sik Wah.

Last year's biggest jewellery shipments went to Hong Kong's major markets: the US, UK and Germany, which chalked up increases of 25%, 19% and 17 %, while exports to the Chinese mainland rose by 23%.

Mr Leung pointed out that the Show had over the years helped transform Hong Kong into the jewellery industry's manufacturing, marketing and sourcing centre of the world.

A total of 1,187 exhibitors from 30 regions and countries are taking part in this year's fair, 20% up on last year.

Over a dozen countries and organisations have set up pavilions. They include Belgium, India, Italy, Israel, Japan, Korea, Singapore, Thailand, the UK, the US, the Chinese mainland, Taiwan and the International Colored Gemstone Association (ICA).

And more than 30 buying missions from Australia, the Chinese mainland, Dubai, Italy, Japan, Mexico, Spain, Taiwan and the US are also in town for the Show.

In addition to providing more room for a greater variety of goods and, consequently, a wider choice of products, this year's Show is featuring new display areas.

Particularly notable of these is the Watch and Clock Pavilion, where close to 50 exhibitors are showcasing attractive, new-look time pieces.

The Designer Jewellery Galleria is another stellar attraction. Visitors to the gallery will be treated to a stunning display of exquisitely designed jewellery pieces from Japan, France, Israel, the Philippines, Thailand and Hong Kong.

The creative talents of local designers are also on view. Their winning creations in this year's Hong Kong Jewellery Design Competition are being prominently shown at the fair conveying the theme "Harmony of Colours".

Pearl and gem exhibitors too are out in force, showcasing an incredible array of fabulous pearls and gems at the "World of Pearls and Gems" section.

China's accession to the WTO continues to offer many new business opportunities. These extend to the jewellery industry as well. To keep exhibitors and visitors abreast of developments in the Chinese mainland market, experts have been invited to speak at the fair on the "Development of China's Diamond Industry".

Seminars are being held to bring fair participants up to date on world trends and issues influencing the industry.

Following are other highlights of the four-day event:
  • A display of the winning jewellery pieces in the Fourth Hong Kong Jewellery Design Competition and the 2003 International South Sea Pearl Jewellery Design Competition;
  • A parade of models donning jewellery and time pieces;
  • The holding of two world-renowned pearl auctions, namely the Paspaley Pearl (March 2-4) and Robert Wan Tahiti Perles Auctions (March 5-7).
  • Unveiling of the findings of an industry survey. This will be held on the last day of the Show.
Now in its 20th year, the exhibition is organised by the TDC in conjunction with the Hong Kong Jewellers' & Goldsmiths' Association, the Hong Kong Jewellery & Jade Manufacturers Association, the Hong Kong Jewellery Manufacturers' Association and Diamond Federation of Hong Kong.

The Show is also supported by the Hong Kong Watch Manufacturers Association Ltd. and the Federation of Hong Kong Watch Trades & Industries Ltd.

Acting Chief Executive, Donald Tsang officiated at the opening. He was accompanied by Chairman of the Hong Kong Jewellery & Jade Manufacturers Association Mr. Charles Chan; Chairman of Diamond Federation of Hong Kong Mr. Lawrence Ma; Chairman of Hong Kong Jewellery Manufacturers' Association Mr. Patrick Luk and TDC's Executive Director Mr. Michael CC Sze. For details, please see http://www.hkjewellery.com

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For press enquiries, please contact Beatrice Lam or Lawrence Yau of the TDC's Corporate Communication and Marketing Department at 2584 4333.

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Content provided by Hong Kong Trade Development Council