During the first half of the year, China saw improvement in its jewellery sales, recording a 7.9 per cent year-on-year growth.
According to the National Bureau of Statistics of China, retail sales of gold, silver, and jewellery from January to June rose to RMB152.8 billion, or around CAD$28 billion. What’s more, June alone saw sales of around CAD$4.5 billion, up 6.3 per cent from last year.
The latest government data represents yet another solid performance of China’s jewellery retail sector, recording growth for the sixth consecutive month. From January to May, China’s jewellery sales were up 8.2 per cent from the same period a year prior.
Author: Canadian Jeweller Magazine Staff
Canadian Jeweller Magazine Staff is the shared byline for reporting filed by the magazine's editorial desk. Founded in 1879, Canadian Jeweller is the longest running jewellery business publication in Canada, covering market reporting, retail strategy, watches, diamonds, coloured gemstones and the commerce of the Canadian jewellery trade. Work published under this byline is edited and verified by the Canadian Jeweller editorial team in Toronto.
