China's import volume of polished diamonds is now the world's second largest, according to the report from the People's Daily Online Wednesday, citing information from the China Diamond Conference in Shanghai.
From January to September, 2010, the volume of US, Chinesemainland and Japan were of $3.1 billion, $0.9 billion and $0.51 billion respectively, according to the report,
The international diamond industry is generally optimistic about China's diamond market, deeming that the next 10 years will be a golden development period for the country's diamond industry.
China has been in a fast growing phase and is playing a more important role in the growth of global diamond market, said an official from Rio Tinto, according to the report.
Rio Tinto, according to reports from the Xinhua News Agency, has built a strategic partnership with Chow Tai Fook to jointly develop the sector in China.
"The emerging consumers of middle and higher classes in China will be the preferred group," said Rio Tinto.
From January to September, 2010, the volume of US, Chinesemainland and Japan were of $3.1 billion, $0.9 billion and $0.51 billion respectively, according to the report,
The international diamond industry is generally optimistic about China's diamond market, deeming that the next 10 years will be a golden development period for the country's diamond industry.
China has been in a fast growing phase and is playing a more important role in the growth of global diamond market, said an official from Rio Tinto, according to the report.
Rio Tinto, according to reports from the Xinhua News Agency, has built a strategic partnership with Chow Tai Fook to jointly develop the sector in China.
"The emerging consumers of middle and higher classes in China will be the preferred group," said Rio Tinto.
