The Ambassador, Dr Palitha Kohona, participated in the International Jewelry Summit held in parallel with the China International Import Expo 2021 (CIIE) in Shanghai as a keynote speaker. The Ambassadors of Belgium, and Italy spoke on video. Among the other speakers were representatives from, ASEAN, Malaysia and Myanmar, all on line.
China's E-market for Gems and Jewelry has recovered considerably and now is a key partner of Italian and Belgian industries recovering from the pandemic.
Both Belgian and Italian speakers emphasised that the gems and jewelry trade has become a key element in their economies and their trade with China. It is also a major employment generator in those countries.
China's jewelry industry will grow by 14% this year creating an opportunity for gem exports to become a major export and a foreign exchange earner for Sri Lanka. The world industry will grow by 3-4%.
Many who attended the lunch afterwards expressed the hope that the Sri Lankan gems and jewelry trade would be better represented at the CIIE 2022, particularly noting the wide array of Sri Lanka stones being displayed and sold by other exhibitors. The Thai, Indian and Pakistani gem displays were considerably glamorized by the impressive collections of Sri Lanka stones exhibited by them. The piece de resistance was the crystal clad porche (belonging to the royal house of Dubai) occupying the spot originally reserved for Sri Lanka's star cluster.
The National Gem and Jewelry Testing Centre of China's, Ye Zhibin, Director, and the Geological Laboratory Standardization’s, Director, Yang Lixin, have asked whether a formal relationship could be established with Gem & jewelry Authority of Sri Lanka.
Embassy of Sri Lanka
Beijing
14 November, 2021
