The prices of jadeite and jade have not dropped, and there has been no major fluctuation in sales compared to the same period last year. The reason why the price of jadeite is so strong is that its reserves are very limited. At the same time, due to its characteristics of appreciation, value preservation and easy transferability, it has become a new investment hotspot. The market demand is large, but the imbalance between supply and demand has led to the firm price of jadeite. At present, my country is the world's largest processor and consumer of jade and jadeite. Although China's jewelry industry started late, it has developed rapidly, especially since 2001. The industry has grown rapidly at an annual growth rate of more than 15%, and the export growth rate has exceeded 20% for several consecutive years. The number of people employed in the jewelry and related industries has also grown from 20,000 at the beginning to nearly 3 million today. The development of the industry has also promoted the rapid growth of the domestic jewelry consumption market, and the market potential is huge. Jewelry is becoming the third largest consumer item for Chinese people after houses and cars. According to relevant statistics, in 2006, the sales volume of jewelry in my country reached 150 billion yuan, and exceeded 170 billion yuan last year. The China Jewelry, Jade & Stone Jewelry Industry Association predicts that by 2110, my country's annual jewelry sales will exceed 200 billion yuan. In jewelry consumption, jadeite sales amount to approximately RMB 40 billion per year. High-end jade has become the first choice for collection and investment. In recent years, the jade market has been unprecedentedly prosperous, with a wide variety of domestic and foreign products at high prices, making it a high-end consumer product for fashion-conscious people. Especially this year, under the influence of the global financial crisis, some investors and collectors changed their strategies and turned their attention to the jade industry. The industry believes that when investing in and collecting jadeite, one must spend a lot of money and start with high-end products. Even if the market is sluggish, top-quality collections will be in high demand. Jadeite is also commonly known as Burmese jade. "Jadeite" is the beautiful name given by the Chinese to this natural spirit. Jade is divided into glass type, ice type, oily green, bean green, flower green, melon green, etc., among which glass type is the most precious. The best color of jade is bright and tender green, while rich, bright, correct and uniform colors are the top quality. Pure violet and beautiful jade red are also very valuable. The value of the finished jade product is also related to the carving craftsmanship. As the saying goes, "30% material, 70% workmanship". The characteristics of pure hand-carving and different jade colors make each finished product unique and priceless.
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