China’s jewelry exports increased 25 percent

China’s jewelry export grew 24.99 percent year on year to $4.96 billion during the January-November period of 2005, according to reported figures from Chinese customs.

During the 11-month period, China exported $1.826 billion worth of metal jewelry, $1.278 billion in diamonds, and $128 million in pearls, the China Daily publication reports.

China’s capacity in jewelry process has been greatly enhanced in recent years, and the country is expected to become a world jewelry process center in the future, the China Daily reports.

Figures show that over 80 percent of jewelry sold in Hong Kong is processed and manufactured on the Chinese mainland, which now has more than 200 factories wholly processing jewelry for overseas markets, the China Daily reports.