Notice on the Issuance of the Action Plan for Promoting High-Quality Development of the Gold and Jewelry Industry in Luohu District, Shenzhen

Document Number: Luo Fu Ban [2022] No. 7

Luo Fu Ban [2022] No. 7

To all subdistrict offices and units directly under the district government:

The “Action Plan for Promoting High-Quality Development of the Gold and Jewelry Industry in Luohu District, Shenzhen” is hereby issued to you. Please implement it diligently.

Office of the People’s Government of Luohu District, Shenzhen

September 27, 2022

Action Plan for Promoting High-Quality Development of the Gold and Jewelry Industry in Luohu District, Shenzhen

To implement the “Guangdong-Hong Kong-Macao Greater Bay Area Development Plan,” the “Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting Shenzhen in Building a Pilot Demonstration Zone of Socialism with Chinese Characteristics,” and the “Opinions on Several Special Measures for Relaxing Market Access in the Shenzhen Pilot Demonstration Zone of Socialism with Chinese Characteristics,” seize major historical opportunities, fully leverage the scale, cluster, and brand effects of Luohu’s gold and jewelry industry, and promote high-quality development of the industry, this action plan is formulated.

I. Work Objectives

Guided by building a modern industrial system and achieving high-quality development, adhere to problem-oriented approaches, innovation-driven strategies, financial empowerment, and brand leadership. Promote the digital, high-end, and international development of the gold and jewelry industry. Strengthen chain extension and supplementation to enhance resource allocation capabilities. Expand industry boundaries through financial empowerment. Enhance industry added value through brand building. Accelerate the formation of a talent environment, market environment, and regional environment with highly developed service economy, world-class innovation capabilities, and clustered headquarters enterprises. Build Luohu into a globally influential gold and jewelry trade center, gold financial innovation center, and gold and jewelry brand headquarters base. Make “Luohu Shuibei” a regional brand name and build an internationally renowned “World Jewelry Capital.”

II. Work Tasks

(1) Build Strategic Platforms for the Gold and Jewelry Industry

1. Implement the “Opinions on Several Special Measures for Relaxing Market Access in the Shenzhen Pilot Demonstration Zone of Socialism with Chinese Characteristics” issued by the National Development and Reform Commission and the Ministry of Commerce. Promote the “bonded+” comprehensive service platform for jewelry and jade as the main body, and prepare to establish the Shenzhen International Jewelry and Jade Comprehensive Trade Platform. Collaborate with relevant municipal departments to issue industrial support policies, reduce transaction costs for jewelry and jade, and form an international comparative advantage in transaction costs. Strive to complete the listing of the Shenzhen International Jewelry and Jade Comprehensive Trade Platform by the end of October 2022, and start trial operations by the end of December. Continuously coordinate with relevant municipal departments to actively engage with national ministries, seeking customs facilitation and tax incentives. (Responsible unit: District Industry and Information Technology Bureau)

2. Accelerate the preparation and operation of a gold repurchase platform, strengthen the gold factor market, and build a national platform integrating gold sales, repurchase, leasing, over-the-counter storage, and supply chain finance for individuals and small businesses. Focus on industry pain points through technological empowerment, channel expansion, and model innovation to unblock the upstream and downstream circulation of domestic gold. Complete the registration of the gold repurchase platform company by the end of June 2022, start official operations in September, and achieve a gold repurchase volume of over 10 tons for the year. (Responsible unit: District Financial Services Bureau)

3. Accelerate the establishment of an industry-academia-research platform through government-school-enterprise cooperation

Actively engage with strong jewelry programs at institutions like Guilin University of Technology and China University of Geosciences (Wuhan). Leverage higher education training resources and respective advantages to prepare for the establishment of the Guilin University of Technology Shenzhen Research Institute and the Jewelry Modern Industry College in Luohu, cultivating various talents for industrial development. Complete a strategic cooperation framework with China University of Geosciences (Wuhan) by the end of October 2022, forming a path for the Jewelry Modern Industry College. For the year, promote the Guilin University of Technology Research Institute to conduct high-end talent training in gold and jewelry management,

Guangdong-Hong Kong-Macao Greater Bay Area

The Guangdong-Hong Kong-Macao Greater Bay Area is a dynamic economic and cultural region in southern China, comprising cities like Guangzhou, Shenzhen, Hong Kong, and Macao. Historically, it has been a hub of trade and cultural exchange, with Hong Kong and Macao serving as key colonial ports before their reunification with China. Today, the area is a major global innovation and technology center, linking diverse cultures and economies under a national development strategy.

Shenzhen Pilot Demonstration Zone of Socialism with Chinese Characteristics

The Shenzhen Pilot Demonstration Zone of Socialism with Chinese Characteristics, established in 2019, represents a major strategic initiative by the Chinese government to further reform and opening-up. Building on Shenzhen’s history as China’s first Special Economic Zone (founded in 1980), this designation aims to transform the city into a global model for innovation, high-quality development, and socialist governance. The zone serves as a testing ground for new policies in technology, finance, and social management, intended to be replicated nationwide.

Luohu Shuibei

Luohu Shuibei is a historic village in Shenzhen, China, known for its well-preserved Hakka-style architecture and cultural heritage. Originally settled by the Hakka people centuries ago, it features ancient ancestral halls, narrow alleyways, and traditional dwellings that reflect the area’s rural past. Today, it stands as a cultural site, offering visitors a glimpse into Shenzhen’s pre-urbanization history amidst the city’s modern development.

World Jewelry Capital

The “World Jewelry Capital” typically refers to cities like Vicenza, Italy, or Jaipur, India, known for their historic and ongoing dominance in jewelry design and production. Vicenza has been a hub for goldsmithing since the Renaissance, hosting the prestigious Vicenzaoro trade fair, while Jaipur earned its title through centuries of gemstone cutting and intricate Kundan craftsmanship. Both cities have shaped global jewelry trends, blending traditional artistry with modern innovation.

Shenzhen International Jewelry and Jade Comprehensive Trade Platform

The Shenzhen International Jewelry and Jade Comprehensive Trade Platform is a major hub in China’s jewelry industry, located in Shenzhen’s Shuibei area—a district known for its concentration of gold, jewelry, and jade businesses. Established to streamline trade and promote international exchange, the platform integrates wholesale, retail, design, and exhibition services, reflecting Shenzhen’s rapid development since the 1980s as a global manufacturing and trading center. It plays a key role in connecting Chinese jade and jewelry artisans with international markets, supporting the region’s reputation as a leading jewelry production and distribution base.

Guilin University of Technology

Guilin University of Technology, located in Guilin, China, is a public university established in 1956, originally founded as a college focused on geological and engineering sciences. Over the decades, it has expanded into a comprehensive institution offering a wide range of disciplines, while maintaining strength in earth sciences, civil engineering, and materials science. The university plays a key role in education and research in the Guangxi region, contributing to both local and national development.

China University of Geosciences (Wuhan)

The China University of Geosciences (Wuhan), established in 1952, is a leading institution in China specializing in geoscience education and research. Originally founded as the Beijing Institute of Geology, it relocated to Wuhan in 1970 and later merged with other institutions to form its current name. The university is renowned for its contributions to earth sciences, including significant geological surveys and the training of experts for the country’s resource exploration.

Jewelry Modern Industry College

The Jewelry Modern Industry College is a specialized educational institution focused on training professionals in jewelry design, manufacturing, and modern industrial techniques. Its history reflects the evolution of the jewelry industry, combining traditional craftsmanship with contemporary technology to meet market demands. The college plays a key role in fostering innovation and skilled talent within the jewelry sector.