Name: Notice of the General Office of the People’s Government of Luohu District, Shenzhen on Issuing 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 for thorough implementation.

General 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 Shenzhen’s Pilot Demonstration Zone of Socialism with Chinese Characteristics,” seize major historical opportunities, fully leverage the scale effect, agglomeration effect, and brand effect of Luohu’s gold and jewelry industry, and promote its high-quality development, this action plan is formulated.

I. Work Objectives

Guided by building a modern industrial system and achieving high-quality development, adhere to problem orientation, innovation-driven growth, financial empowerment, and brand leadership. Promote the digitalization, high-end development, and internationalization of the gold and jewelry industry. Strengthen the extension and completion of the industrial chain to enhance resource allocation capabilities. Expand industrial boundaries through financial empowerment, enhance industry added value through brand building, and accelerate the formation of a talent environment, market environment, and regional environment with a highly developed service economy, world-class innovation capacity, 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 business card and establish an internationally renowned “World Jewelry Capital.”

II. Work Tasks

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

1. Build a Comprehensive Service Platform for the Jewelry and Jade Industry Chain

Implement the “Opinions on Several Special Measures for Relaxing Market Access in Shenzhen’s Pilot Demonstration Zone of Socialism with Chinese Characteristics” from the National Development and Reform Commission and the Ministry of Commerce. Promote the establishment of the Shenzhen International Jewelry and Jade Comprehensive Trade Platform, primarily based on a “bonded+” comprehensive service platform for the entire jewelry and jade industry chain. Collaborate with relevant municipal departments to issue industrial support policies, reduce transaction costs for jewelry and jade, and create comparative advantages in international transaction costs. Strive to complete the listing of the Shenzhen International Jewelry and Jade Comprehensive Trade Platform by the end of October 2022, and initiate trial operations by the end of December. Continuously coordinate with relevant municipal departments to actively liaise with national ministries and commissions, seeking customs facilitation and tax incentives.

2. Accelerate the Establishment and Operation of a Gold Repurchase Platform

Strengthen the construction of the gold factor market by creating 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 formal operations in September, and achieve a gold repurchase volume of over 10 tons for the year.

3. Accelerate the Implementation of Industry-Academia-Research Platforms through Government-School-Enterprise Collaboration

Actively engage with strong jewelry programs at universities such as Guilin University of Technology and China University of Geosciences (Wuhan). Leverage educational and training resources from higher education institutions to establish industry-academia-research platforms in Luohu, including the Guilin University of Technology Shenzhen Research Institute and the Jewelry Modern Industry College, to cultivate various outstanding talents for industrial development. Complete a strategic cooperation framework with China University of Geosciences (Wuhan) by the end of October

Guangdong-Hong Kong-Macao Greater Bay Area

The Guangdong-Hong Kong-Macao Greater Bay Area is a dynamic economic and cultural hub in southern China, encompassing nine cities in Guangdong province along with the special administrative regions of Hong Kong and Macao. Historically, this region has been a gateway for international trade since the 19th century, with Hong Kong and Macao serving as key colonial ports that connected China to the global economy. Today, the GBA is a major engine of innovation and development, designed to foster deeper integration and cooperation among its cities through infrastructure, technology, and finance.

Shenzhen

Shenzhen is a major city in southern China, known for its rapid transformation from a small fishing village into a global technology and innovation hub. Designated as China’s first Special Economic Zone in 1980, it experienced explosive economic growth and urbanization, attracting millions of migrants and becoming a center for electronics manufacturing and startups. Today, it is famous for its modern skyline, vibrant tech industry, and cultural landmarks like the Shenzhen Museum and OCT Loft creative district.

Luohu District

Luohu District is a central urban area in Shenzhen, China, known as the city’s earliest developed commercial and financial hub. Historically, it emerged rapidly after Shenzhen was designated a Special Economic Zone in 1980, with landmarks like the Luohu Commercial City and the border checkpoint to Hong Kong driving its growth. Today, it remains a vibrant district blending modern skyscrapers with historic markets, reflecting Shenzhen’s transformation from a small fishing village to a global metropolis.

Luohu Shuibei

Luohu Shuibei is a historic commercial and cultural district in Shenzhen, China, known for its bustling jewelry market and traditional Cantonese-style architecture. Originally a small fishing village, it developed rapidly after Shenzhen was designated a Special Economic Zone in 1980, becoming a hub for gold and jewelry trading. Today, Shuibei is famous for its vibrant streets, wholesale jewelry shops, and cultural landmarks that reflect the area’s transformation from a rural settlement to a modern urban center.

Guilin University of Technology

Guilin University of Technology, located in Guilin, China, is a higher education institution originally founded in 1956 as a geological-focused school. Over the decades, it has expanded into a comprehensive university, now offering diverse programs in engineering, science, management, and the arts. The university has played a key role in training professionals for China’s resource exploration and infrastructure development.

China University of Geosciences (Wuhan)

The China University of Geosciences (Wuhan) is a prestigious institution founded in 1952, originally established as the Beijing Institute of Geology. It was later relocated to Wuhan, Hubei Province, and evolved into a leading university specializing in geosciences and earth resources. The university is renowned for its research in geology, environmental science, and engineering, and it houses the Yifu Museum, which features an extensive collection of fossils and minerals.

Guilin University of Technology Shenzhen Research Institute

The Guilin University of Technology Shenzhen Research Institute is a branch campus established by Guilin University of Technology in Shenzhen, aimed at fostering innovation and talent development in science and engineering. It was founded as part of China’s broader efforts to expand higher education and research collaboration between inland universities and the rapidly developing tech hub of Shenzhen. The institute focuses on applied research and industry partnerships, leveraging Shenzhen’s dynamic economic environment to advance fields such as materials science, environmental engineering, and information technology.

Jewelry Modern Industry College

The Jewelry Modern Industry College is an educational institution focused on training professionals in contemporary jewelry design, manufacturing, and industry practices. It likely combines traditional craftsmanship with modern technology, reflecting the evolution of jewelry-making from ancient artisan techniques to industrial-scale production. The college’s history may trace back to efforts to formalize jewelry education in response to the growing demand for skilled workers in the global jewelry market.