The Dubai Gold & Jewellery Group (DGJG) will provide consultancy services to a major Chinese chamber.

DGJG has been invited by the Chamber of Commerce for Jewellery & Precious Metals Industry (CCJP) China, to be their honorary consultants for the region, said a statement.

KP Baiju, general manager of DGJG and Amit Dhamani, director of DGJG, will lead the consultancy services aimed at establishing strong business relationships between regional jewellery companies and their counterparts in China.

“China’s jewellery industry is growing at an amazing pace with a growth rate of over 10 per cent and an annual sales volume exceeding $10 billion. Our association with CCJP will offer a better platform in exploring business opportunities between Dubai and China. This is a fantastic chance and I am proud to say two of our key members, KP Baiju and Amit Dhamani, will lead the project. Their elaborate experience in the local and international industry will benefit members of both organisations,” said Tawhid Abdullah, managing director, DGJG.

Chamber of Commerce for Jewellery & Precious Metals Industry under All-China Federation of Industry & Commerce was established in 1995 to serve the interests of the Chinese jewellery sector. According to CCJP, there are over 10,000 manufacturers and processing enterprises for gold, silver and jewellery in China. The government is positively supporting the development of the sector through a range of policies and measures for lowering import of levies and consumption tax, and opening up the precious metals market of gold and silver.

“With the continuous improvement in the development of these industries, the Chinese gold, silver and jewellery industry will maintain a healthy, sustainable and stable development. We are always ready to establish extensive affiliation with organizations like DGJG to further enhance the growth of the industry. Dubai is one of the world’s leading hubs for the jewellery industry and we look forward to working more closely with them,” said president Wan Zikun of CCJP. – TradeArabia News Service