On May 5, at the launching ceremony of the 2023 Shanghai Diamond Jewelry Cultural Festival and the "May 5th Shopping Festival" series of activities in Pudong jointly held by the Shanghai Municipal Commission of Commerce and the Pudong New Area Government, The National Inspection and Quarantine Group (NGTC) of Jewelry and Jade Jewelry (hereinafter referred to as the National Inspection and Quarantine Group), in conjunction with the Shanghai Diamond Exchange (SDE) and the China Jewelry and Jade Industry Association (GAC) (hereinafter referred to as the China Treasure Association), has officially released the Shanghai Diamond Price Index (SDPI) to the public.
The purpose of Shanghai Diamond Price Index (SDPI) is to track, evaluate and count the diamond import transaction data of Shanghai Diamond Exchange and the retail data of the domestic diamond market on the basis of collecting and sorting out the domestic and foreign diamond transaction prices, objectively and timely reflect the price change trend of China's diamond consumption market, so as to better provide reference for diamond enterprises and consumers on the trend of domestic diamond transaction and retail prices.
Liang Zhenjie, General Manager of China National Jewelry Inspection Group, Lin Qiang, President of Shanghai Diamond Exchange, and Bi Lijun, Vice President and Secretary General of China Treasure Association, jointly launched the release ceremony of the Shanghai Diamond Price Index (SDPI)
Liang Zhenjie, General Manager of China National Jewelry Inspection Group, Lin Qiang, President of Shanghai Diamond Exchange, and Bi Lijun, Vice Chairman and Secretary General of China Treasure Association, jointly launched the release ceremony of the Shanghai Diamond Price Index (SDPI). The Diamond Price Index is one of the research results launched by the index research expert group jointly established by these three institutions after more than a year of research and exploration, relying on the scientific research strength of the Shanghai Company of the Jewelry Inspection Group, and through cooperation with Tongji University, based on big data and price index mathematical models. The diamond price index is currently updated weekly and regularly displayed on the official website of the Shanghai Diamond Exchange. In the future, it will gradually achieve full digital real-time updates and provide real-time services for the Chinese diamond jewelry consumption market.
At the press conference, President Lin Qiang, on behalf of three institutions, stated that, The Shanghai Diamond Price Index, jointly released by industry authoritative institutions, will transmit objective and scientific price information to the market, enhance market transparency, promote fair trading, and guide the stable and healthy development of China's diamond industry. It will also contribute to the construction of Shanghai's international financial center and factor market, and provide assistance to enhance the discourse power of China's diamond industry in the global diamond pricing system
Wang Xinmin, Director of the Strategic Development Department of China National Jewelry Inspection Group, Han Dong, General Manager of Shanghai Branch of China National Jewelry Inspection Group, and Shi Hongyue, Vice President of China National Jewelry Association, jointly attended the release ceremony.
On May 5, at the launching ceremony of the 2023 Shanghai Diamond Jewelry Cultural Festival and the "May 5th Shopping Festival" series of activities in Pudong jointly held by the Shanghai Municipal Commission of Commerce and the Pudong New Area Government, The National Inspection and Quarantine Group (NGTC) of Jewelry and Jade Jewelry (hereinafter referred to as the National Inspection and Quarantine Group), in conjunction with the Shanghai Diamond Exchange (SDE) and the China Jewelry and Jade Industry Association (GAC) (hereinafter referred to as the China Treasure Association), has officially released the Shanghai Diamond Price Index (SDPI) to the public.
The purpose of Shanghai Diamond Price Index (SDPI) is to track, evaluate and count the diamond import transaction data of Shanghai Diamond Exchange and the retail data of the domestic diamond market on the basis of collecting and sorting out the domestic and foreign diamond transaction prices, objectively and timely reflect the price change trend of China's diamond consumption market, so as to better provide reference for diamond enterprises and consumers on the trend of domestic diamond transaction and retail prices.
Liang Zhenjie, General Manager of China National Jewelry Inspection Group, Lin Qiang, President of Shanghai Diamond Exchange, and Bi Lijun, Vice President and Secretary General of China Treasure Association, jointly launched the release ceremony of the Shanghai Diamond Price Index (SDPI)
Liang Zhenjie, General Manager of China National Jewelry Inspection Group, Lin Qiang, President of Shanghai Diamond Exchange, and Bi Lijun, Vice Chairman and Secretary General of China Treasure Association, jointly launched the release ceremony of the Shanghai Diamond Price Index (SDPI). The Diamond Price Index is one of the research results launched by the index research expert group jointly established by these three institutions after more than a year of research and exploration, relying on the scientific research strength of the Shanghai Company of the Jewelry Inspection Group, and through cooperation with Tongji University, based on big data and price index mathematical models. The diamond price index is currently updated weekly and regularly displayed on the official website of the Shanghai Diamond Exchange. In the future, it will gradually achieve full digital real-time updates and provide real-time services for the Chinese diamond jewelry consumption market.
At the press conference, President Lin Qiang, on behalf of three institutions, stated that, The Shanghai Diamond Price Index, jointly released by industry authoritative institutions, will transmit objective and scientific price information to the market, enhance market transparency, promote fair trading, and guide the stable and healthy development of China's diamond industry. It will also contribute to the construction of Shanghai's international financial center and factor market, and provide assistance to enhance the discourse power of China's diamond industry in the global diamond pricing system
Wang Xinmin, Director of the Strategic Development Department of China National Jewelry Inspection Group, Han Dong, General Manager of Shanghai Branch of China National Jewelry Inspection Group, and Shi Hongyue, Vice President of China National Jewelry Association, jointly attended the release ceremony.