Luohu's Shuibei gold and jewelry market sees consumption boom
With recent spikes in gold prices, the Shuibei Jewelry Market, the largest hub for gold and jewelry with a well-established industrial chain, is witnessing a boom in consumption and a significant influx of shoppers. The Shuibei core area is estimated to host over 10,000 gold and jewelry enterprises, commanding more than 75% of the market share.
In 2024, Luohu is committed to developing the Shuibei Gold and Jewelry Consumption Block, aiming to enhance the quality of the Shuibei Fashion Design Headquarters economic clusters to achieve national 3A scenic spot status.
On January 25, 2024, Luohu unveiled Shenzhen's inaugural low-altitude transportation route dedicated to gold and jewelry, offering a 12.6-kilometer journey in just 12 minutes.
In Shenzhen, the creative design services sector boasts over 33,000 organizations and enterprises, including more than 30 listed companies and over 220,000 designers. Since 2012, Shenzhen has consistently led the nation in the number of enterprises and designers receiving prestigious awards such as the IF Design Award and the Red Dot Design Award, maintaining its top ranking for 11 consecutive years.
In 2022, Shenzhen introduced industrial policies aimed at constructing modern fashion industrial clusters and facilitating the transition of traditional industries like gold and jewelry towards upgrading.
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