According to the data released by the China Gold Association recently, the total sales of gold jewelry in China last year reached more than 654.38+04 billion yuan, with exports of 5.49 billion US dollars, ranking third in the world in gold consumption. The output of gold increased from 200 1 year to 240.08 tons in 2008, with an average annual growth rate of 5.6%, reaching the highest level in history year after year. In 2006, the gold industry realized a profit of 6108.5 million yuan.
After investigating eight cities including Beijing and Shanghai, China Gold Association found that 46.63% of consumers had bought gold ornaments in the past year. Consumers who plan to buy next year account for 55.24%. From the perspective of material preference, consumers who like pure gold account for 60.45438+0% of the total number of people surveyed; Followed by those who like K gold, accounting for 39.59%. The proportion of consumers who buy jewelry sets shows an obvious upward trend.
Cheng Fumin, former president of China Gold Association, said that in recent years, gold bar investment and paper gold began to enter the lives of ordinary people, and the gold jewelry market in China has achieved rapid development. Under this market condition, the concept of "big gold" has gradually taken shape, the gold industry system has become more perfect, a number of large and medium-sized enterprises have risen rapidly, their strength has been continuously enhanced, and their equipment and technical level have been improved day by day.
The industry believes that thanks to the upgrading of residents' consumption, the gold jewelry industry is growing rapidly, and gold jewelry is becoming the third largest consumption hotspot after housing and automobiles, with great development potential. It is estimated that by 20 10, the total sales of jewelry will exceed 200 billion yuan. In 2008, in the wholesale and retail above designated size, the sales of gold and silver jewelry products increased by 28.5%, and the gold jewelry industry entered a period of rapid growth.
Zheng, director of the Far East Region of the World Gold Council, said that at this stage, gold jewelry still accounts for the highest proportion in the business structure of the jewelry industry, accounting for about 45%, with a gross profit of about 12% (including retail gross profit of about 20% and slightly lower commission gross profit). Generally speaking, the development prospect of gold jewelry industry is optimistic, and the potential consumer groups are still increasing, which will show an upward trend in the next 20 years.
Industry experts said that compared with the demand for gold jewelry, China's gold investment demand is not ideal. In recent years, China's gold investment and consumption have only remained at about 65,438+00 tons per year, while Indian gold investment and consumption have remained at 60-65,438+00 tons per year.
Analysts said that the China factor played an important role in the fluctuation of the world gold price, but the influence of China factor in the gold market did not really come into play due to the sluggish investment and consumption of gold in China. "The underdeveloped gold market in China is the key to the stagnation of physical gold investment in China." Li Qingfei, general manager of Admiralty Gold Investment Co., Ltd. said that the tax issue is an obstacle to domestic physical gold investment.