In 1980s, with China's reform and opening-up, Hong Kong's industrial transfer and the increasing demand of global consumers for jewelry, Hong Kong jewelry manufacturers moved northward to the Pearl River Delta, and Luoda Village became the first stop to undertake the transfer of overseas jewelry industry. After more than 30 years of development, more than 300 jewelry production and processing enterprises and more than 2,000 jewelry business households have gathered in Daluotang area with Daluotang village as the core, with more than 50,000 employees, forming a complete industrial chain.
From land lease to property leasing, from jewelry branding to jewelry sales, Luoda Village, Shatou Street, Panyu District actively promoted the transformation and upgrading of jewelry industry, and achieved a great change in the appearance of the village and a steady improvement in economic benefits.