The Luohu administration for market regulation recently organized an inspection of the gold and jewelry testing institutions in Shuibei, Luohu.
Local political advisors and representatives of guilds were invited join the inspection.
As the main hub of Shenzhen's gold and jewelry industry, Shuibei boasts 40 leading jewelry enterprises and 29 well-known Chinese jewelry brands, with over 10,000 business units and more than 150,000 workers. Their annual sales revenue accounts for about 50% of the domestic gold and jewelry wholesale market sales.
The testing institutions are essential to the gold and jewelry industry. There are 47 gold and jewelry testing institutions in Luohu, accounting for 90.4% of all such institutions in Shenzhen, and many of them are branches of national industry-leading units.
Luohu often organizes free jewelry test activities in Shuibei, in which eight jewelry testing institutions are entrusted to provide consumers with free jewelry testing services. Last year, it offered free testing for more than 4,000 batches of gold and jewelry products for consumers, which has consolidated their trust in the gold and jewelry dealers.