As of the first half of 2023, gold jewelry manufactured using traditional Chinese craftsmanship made up almost 28 percent of the gold inventory of retailers in China. In comparison, high-purity gold accounted for merely 6.5 percent of the inventory. Gold jewelry products manufactured using ancient Chinese craftsmanship/ techniques have gained traction in the market recently with the popularity of China-chic (or "Guochao", a consumption trend where consumers favor products with Chinese characteristics as well as trendy domestic goods).
Distribution of gold inventory among retailers in China as of 1st half 2023, by type
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China Fortune Media Group. (October 17, 2023). Distribution of gold inventory among retailers in China as of 1st half 2023, by type [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/1472344/china-gold-retail-inventory-distribution-by-type/
China Fortune Media Group. "Distribution of gold inventory among retailers in China as of 1st half 2023, by type." Chart. October 17, 2023. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/1472344/china-gold-retail-inventory-distribution-by-type/
China Fortune Media Group. (2023). Distribution of gold inventory among retailers in China as of 1st half 2023, by type. Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/1472344/china-gold-retail-inventory-distribution-by-type/
China Fortune Media Group. "Distribution of Gold Inventory among Retailers in China as of 1st Half 2023, by Type." Statista, Statista Inc., 17 Oct 2023, https://www.statista.com/statistics/1472344/china-gold-retail-inventory-distribution-by-type/
China Fortune Media Group, Distribution of gold inventory among retailers in China as of 1st half 2023, by type Statista, https://www.statista.com/statistics/1472344/china-gold-retail-inventory-distribution-by-type/ (last visited December 14, 2024)
Distribution of gold inventory among retailers in China as of 1st half 2023, by type [Graph], China Fortune Media Group, October 17, 2023. [Online]. Available: https://www.statista.com/statistics/1472344/china-gold-retail-inventory-distribution-by-type/