Text and Photos/Yangcheng Evening News All-Media Reporter Wang Haiyan Correspondent Guan Yue According to statistics from Panyu Customs, a subsidiary of Guangzhou Customs, in recent years, the average annual growth rate of Panyu District’s jewelry import and export value has been

2024/05/0419:32:33 finance 1315

Text and pictures/Yangcheng Evening News all-media reporter Wang Haiyan Correspondent Guan Yue

According to statistics from Panyu Customs, a subsidiary of Guangzhou Customs, in recent years, the average annual growth rate of Panyu District jewelry import and export value has been nearly 13%, and the processing volume of gold and silver jewelry accounts for the largest share of Hong Kong jewelry. The share of local sales and re-export trade of jewelry exceeds 70%, accounting for nearly 30% of the global market share. In 2021, the total import and export value of jewelry goods in Panyu District was 46.58 billion yuan, accounting for about one-third of the total foreign trade import and export value of Panyu District. From January to May this year, the total import and export value of jewelry goods in Panyu District was 17.99 billion yuan, a year-on-year increase of 13.9%.

On the morning of June 29, in the Shawan Jewelry Industrial Park in Panyu, Guangzhou, the customs declarers of Guangzhou Fuzuan Jewelry Co., Ltd. were busy sorting out a batch of jewelry that was about to be exported. This batch of exquisite jewelry is worth more than two million. After completing the customs supervision procedures in the jewelry park, you can export to Hong Kong using the "customs clearance integration" model on the same day.

Founded in 1986, Guangzhou Fuzuan Jewelry Co., Ltd. (formerly Guangzhou Fanhua Gold and Silver Jewelry Crafts Factory) is Panyu the first jewelry enterprise jointly established by Guangdong and Hong Kong. It has received overseas orders from Hong Kong companies. From the beginning of material processing trade, to independently developing markets, and then to private customization of diamond jewelry, it has grown from just a few workshops to a leading enterprise with more than 30 branches and an annual business volume of over 10 billion yuan. Over the years, I have a deep understanding of the development and changes of the jewelry industry in Guangdong and Hong Kong.

"Jewelry processing has the characteristics of rapid changes in varieties and styles, and small processing orders and large orders. Whoever can get raw materials, complete orders, and deliver finished products faster will be better able to win the market. Therefore, the speed of logistics and customs clearance is particularly important. Customs clearance speed is particularly important. The 'integrated customs clearance' model implemented allows us to complete all customs clearance procedures in the Jewelry Park in a 'one-stop' manner. Customs clearance can be completed without special circumstances after arriving at the port, achieving same-day declaration, same-day release and same-day delivery, which greatly increases the cost of raw materials. Efficiency in imports and finished product exports." Ye Fengrui, the company's customs declaration manager, said that with the guidance and assistance of customs and other departments, the company's import and export volume in the first half of this year was nearly US$800 million, a year-on-year increase of more than 10%.

Text and Photos/Yangcheng Evening News All-Media Reporter Wang Haiyan Correspondent Guan Yue According to statistics from Panyu Customs, a subsidiary of Guangzhou Customs, in recent years, the average annual growth rate of Panyu District’s jewelry import and export value has been - DayDayNews

In order to promote the sustainable and healthy development of the jewelry industry in Guangdong and Hong Kong, Panyu Customs, a subsidiary of Guangzhou Customs, has focused on the needs of enterprises and established a supervision department in the jewelry industry park to understand and grasp the needs of the industry in real time and provide a "one-stop" for the import and export of jewelry companies. Customs clearance services enable customs clearance supervision, logistics monitoring, and inspection and verification of jewelry goods to be completed within the jewelry industry park. Explore and innovate through the " Internet + customs" integrated platform to conduct import and export declarations. The processing trade manual filing, changes, and write-off management are all electronic. The integrated paperless declaration further reduces costs and improves efficiency for enterprises. At present, at least 3 out of every 10 pieces of high-end diamond jewelry sold nationwide are designed, processed and set in Panyu.

Guangzhou Life Diamond Jewelry Co., Ltd. is a Guangdong-Hong Kong joint venture specializing in diamond processing and manufacturing. The annual Hong Kong International Jewelry Show is an important platform for the company to sign contracts and cooperate. "This batch of jewelry is an order placed at the jewelry exhibition this month. It will be processed and delivered soon." Looking at the busy scene in the production workshop, Chen Fengxuan, manager of the company's import and export department, said happily. "The order delivery time has been temporarily adjusted several times due to the epidemic. Temporarily, the import and export business can complete customs procedures in just one hour to meet the demand for flexible exhibition participation. Now, even if it is urgent orders from customers or goods temporarily participating in international exhibitions, we will Have the confidence to undertake it!”

Lin Dingshan, Chief of the Supervision Section of Panyu Customs Jewelry Park, said: “Based on the development needs of enterprises’ jewelry display business, the Customs adopts a dedicated window to communicate to enterprises the policy on the use of temporary import and export ATA carnets. Optimize the supervision process for temporary entry and exit goods to facilitate the rapid handling of temporary entry and exit procedures for jewelry samples and exhibits. Merchants can flexibly choose to view samples and order orders in Hong Kong or Panyu, which solves problems such as uncertain entry and exit times due to the epidemic, and provides strong support Enterprises participate in domestic and overseas jewelry exhibitions” (For more news and information, please pay attention to Yangcheng Pai pai.ycwb.com)

Source | Yangcheng Evening News • Yangcheng Pai

Editor | Li Zhiwen

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