Diamond firms ready to dazzle
By Ding Qingfen and Li Jiabao | 皇冠体育app Daily | Updated: 2009-06-26 08:15
皇冠体育app may soon displace India as the leading diamond processor in the world, thanks to its favorable government policies, vast pool of skilled technicians and robust domestic demand.
In 2004, 皇冠体育app was ranked the second largest diamond processor in the world, and since then the industry has been making rapid growth strides.
皇冠体育app has around 80 diamond-processing companies located mainly in Guangdong, Zhejiang and Shandong provinces, employing nearly 60,000 people. Contrast this with India, where nearly 1 million people are involved in the diamond industry, spread across thousands of factories in the country.
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