New Jewellery Event - Treasures Hangzhou - Set to Launch in Eastern China
May 21, 2012
The newest premiere jewellery event will be held in Eastern China Oct. 24-26 at the Hyatt Regency Hangzhou.
Hangzhou is the capital city and political, economic and cultural center of Zhejiang province.
Organized by UBM China, the International Colored Gemstone Association and the Jewelry Jade Industry Association of Zhejiang, the three-day event will give the province’s sophisticated jewellery consumers, private collectors and high-end jewellery retailers the opportunity to admire and purchase jewellery, diamonds, gemstones, pearls and jadeite from esteemed international jewelers.
Among these exhibitors are Hini Star Ltd, Golden Dynasty (HK) Ltd, Shenzhen Color And Diamond Jewellery Co Ltd, SYM Jewellery Co Ltd and Houlang Jewellery (Shanghai) Co Ltd.
According to the 2010-2011 World Luxury Association survey, Hangzhou ranks first among China’s second-and third-tier cities as having the highest consumption of high-end goods apart from Beijing, Shanghai and Guangzhou.
A report released by Goldman Sachs also showed that during the next five years, second- and third-tier cities, including Hangzhou, Wenzhou and Ningbo, will account for a large portion of China’s high-end consumer market.
Nationwide, total consumption of gems and jewellery reached RMB70 billion in 2010.
Of this figure, diamonds account for over US$1.1 billion, making China potentially the world’s largest diamond consumer market and the world’s second-largest diamond processing country, according to the World Luxury Association.
Jade also accounts for a large part of the total figure.
Treasures Hangzhou will be held concurrently the “Liang Zhu Bei” Zhejiang Jade Carving Exhibition. also at the Hyatt Regency Hangzhou.
This prominent carving art event in Eastern China attracts art lovers and collectors from throughout China.
During the Fair, a series of professional seminars will be held to give visitors the chance to enrich their knowledge of collecting and investing in high-end jewellery.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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