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BackHenan exported 15.8 million carats of lab-grown diamonds in the first nine months, a year-on-year increase of 116%
Henan exported 15.8 million carats of lab-grown diamonds in the first nine months, a year-on-year increase of 116%
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中国新闻网16 minutes agoBusiness2 min readChinaView original

Henan exported 15.8 million carats of lab-grown diamonds in the first nine months, a year-on-year increase of 116%

Zhengzhou strives to reach 20 billion yuan in scale of the entire cultured diamond industry by 2028

Lab-grown diamondsZhengzhouHenan

Quick Look

  • In the first nine months of this year, Henan's lab-grown diamond exports reached 15.8 million carats, a year-on-year increase of 116%.
  • Zhengzhou's lab-grown diamond export value ranks first in the country.
  • Zhengzhou plans to build a "cultured diamond capital" during the "15th Five-Year Plan" period, with the industry scale reaching 20 billion yuan by 2028.

AI-generated summary

Why It Matters

Zhengzhou is the birthplace of China's superhard materials industry. In 1963, China's first artificial diamond was successfully developed here.

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China News Service, Zhengzhou, November 12 (Reporter Han Zhangyun) In the first nine months of this year, Henan's cultivated diamond export volume was 15.8 million carats, a year-on-year increase of 116%. Zhengzhou's cultivated diamond export value ranked first in the country.

At the press conference on the "High-Quality Development Action Plan for the Zhengzhou Cultured Diamond Industry (2026-2028)" held on the 12th, officials also reported that during the "15th Five-Year Plan" period, Zhengzhou will strive to build a "cultured diamond capital" and that by 2028, the scale of the city's cultured diamond industry will reach 20 billion yuan.

"Zhengzhou, as the core production area of ​​HPHT (high temperature and high pressure method) cultivated diamonds and the main distribution center in the country, has outstanding industrial foundation and technological advantages." Gao Donghui, deputy director of the Zhengzhou Municipal Bureau of Industry and Information Technology, said that there are currently more than 100 enterprises in the cultivated diamond industry chain in Zhengzhou, with an annual output of about 6 million carats of rough cultivated diamonds.

Talking about the doubling of exports of lab-grown diamonds, Gao Donghui believes that currently, the lab-grown diamond industry is ushering in a golden development period driven by the two-wheel drive of jewelry consumption and industrial application. On the one hand, the demand for jewelry consumption is steadily expanding; on the other hand, the application of diamond materials in high-end functional areas such as AI chip thermal management is accelerating, opening up the second growth curve of the industry.

Zhengzhou is the birthplace of China's superhard materials industry. In 1963, China's first artificial diamond was successfully developed in Zhengzhou. Currently, China is the world's largest supplier of rough lab-grown diamonds, and lab-grown diamond production capacity continues to be concentrated in Henan.

Currently, Zhengzhou is transforming its lab-grown diamond production capacity advantages into trade and channel advantages by exploring foreign consumer markets, strengthening its e-commerce live streaming platform, building a lab-grown diamond trade distribution hub, and creating a bonded trading center.

What to Watch

AI outlook — possibilities, not facts

  • By 2028, the scale of Zhengzhou’s cultivated diamond industry will reach 20 billion yuan

    Likely · Within years

Open Questions

  • What is the specific path to achieve an industrial scale of 20 billion yuan?
  • How will the demand for lab-grown diamonds in overseas markets continue to change?

Related Topics

Lab-grown diamonds
PeopleHan ZhangyunGao Donghui
OrganizationsChina News ServiceZhengzhou Municipal Bureau of Industry and Information TechnologyHenan Zhongyuan Jewelry Innovation Research Institute
PlacesZhengzhouHenan
TopicsZhengzhouHenanexportdiamond
This article was originally published by 中国新闻网.

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