A Party committee is established in Luohu district's gold and jewelry industry on April 20, with the aim of boosting its high-quality development.

A Party committee was established in Luohu district's gold and jewelry industry on April 20, with the aim of boosting its high-quality development.

Consisting of 31 grassroot Party organizations across the industrial chain, the committee will help facilitate communication between enterprises and government, promote exchanges between the enterprises themselves, and help them solve problems hindering development.

It will provide targeted service to enterprises so as to smooth the whole gold and jewelry industrial chain involving material supply, design and development, production, inspection and testing, retail and wholesale as well as finance.

It will also exert more efforts in promoting enterprises to share in resources and complement each other. Institutions devoted to jewelry design and development and high-end think tanks will be established to advance the industry's high-quality development.

Nearly 7,000 gold and jewelry enterprises are clustered in Luohu's Shuibei-Buxin Area. Their total annual wholesale turnover is about 110 billion yuan, half the national volume. This area has grown into the country's biggest and most influential centers for gold and jewelry production, exhibition and trading, brand clustering, and information exchange.