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Back China is going to considerably increase manufacture volume of the diamond industry.30 November 2007
Since July 2006 taxes in this sphere of industry decreased from 15,3 % to 10 %. Besides, value-added tax on import of the raw jeweller diamonds is completely cancelled. The deputy minister considers that "now there comes favorable time for deducing this industry on a new level". In 2006 volume of all tenders on specialized Shanghai diamond stock exchange was made of $600 million, in 2007 its not going to be less than $900 million. Chinese market of jewelry is on the fifth place in the world on volume. BelTA
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