PUBLISHED ON: 15 OCT 2024
SOURCE:
China-made artificial diamond shines globally | ShanghaiEye魔都眼
https://youtu.be/pTInFvPne8I?si=dGqVfrTUAlQ2I4j2
FROM THE SOURCE:
China's billion-dollar lab-grown diamond industry continues to shine in Henan Province, the country's unofficial capital of lab-grown diamonds.
Diamond labs in Henan produce 10 million carats of synthetic diamonds annually, 60 percent of which are exported, accounting for 50 percent of China's total lab-grown diamond exports.
According to a report published by Allied Market Research in March this year, the global lab-grown diamond market is projected to be valued at roughly 60 billion U.S. dollars by 2032.
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