Rising gold prices continue to prompt many consumers to buy gold accessories at the Shuibei Market, China's largest gold jewelry manufacturing and trading hub based in Shenzhen City of south China's economic powerhouse of Guangdong.
Although the week-long National Day holiday ended on Monday, there are still a large number of customers coming to buy gold jewelry at the Shuibei area.
Besides the fashion identity, young Chinese consumers choose gold jewelry also for investment reasons.
"I personally prefer buying gold jewelry. If I have money saved up, I would buy it because gold tends to hold its value well," said a local resident.
In China, gold jewelry is traditionally part of the betrothal gift given by the groom's family to the bride. Therefore, wedding gold has been selling exceptionally well in this Shenzhen market.
"At present, the gold jewelry products that sell well include items like these bangles, particularly dragon and phoenix bangles, phoenix hairpins, as well as gold pig necklaces displayed on this wall," said a gold dealer.
Moreover, the gold recycling market is also booming. Rising prices have made many gold holders choose to sell their assets for profit making at gold recycling shops.
"Last year around this time, I bought gold. It's been almost a year, I must have made a profit. I bought it for over 400 yuan (about 56.6 U.S. dollars) per gram before. Now, the current recycling price is over 500 yuan (about 70.75 U.S. dollars) per gram. The recycling price is 588 yuan (about 83.2 U.S. dollars) per gram of gold," said another resident.
China's largest jewelry market sees surge in sales due to rising gold prices
AI-powered factories and wind-assisted cargo ships were among the solutions on display at the 4th China International Supply Chain Expo (CISCE), highlighting how innovation is shaping the global green transformation.
The event, which ran from Monday to Friday, featured supply chain exhibitions in digital technology, advanced manufacturing, green agriculture, healthy life, smart vehicle and clean energy, as well as a supply chain service zone.
At the booth of leading solar manufacturer TCL Zhonghuan, a domestically developed AI large model is lifting both crystal pulling efficiency and stability by 20 percent. Trained on massive volumes of historical production data, the system continuously optimizes process parameters, directly boosting green energy output, according to officials.
"We built a vision-enabled AI large model. Trained on historical production data, it continuously optimizes product and process parameters to boost line performance and stability," said Shi Peng, senior manager of informatization of TCL Zhonghuan.
Beyond individual enterprises, the expo highlighted that China's industrial ecosystem is becoming a testbed and launchpad for global low-carbon solutions.
Maersk, the Danish shipping giant, presented an AI-powered logistics planning system first developed in China and now being rolled out worldwide. The tool enables customers to optimize container loading, cutting costs while shrinking carbon footprints.
"This is actually a local innovation in China and then now become global. So, this systems allow customers, for example, to optimize the loading of their containers, improving cost efficiency while lowering carbon emissions," said Silvia Ding, president of Maersk Greater China.
According to Ding, the AI system slashes container planning time from weeks to mere hours, significantly improving supply chain fluidity.
Meanwhile, Airbus, joining the Expo for the second year, displayed a specialized green-powered cargo vessel designed to transport aircraft components.
"Why I put this here is because this vessel has its unique shape with these six columns of rotor sails. This can take advantage of the wind energy. In the real operation, it can reduce as much as 50 percent of carbon emissions," said George Xu, CEO of Airbus China.
As the world's first national-level exhibition focusing on supply chains, the CISCE is an internationally shared public good. First held in 2023, the expo has contributed to building more secure, stable, open and inclusive global industrial and supply chains.
Global green transition solutions take center stage at China supply chain expo
