Yantian to build a leading gold industry cluster

More than 200 participants, including industry experts, scholars, and representatives from leading gold and jewelry enterprises, gathered at the Yantian Advanced Technology Industrial Park on March 2 to discuss the future of the gold industry.

During the conference, a government office and a service center were officially inaugurated to provide policy support and facilitate the industry’s digital and green transformation.

The Pengcheng Gold Valley, a specialized industrial park, was unveiled as a new hub for companies such as Chow Tai Fook, Batar, and Baozhu Jewelry. The park aims to attract more leading gold and jewelry enterprises to establish operations in Yantian in the coming years.

The Pengcheng Gold Valley in Yantian District.

“The gold industry is not only the most solid foundation of Yantian’s industrial system but also a highlight on its path toward high-quality development,” said Li Zhong, Party chief of Yantian District.

He emphasized that Yantian is committed to building a national gold industry cluster and cultivating a number of internationally competitive gold and jewelry brands. This year, the district plans to attract at least four leading gold enterprises, each with an annual output value exceeding 1 billion yuan (US$140 million), to set up operations locally.

In the Pengcheng Gold Valley, processing and manufacturing giants like Chow Tai Fook and Batar operate alongside Vpower, a security escort and logistics firm, and an outlet of the Guangdong Jewelry & Jade Trading Center. This proximity fosters synergies in supply chain finance, design and processing, and exhibition and trading services, enhancing overall efficiency for companies.

The Yantian District Industry and Information Technology Bureau has released a three-year action plan (2026-2028) to boost the gold industry, targeting an output value exceeding 200 billion yuan within this period.

Emerging technologies such as artificial intelligence are beginning to transform production processes. At Batar Group, an AIGC-assisted system has significantly reduced the time required to design new products.

The action plan also encourages enterprises to explore livestreaming and to expand online sales channels.

Home to Yantian Port, the world’s largest single container terminal, the district boasts shipping routes connecting to over 100 countries and regions worldwide. A gold industry service platform offers one-stop services including customs declaration, import and export services, financial leasing, and logistics, helping local companies expand globally.

In 2024, the output value of the gold and jewelry processing industry in the district accounted for nearly 50% of Shenzhen’s total.