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China Gold and Jewel Demand to Grow 15% in Coming 5 Years: Chow Tai Fook Jewellery

Demand of gold and jewel in China will continue to rise in the coming 5 years, with the growth expected between 12-15%, said Kent Wong, Managing Director of Chow Tai Fook, in an interview in India. 

“Large population and innovative design will support the growth of consumption in China,” added Kent Wong.   

The company reported the decline in demand for 24K gold this year, however, as the price of gold rallied from 2013’s low in early year.   

Chow Tai Fook, is one of leading Chinese jewelry brands.

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