Countries have adopted to develop a series of Policy Act promulgated related standards, the establishment of appropriate institutions, as well as tax, customs actively cooperate to regulate the development of guide and encourage cufflinks industry. They may not pay attention to the cufflinks. Through the following events can be seen that the state the cufflinks industry guidance and encouragement: January 2000 to cancel the control of silver, the silver can be traded freely without having to apply for a license of the gold and silver. Shanghai Diamond Exchange was established in October 2000. January 1, 2002, China's government to further adjust the tax policy of the diamond trade, cancellation of a rough diamond import tariffs and processing trade in diamonds from the export tax rebate to the implementation of the full rebate of the diamond export processing.
These policies encourage the enthusiasm of domestic and foreign investors investment in the diamond processing industry. October 30, 2002 the Shanghai Gold Exchange, the official carrier. January 8, 2003, the Office of the Shanghai Inspection and Quarantine in the Shanghai Diamond Exchange was formally established. He might think that I am not a woman, so why focus on the cufflinks? March 31, 2003 the People's Bank of China announced 26 stop the implementation of administrative examination and approval projects, including cufflinks jewelry items are as follows: acquisition license gold, gold products production, processing, wholesale business for approval, the supply of gold approval gold products retail business approved by approval of silver imports (Habitat). This is another major initiative of the gold market open following the Gold Exchange was established.
After the above examination and approval system was abolished, with the exception of the gold import, export and reserves the right, the central bank has actually fully decentralized gold management rights. To establish their own image, they first have to know how to wear the cuff links. May 2003 to cancel the permit system operating gold and silver products. July 30, 2003, the Shanghai Gold Exchange, the trial trading of platinum species, to participate in the trial trading members range limited to 108 members of the Shanghai Gold Exchange and its agents customer imports of platinum, sell side is limited to Bosch gold a. In 2003, the State Administration of Quality Supervision, Inspection and Quarantine developed and promulgated and implemented the new national standards of diamond quality identification, diamond grading national standards.
New standards closer to international standards to regulate the diamond market transactions, transparent diamond commodity prices play a direct role in promoting, at the same time improve the level of enterprise management, improve product quality, also had a very positive impact. January 1, 2004, the first phase of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) implemented the majority of Hong Kong Origin cufflinks jewelry can be a zero-tariff access to the Mainland market, and help Hong Kong businessmen to successfully develop the mainland cufflinks The jewelry market. cufflinks happened to help a man in this area.
2004 "diamond processing trade unit consumption standard has been formally adopted by the expert validation conference. At the same time stressing on the culture of dress, he told us that his first pair of mens cufflinks come from a free gift by some brand in 2002. The standard specification for approval of the unit consumption of diamond processing trade, improve customs and foreign trade departments, record verification, the creation of a fair, open, transparent diamond processing trade, environment, and promote the healthy development of the diamond processing trade, play a very active role. Diamond from the outside directly into the Exchange does not levy import duties, VAT and consumption tax.
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