Diamond business gets boost in mainland China
Wednesday, 10 March 2010
SHANGHAI, Mar 09 (Commodity Online): The Rapaport Group has announced that it is now providing diamond import services to mainland China. Foreign companies can now sell their diamonds directly to local Chinese companies.
Rapaport guarantees payments to the supplier, delivery of diamonds to the buyer and takes full responsibility for all import procedures including processing and payment of customs and taxation fees. The service has the full support of the Chinese Government and the Shanghai Diamond Exchange. The fee for the service is 1 per cent.
Martin Rapaport, Chairman of the Rapaport Group, announced the service to an audience of industry leaders, during his Hong Kong presentation: The Diamond Decade - New Opportunities.
"China is a market of the future, offering unprecedented opportunity for the expansion of diamond demand. It is vital that the diamond trade respect the rule of law and operate in full compliance with Chinese regulations. The Rapaport Group is pleased to present our Diamond Import Service as well as a broad range of additional services designed to open up China's markets and encourage the development of free, fair, honest, competitive and efficient Chinese diamond markets", said Martin Rapaport.
The Rapaport Group provides sophisticated marketing and sales support to qualified firms seeking to penetrate the Chinese market. Services include advertising campaigns, introductions to buyers, access to Rapaport Buyers Group - China, management of client inventory in China, pre-import inspection at Rapaport facilities in the Shanghai Diamond Exchange and Direct Import Services.
Rapaport Shanghai Ltd is fully owned and operated by the Rapaport Group. It is a Chinese registered company with offices and membership in the Shanghai Diamond Exchange.
Rapaport guarantees payments to the supplier, delivery of diamonds to the buyer and takes full responsibility for all import procedures including processing and payment of customs and taxation fees. The service has the full support of the Chinese Government and the Shanghai Diamond Exchange. The fee for the service is 1 per cent.
Martin Rapaport, Chairman of the Rapaport Group, announced the service to an audience of industry leaders, during his Hong Kong presentation: The Diamond Decade - New Opportunities.
"China is a market of the future, offering unprecedented opportunity for the expansion of diamond demand. It is vital that the diamond trade respect the rule of law and operate in full compliance with Chinese regulations. The Rapaport Group is pleased to present our Diamond Import Service as well as a broad range of additional services designed to open up China's markets and encourage the development of free, fair, honest, competitive and efficient Chinese diamond markets", said Martin Rapaport.
The Rapaport Group provides sophisticated marketing and sales support to qualified firms seeking to penetrate the Chinese market. Services include advertising campaigns, introductions to buyers, access to Rapaport Buyers Group - China, management of client inventory in China, pre-import inspection at Rapaport facilities in the Shanghai Diamond Exchange and Direct Import Services.
Rapaport Shanghai Ltd is fully owned and operated by the Rapaport Group. It is a Chinese registered company with offices and membership in the Shanghai Diamond Exchange.