SDE News

2019 China Israel Diamond Week Succeeded at SDE



                        IDE presented gift to President. Lin Qiang

A new era of cooperation between the Israeli and Chinese diamond industries has been launched when the 2019 China Israel Diamond Week opened in Shanghai on July 16, 2019. Jointly organized by the Israel Diamond Exchange (IDE) and the Shanghai Diamond Exchange (SDE), the event took place at the SDE from July 16 - 18, 2019. The Israeli delegation, led by IDE President Yoram Dvash and IDE Managing Director Eran Zini, includes 16 diamond companies.  

              Mr. Ernie Blom announced the opening of the Diamon Week

The highlight of the event was the China-Israel Diamond Sales Meet, where the Israeli exhibitors presented their goods to Chinese diamond buyers. This was the first time that Israeli diamantaires have been officially invited to exhibit their goods to SDE members. About one hundred Chinese buyers were registered to attend the event. Mr. Ernie Blom, President of the World Federation of Diamond Bourses (WFDB), came to Shanghai especially to attend the opening ceremony of the Sales Meet. 

                        Mayor Hang received the diamond leaders 

After the ceremony, Mr. Hang Yingwei, Mayor of Pudong New Area of Shanghai warmly received the diamond industry leaders in the reception room of the City Hall. Mayor Hang witnessed the signing of MOU between the two bourses during his visit to IDE last June. He highly recognized the contribution the two organizers have made in deepening cooperation and friendship between the two countries through the Diamond Week.  

                  Deputy Secretary-General Shang Yuying delivered speech

In the afternoon, the 2019 China-Israel Diamond Summit was grandly held at the atrium of SDE, where two hundreds honored guests were invited. Ms. Shang Yuying, Deputy Secretary-General of Shanghai Municipal Government addressed on behalf of the government. She congratulated the organizers on the success of the event and sent her best wishes to their future endeavors. 

SDE president Lin Qiang said, "The Diamond Week is expected to help our members of the two bourses expand global business, strengthen international cooperation, and create more opportunities. It’s a very good start for both of us to seek for long-term collaboration approaches.” 

                             President Dvash addressed the Summit

IDE President Yoram Dvash said, "For the first time this year, we are holding an Israel Diamond Week in China, and we expect to come back every year. This event undoubtedly underscores the strength of the Israeli diamond brand and the amazing journey that Israel has undergone to reach the helm of the world diamond industry.” 

In his speech, Mr. Ernie Blom spoke highly of the innovative way of cooperation between the SDE and IDE, two of the most important diamond bourses in the world. He also expected to see the cooperation being promoted among other diamond bourses in the WFDB.  

      President Lin Qiang and President Dvash signed agreement at the Summit

The Diamond Summit culminated with the signing of a memorandum of understanding between the Israeli and Chinese bourses that marks a deepening of ongoing cooperation between the parties. MoU has also been signed between SDE and the National Gemstone Testing Center (NGTC) on traceability, service innovation, as well as diamond researches. Their General Director Mr. Ye Zhibin was invited to present on the strategic development and outlook of the NGTC. Five more industry leaders presented at the Summit to discuss the role of technology, e-commerce and branding of natural diamonds in promoting the industry.   

           Managing Director Eran Zini introduced IDE's innovative initiatives 

               General Director Ye Zhibin presented on NGTC's strategy

The China-Israel Diamond Week also included some social and networking events for the diamantaires from home and abroad. As Mr. Lin Qiang has pointed out, it was a beneficial attempt to promote the development of the Chinese and Israeli diamond industries. The event will bring tangible mutual benefits to the members of the two bourses, and will also help to take our cooperation to a higher level. 

               Members of the two bourses negotiated at the Sales Meet 

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