The jewelry manufacturing industry has been growing with Hong Kong. Since the 1950s, small jewelry workshops have grown into large-scale factories. Later, the production process moved to the mainland. In recent years, however, we have witnessed a trend of manufacturing moving back to Hong Kong.
Market research has shown that Hong Kong's jewelry industry is dominated by the precious jewelry sector. Jewelry production in Hong Kong encompasses a wide range of medium-to high-end products. Hong Kong manufacturers excel at producing fashionable jewelry, not only using diamonds but also semi-precious gemstones, while leading the production of pure gold items. Moreover, Hong Kong has evolved into a leading trade and distribution centre for pearls in recent years.
Hong Kong's exports of precious jewelry rose 4% in 2017, and grew by another 18% in the first half of 2018.
The jewelry industry thus offers a wealth of business opportunities. Hong Kong jewelry is also known for its outstanding design and superb craftsmanship. However, the industry is grappling with a lack of local manpower and needs an infusion of fresh talent. In addition, there is room for improvement in vocational training.
In view of this, while HKJMA has been assisting Hong Kong jewelry manufacturers in exploring the overseas market, we believe it is also our responsibility to create a platform, J-HUB, for the Hong Kong jewelry industry as a whole, not only to encourage young people to join the industry and thus actively cultivate local professional jewelry design and production talent, but also to enable more practitioners to build their brands, discover new avenues in the future and shine in the international arena.
The name, J-HUB, signals that the platform is the birthplace of jewelry and the origin of craftsmanship. It is where various streams of the trade can coalesce to carry on and energise the rich traditions of Hong Kong jewelry making.
J-HUB's logo is a colourful bird's nest with a diamond at its centre. It signifies that J-HUB aims to link wisdom, manufacturing, design and certification and to play the role of an incubation platform for the cultivation of a new generation of jewelry talent.