Jewelry Manufacturers in China: Panyu, Shuibei and Yiwu Compared

Published by: George Korn / Last updated: September 10, 2026 at 09:09

Top 12 jewelry manufacturers in China (2026)

By Li Wei, Sourcing Manager · Last updated September 8, 2026

Key takeaways

If you are looking for the best jewelry manufacturers in China, the top choices in 2026 include Qiao Sourcing (your sourcing agent on the ground), Chow Tai Fook, Lao Feng Xiang, Luk Fook Group and Chow Tai Seng. These houses combine Panyu and Shuibei craftsmanship, verifiable metal content and the scale behind China’s biggest jewelry brands.

Top 12: Jewelry manufacturers in China worth considering

China is the world’s largest jewelry market at roughly 94 billion US dollars in 2025, and its supply chain is remarkably concentrated: Guangzhou’s Panyu district alone accounts for around 60 percent of the country’s jewelry exports, while Shenzhen’s Shuibei hub handles over 70 percent of national gold trading volume.

#1 · Featured · Sourcing partner

1. Qiao Sourcing, Your China Sourcing Agent

Qiao sources across Panyu fine-jewelry workshops, Shuibei gold and Yiwu fashion lines, verifies assay and plating specs, and inspects before shipment. You get the right quality tier with the metal content actually on paper.

Panyu & Shuibei accessAssay verificationPlating spec controlSmall-batch friendly
NetworkVetted workshops in Guangzhou (Panyu), Shenzhen & Yiwu
Typical MOQs50-300 pieces per design, lower on fashion lines
On the groundGuangzhou-based team: factory visits, audits and QC included
ResponseWithin 2 business hours (GMT+8), English & Chinese
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Ideal for jewelry brands that need verified materials, not just pretty samples.

  • 2. Chow Tai Fook

    Hong Kong / Shenzhen · est. 1929

    Founded in Guangzhou in 1929 and listed in Hong Kong (1929.HK), Chow Tai Fook is Greater China’s largest jeweler with about 6,400 points of sale, including 6,274 in mainland China as of March 2025. Production runs through plants in Shenzhen, Foshan Shunde and Wuhan, home of its largest integrated Jewellery Park.

    gold jewelryHK listed6,400 stores
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  • 3. Lao Feng Xiang

    Shanghai · est. 1848

    Tracing to a silver shop opened in 1848 under the Qing dynasty, Lao Feng Xiang is one of the world’s oldest jewelry houses still in business. Shanghai listed (600612), it posted 2024 revenue of RMB 56.8 billion and sells gold, platinum and gemstone jewelry through nearly 6,000 outlets in China and overseas.

    heritage goldsince 1848Shanghai listed
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  • 4. Luk Fook Group

    Hong Kong / Guangdong · est. 1991

    Founded in 1991 and Hong Kong listed (0590), Luk Fook retails gold, platinum and gem-set jewelry through 3,179 mainland shops plus stores across Hong Kong, Macau and Southeast Asia, most of them franchised. Revenue rose nearly 30 percent to HK$17.2 billion in the year to March 2026, a record profit year.

    gold retailfranchise networkHK listed
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  • 5. Chow Tai Seng

    Shenzhen, Guangdong · est. 1999

    Established in 1999 and Shenzhen listed (002867) since 2017, Chow Tai Seng is one of China’s largest jewelry franchisors, with over 5,000 stores across more than 300 cities. It ranks first in mainland diamond jewelry sales volume, pairing everyday gold staples with diamond-set core collections under a franchise-led model.

    franchise leaderdiamond jewelry5,000 stores
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  • 6. Chao Hong Ji (CHJ)

    Guangzhou, Guangdong · est. 1996

    Founded in Guangzhou in 1996 and Shenzhen listed (002345), CHJ ranked first among mainland China’s fashion jewelry companies in 2024 per its Hong Kong listing filing. It operates about 1,670 stores worldwide, selling design-led gold, K-gold and gem-set collections plus the FION accessories brand, with RMB 4.37 billion revenue in the first half of 2026.

    fashion golddesign-ledShenzhen listed
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  • 7. Zhejiang Ming Jewelry (Mingpai)

    Shaoxing, Zhejiang · est. 1987

    Founded in 1987 in Shaoxing and Shenzhen listed (002574), Zhejiang Ming Jewelry runs one of eastern China’s larger precious jewelry operations, manufacturing and wholesaling gold, platinum and diamond-set pieces. It sells rings, necklaces, pendants and gold coins under the Mingpai Jewelry, Mingpai Heirloom Gold and Little Gold Joy brands, in stores and online.

    diamond jewelryMingpai brandShenzhen listed
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  • 8. Yuyuan (Lao Miao)

    Shanghai · est. 1906

    Shanghai Yuyuan Tourist Mart (600655), part of Fosun, owns the Lao Miao gold brand, heir to the Old City God Temple jewelers with a name dating to 1906. Rated China’s third largest jeweler by the China Chain Store and Franchise Association, it also holds the Damiani China venture and a majority stake in Djula.

    Lao Miao goldFosun groupShanghai listed
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  • 9. China Gold Jewellery

    Beijing · est. 2006

    The jewelry arm of state-owned China National Gold Group, founded in 2006 in Beijing and listed in Shanghai (600916) in February 2021. It wholesales and retails investment gold bars, gold jewelry and inlaid gemstone pieces through roughly 3,200 mostly franchised stores, backed by the parent group’s gold mining and refining chain.

    state-ownedinvestment goldShanghai listed
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  • 10. Zhou Liu Fu

    Shenzhen, Guangdong · est. 2004

    Established in Shenzhen in 2004, Zhou Liu Fu listed on the Hong Kong Main Board (6168) in June 2025, raising about HK$1.29 billion. One of China’s fastest growing gold jewelry franchisors, it ended 2024 with 4,129 stores, around 98 percent of them franchised, selling gold and diamond-set lines offline and online.

    gold franchisorHK listed 20254,100 stores
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  • 11. Xuping Jewelry

    Wuzhou, Guangxi · est. 1997

    Founded in 1997, Xuping is one of China’s largest fashion jewelry manufacturers, running a 200,000 square meter ISO9001 certified factory in Wuzhou, the world’s synthetic gem capital. It turns out about 8 million pieces per month in copper alloy and stainless steel with gold plating, tested for EU REACH nickel compliance, supplying wholesalers worldwide.

    fashion jewelryOEM volumeWuzhou
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  • 12. TSL (Tse Sui Luen)

    Hong Kong / Guangdong · est. 1971

    Grown from a 1960s Tsim Sha Tsui workshop and incorporated as Tse Sui Luen Jewellery in 1971, TSL listed on the Hong Kong exchange in 1987 (0417). One of Asia Pacific’s largest jewelers, it runs more than 480 boutiques in over 130 Asian cities, known for design-forward diamond collections.

    diamond designHK listed480 boutiques
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Company facts compiled from public sources; listing is informational and implies no partnership. Ranks 2-12 are editorial reference names, not clients: we introduce you to the right tier for your volume, giants included when it fits.

China Jewelry Manufacturing Market Overview (2026)

  • China is the world’s largest jewelry market, generating roughly 94 billion US dollars in revenue in 2025, with gold jewelry the dominant category and national consumption far ahead of the United States and India.
  • Guangzhou’s Panyu district is the fine jewelry manufacturing heart of the country, where over 400 jewelry companies and some 1,600 processing factories employ close to 100,000 people and account for around 60 percent of China’s jewelry exports.
  • Shenzhen’s Shuibei area concentrates more than 20 specialized gold and jewelry markets handling over 70 percent of China’s annual gold trading volume, while Yiwu and Qingdao dominate volume fashion jewelry and Wuzhou in Guangxi produces about 80 percent of China’s and 70 percent of the world’s synthetic gemstones.
  • Buyers should verify metal fineness with independent assay or hallmark reports, specify plating thickness in microns (3 to 5 microns wears 6 to 12 months versus 1 to 2 microns for disposable fashion pieces) and demand SGS-type test reports covering EU REACH nickel release limits and US CPSIA lead and cadmium rules.
Other categories to explore: Watches → Bags → Yiwu → All products →
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