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First-of-its-kind pearl auction held utilizing Hainan FTP

source:           editor:Zhang Wenni

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Buyers select black pearls at a jewelry auction in Sanya, Hainan province. [Photo provided to chinadaily.com.cn]

Yang said the company has established a diversified pearl import strategy, sourcing raw materials not only from Tahiti, but also from Japan, Myanmar, Vietnam, Indonesia, the Philippines, Australia, and other countries. In the future, while continuing to focus on pearls, Heren Pearl plans to gradually expand into other categories eligible for FTP policies, such as colored gemstones and jade. It will also scale up projects integrating pearls with cultural tourism.