According to Research and Markets, world's largest and most respected market research resource, Chinese jewelry industry sales have increased by approximately CNY20 billion ($2.88 billion) since 2005 + they have reached CNY180 billion ($25.92 billion) in 2007 + the jewelry industry has so far become the third largest in the country, preceded only by real estate and automobiles.
Source: Gems & Jewelry Trade Association of China + China Gold Association + Shanghai Diamond Exchange + Ministry of Commerce + National Bureaus of Statistics and statistics bureaus at provincial or municipal level + financial statements of some key jewelry enterprises.
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