On November 10, 2020, the 2020 International Jewelry Summit Forum was grandly held in Shanghai.

Xiao Guiyu, deputy director of the Standing Committee of the Shanghai Municipal People's Congress, delivered a speech at the opening of the summit. He mentioned that China's jewelry consumer market has huge scale, huge potential, and unlimited prospects. It has become an indispensable part of the world jewelry industry chain. As China's important international jewellery industry agglomeration and consumption city, Shanghai will guide global jewellery products and services to enter more regions of China, and bring tangible development opportunities to the jewellery industry and enterprises.