Shanghai officially launched the International Jewelry Fashion Functional Zone in Huangpu District on May 16, strengthening the city’s role as a global hub for jewelry and fashion industries. The three-year development plan includes 24 strategic tasks focused on talent cultivation, brand incubation, and international collaboration. The zone will offer themed exhibitions, flagship retail opportunities, and financial incentives to attract domestic and global brands. The launch coincided with the opening of the 2025 Diamond and Gems Cultural Festival, boosting the sector’s visibility and consumer engagement across the city.