Jewelry Precious

The price of Chinese Hetian Jade rised 1,000 times since 1992, and a 5-kilogram good-quality white Hetian Jade rough may cost more than 1 million yuan ($150,000) now, a finished products may can be sold at a price of more 50% than the the rough.

Shanghai has become the trade center of Heitian Jade because most of the jade carving masters have moved to and live in Shanghai. There are 10+ masters who control the carving market now.

The jade carving masters charged for 5,000 yuan ($600) for a best-quality Hetian Jade a few years ago, but now the carving fee have risen to more than 50,000 yuan ($7,000).