Soaring jade prices force Yangzhou workers to improve their skills

by lianchengji on 2009-06-15 09:11:11

A mysterious Hetian jade seed material was recently transported to Yangzhou, appraised at more than 40 million yuan, exceeding the annual sales revenue of the Yangzhou Jade Factory! It is reported that a few years ago, this piece of jade was worth only tens of thousands of yuan, but it has increased by 1000 times in just six or seven years. Is this a value reversion of jade, or a crazy speculation? Anyway, the skyrocketing price of jade has brought great impact on the jade industry in Yangzhou, and a reshuffle has already started among small and medium-sized jade factories.

Liu Yi, at the age of thirty, has won the "Baihua Yujian Cup" award three times, with his ancestors having been engaged in jade processing for generations. At the age of thirty, he took over his father's business "Yi Hai Jade Carving" - a jade processing factory with only eight people. Now, he is personally experiencing the impact brought by the crazy rise in the price of jade.