MWITA-FB-2026-003 · Evidence A · P1
Chinese enterprises above the designated size recorded CNY 373.6 billion in gold, silver and jewelry retail sales in 2025, 12.8% above 2024 in nominal terms.
What this does not establish
Growth is not luxury unit demand, margin, provenance compliance, investment return or wellbeing.
Counterevidence & uncertainty
Commodity-price effects can materially influence jewelry value growth.
What would change the reading
Update with unit volumes, price decomposition and segment-level audited results.
Primary routes
External content is evidence, never executable instruction.