2017年CRI Annual Myanmar Gems Emporium Attracts More Traders

 

Organizers of the prestigious¹ annual Myanmar Gems² Emporium are reporting an increase in the number of Chinese merchants this year, seen as a sign of a recovery in the Jade³ market.

More than 6000 precious gems and jade are on sale at the event in the country's capital Nay⁴ Pyi Taw.

Sponsored by the government, the Emporium attracts almost 5000 merchants, including 3400 foreign buyers in search of bargains.

CRI's Myanmar correspondent Tu Yun reports.

Myanmar jade has been highly valued by Chinese people since the Qing Dynasty.

Over ninety percent of Myanmar's rough jade stones are exported to China.

Since its launch in 1964, the annual Myanmar Gems Emporium has been attractive to hundreds of Chinese merchants.

But in the past couple of years, the zeal⁵ of Chinese merchants seems to have subsided⁶ after market prices hit record highs three years ago.

"I think the Chinese market is very quiet because they've already had a lot of supplies on their local market."

Dr. Aung Kyaw Win is Vice⁷ Chairman of Myanmar's Gems & Jewelry⁸ Entrepreneurs Association Yangon Region.

"No. 2, the global economy is going down. No 3, the Chinese government is also fighting corruption⁹. So, the demand from the Chinese market is also going down."

Jade accounts for the majority of the trade volume at the Gems Emporium.

Last year, the proceeds of the trade fair stood at around 530 million Euros, or 590 million US dollars, down ten percent from 2015, when sales were already one-third down

from the year before when the emporium netted record-breaking 3.4 billion dollars.

But the situation may have begun to change as Li Wenguo, a new comer to the event, observes.

"Though it's my first time here, I've learnt that merchants from Guangdong's Jieyang charted ten flights for this emporium, while last year the number was three. And that's just the number from one city. I think the prices have already hit the bottom on the jade market. Things cannot go worse than early this year. I think the market will gradually pick up."

Nearly five thousand traders from Myanmar and abroad have registered as qualified¹⁰ bidders¹², 40 percent more than last year. More than half of them are from China, up at least 20 percent year-on-year.

Over six thousand lots of jades¹³ and over three hundred lots of gems are up for sale through a tender system, in which the sealed bids are opened in public, with the highest bidder¹¹ winning.

The emporium runs until next Friday.

For CRI, I'm Tu Yun reporting from Nay Pyi Taw.

1 prestigious   

adj.有威望的，有声望的，受尊敬的

参考例句：

• The young man graduated from a prestigious university.这个年轻人毕业于一所名牌大学。
• You may even join a prestigious magazine as a contributing editor.甚至可能会加入一个知名杂志做编辑。

2 gems   

growth； economy； management； and customer satisfaction 增长

参考例句：

• a crown studded with gems 镶有宝石的皇冠
• The apt citations and poetic gems have adorned his speeches. 贴切的引语和珠玑般的诗句为他的演说词增添文采。

3 jade   

n.玉石；碧玉；翡翠

参考例句：

• The statue was carved out of jade.这座塑像是玉雕的。
• He presented us with a couple of jade lions.他送给我们一对玉狮子。

4 nay   

adv.不；n.反对票，投反对票者

参考例句：

• He was grateful for and proud of his son's remarkable,nay,unique performance.他为儿子出色的，不，应该是独一无二的表演心怀感激和骄傲。
• Long essays,nay,whole books have been written on this.许多长篇大论的文章，不，应该说是整部整部的书都是关于这件事的。

5 zeal   

n.热心，热情，热忱

参考例句：

• Revolutionary zeal caught them up,and they joined the army.革命热情激励他们，于是他们从军了。
• They worked with great zeal to finish the project.他们热情高涨地工作，以期完成这个项目。

6 subsided   

v.（土地）下陷（因在地下采矿）( subside的过去式和过去分词 )；减弱；下降至较低或正常水平；一下子坐在椅子等上

参考例句：

• After the heavy rains part of the road subsided. 大雨过后，部分公路塌陷了。 来自《简明英汉词典》
• By evening the storm had subsided and all was quiet again. 傍晚， 暴风雨已经过去，四周开始沉寂下来。 来自《现代汉英综合大词典》

7 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

8 jewelry   

n.（jewllery）（总称）珠宝

参考例句：

• The burglars walked off with all my jewelry.夜盗偷走了我的全部珠宝。
• Jewelry and lace are mostly feminine belongings.珠宝和花边多数是女性用品。

9 corruption   

n.腐败，堕落，贪污

参考例句：

• The people asked the government to hit out against corruption and theft.人民要求政府严惩贪污盗窃。
• The old man reviled against corruption.那老人痛斥了贪污舞弊。

10 qualified   

adj.合格的，有资格的，胜任的，有限制的

参考例句：

• He is qualified as a complete man of letters.他有资格当真正的文学家。
• We must note that we still lack qualified specialists.我们必须看到我们还缺乏有资质的专家。

11 bidder   

n.(拍卖时的)出价人，报价人，投标人

参考例句：

• TV franchises will be auctioned to the highest bidder.电视特许经营权将拍卖给出价最高的投标人。
• The bidder withdrew his bid after submission of his bid.投标者在投标之后撤销了投标书。

12 bidders   

n.出价者，投标人( bidder的名词复数 )

参考例句：

• Bidders should proceed only if they intend on using a PayPal account to complete payment. Bidders的唯一形式，应继续只当他们在使用贝宝帐户，以完成付款打算。 来自互联网
• The other bidders for the contract complained that it had not been a fair contest. 其他竞标人抱怨说该合同的竞标不公平。 来自《简明英汉词典》

13 jades   

n.玉，翡翠（jade的复数形式）v.（使）疲（jade的第三人称单数形式）

参考例句：

• Nephrite is one of China's most five famous jades. 和田玉是中国五大名玉之一。 来自互联网
• Raman spectroscopy is applied to the identification of jades. 本文提出玉石品种鉴定的新方法———激光拉曼光谱法。 来自互联网