Core Insights - Jiangsu Donghai County, known as the "Crystal Capital of the World," produces 120 million crystal products annually, with a trading volume of 46 billion yuan [1][4]. Industry Overview - Donghai County has over 30,000 crystal industry workers and more than 3,500 processing enterprises [1]. - The county's crystal reserves amount to 300,000 tons, accounting for over 70% of the national total [3]. Market Dynamics - The total investment in Donghai Crystal City is 3.2 billion yuan, covering an area of approximately 452 acres with a building area of 450,000 square meters, making it the largest and most comprehensive crystal trading market globally [4]. - From January to August 2023, the trading volume of crystals reached 39 billion yuan, reflecting a year-on-year increase of 27.8% [4]. E-commerce and Sales Trends - The rise of new sales models, such as short videos and live streaming, has transformed the display and sales methods of crystal products [4]. - In 2024, the e-commerce trading volume for crystals is projected to reach 32 billion yuan, while cross-border e-commerce sales are expected to hit 5 billion yuan [4][7]. Economic Impact - The crystal industry has become a pillar industry for Donghai, contributing significantly to local economic development and providing livelihoods for the community [7].