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necklace

A necklace is an article of clothing or jewelry; which is worn around the neck. Necklaces are frequently formed from a metal chain; often attached to a locket or pendant. Necklaces can also be manufactured with cloth, and they sometimes contain rocks (particularly gems), wood, and/or shells. When worn high on the neck it is referred to as a choker. China is the world's foremost producer of necklace, accounting for about half of global supply. Exports have been increasing in the past few years and continue to show strong growth: Sales in the first 10 months of 2005 grew more than 50 percent to US$650 million. It is estimated that 70 percent of the country's exports in the line go to OEM and ODM customers. Currently, about 60 percent of all costume jewelry (including necklace) export volume in China is low-end, 30 percent midrange and 10 percent high-end. About 70 percent of China's 5,000 costume jewelry makers have export capability and of these, only around 1,000 can ship products directly. The rest export via the country's more than 1,500 trading companies.