Natural diamond is the hardest substance in nature, and graphite can also form synthetic diamonds through high temperature and pressure. At present, China's artificial diamond industry is leading the world in scale, and downstream products are becoming more and more abundant. At a store specializing in cultivating diamonds in Nanyang, Henan, the reporter saw an endless flow of consumers coming to inquire and buy, mostly young people. The data shows that in recent years, the retail price of cultured diamonds has dropped by more than 50% from its peak. Take a 1-carat high-quality cultured diamond as an example. The price in 2020 was about 8,000 yuan, but now it's only about 3,500 yuan, while natural diamonds of the same quality still cost more than 40,000 yuan. Meanwhile, in 2025, cultivated diamonds accounted for more than 40% of sales in the global diamond and jewelry market, an increase of more than 8 times over 2019.

Natural diamond is the hardest substance in nature, and graphite can also form synthetic diamonds through high temperature and pressure. At present, China's artificial diamond industry is leading the world in scale, and downstream products are becoming more and more abundant. At a store specializing in cultivating diamonds in Nanyang, Henan, the reporter saw an endless flow of consumers coming to inquire and buy, mostly young people. The data shows that in recent years, the retail price of cultured diamonds has dropped by more than 50% from its peak. Take a 1-carat high-quality cultured diamond as an example. The price in 2020 was about 8,000 yuan, but now it's only about 3,500 yuan, while natural diamonds of the same quality still cost more than 40,000 yuan. Meanwhile, in 2025, cultivated diamonds accounted for more than 40% of sales in the global diamond and jewelry market, an increase of more than 8 times over 2019.