IDC plans posting Chinese version of IDC Rules on its website

The International Diamond Council (IDC) is preparing a Chinese-language version of its "IDC Rules for Grading Diamonds" for its website, along with the updated, English-language and authoritative version of the IDC Rules.

IDC Chairman Stephane Fischler said, "The IDC Rules need to be accessible to a wide as possible, global audience. Since the IDC Rules are the diamond business' single, authoritative, international set of rules with regard to nomenclature, we will continue to make them accessible to a wide audience and into as many languages as we can. Fischler further added, "With new consumer markets gaining status and size, such as China, India and Russia, it is important that we continue to make the IDC Rules widely available in these markets as well”.

Fischler said that the Chinese translation was the first of a series of translations that would be made available and that he looked forward to a greater industry support for additional translation projects during the upcoming 34th World Diamond Congress. "By offering these downstream markets and their consumers these freely available international grading rules in their own languages, we will significantly contribute to lower the information threshold and enhance confidence in diamonds. Recognizing the need to further distribution of the IDC Rules, I look forward to have the IDC Rules translated in additional languages, such as Russian, Spanish, Portuguese, Italian, French, and Arabic."

The chairman thanked the Shanghai Diamond Exchange (SDE), its President Mr. Qiang Lin, SDE director Ms. Caroline Yuan, China Diamond Manufacturers Association and its president, Mr. Sandro Sze, for their support and contribution to the venture.