Henan Province, known as China's hub for lab-grown diamonds, plays a significant role in the billion-dollar synthetic diamond industry. Producing an impressive 10 million carats annually, the region exports 60 percent of its output, representing half of China's total artificial diamond exports. These lab-grown diamonds possess the same optical, physical, and chemical characteristics as their natural counterparts, fueling demand worldwide and positioning Henan as a key player in growing market.