Marrying at This Chinese University Comes With a Diamond Ring (opens original article in a new tab)

A Chinese university awarded doctoral candidates married at its annual event with diamond rings made in its lab, using a process that creates diamonds in days rather than billions of years.

• The Harbin Institute of Technology gave 187 doctoral candidates diamond rings with lab-grown diamonds.
• The university's annual Doctoral Wedding has celebrated 803 couples since 2013.
• Lab-grown diamonds cost 1,800 to 3,500 yuan, about 10% of natural diamonds.
• China's lab-grown diamond market is projected to grow to 102.5 billion yuan by 2030.