Chinese culture considers jade to be a lucky stone. For them, it is known as “The Stone of Heaven”. Jadeite is so precious that there is a saying that goes: “Gold is valuable, while jade is priceless. Jade symbolizes prosperity, success and good luck.
It's also a symbol of renewal, longevity, and even immortality. That's why jade statues are often used in feng shui, and that's why babies from Asian cultures are often given jade bracelets when they're born.