New Jade - a pale green stone. "New Jade" goes by many other names as well - Korean Jade, SuoChow Jade, Serpentine Jade, Xiu Jade, Street Jade.
The name Serpentine Jade is the real clue to the nature of this stone. This is Green Serpentine - a tough and durable stone that is similar to Jade.
This is, "a jade by any other name, is still as handsome."