Related News
China set to be world's top bullion producer for 7th straight year
Online Edition
CHINA is posed to retain the title of the world's top bullion producer for the seventh consecutive year by producing a record amount of gold at 430 tons this year, according to Du Haiqing, vice general manager at China Gold Group Corp.
Gold output in China is expected to rise 6.7 percent from 403 tons in 2012. Production during the first eight months has reached 270 tons, Du said at a mining conference in Tianjin today.
Gold consumption also continued to grow in China, which is expected to exceed 1,000 tons this year, 20 percent up from last year, according to Du.
China is the second-biggest gold consumer in the world after India. It may overtake India to become the biggest market this year as bullion consumption jumped 54 percent year-on-year in the first half, according to the China Gold Association.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
