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| China: gold reserve ranks fifth in world |
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| issuance time:2010-3-9 visited:84 source:
PeopleNet
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China's gold reserve amounts to 1,054 tons, ranking fifth in the world, said Yi Gang, central bank vice governor on Tuesday.
China is the largest gold producer in the world, with a more than 300 tons of gold produced annually. China is also a world's second largest gold consumer, with a consumption of over 400 tons of gold a year, second only to India.
It is conservatively estimated that there are far more than 3000 tons of gold accumulated among Chinese people.
By People's Daily
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