Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 26 (Xinhua) — China will promote high-quality, intelligent, green and safe development of its fast-growing gold mining industry, the Ministry of Industry and Information Technology (MIIT) said.
Recently, the MPI, together with eight departments including the National Development and Reform Commission, the Ministry of Commerce and the Ministry of Natural Resources, released an action plan for the high-quality development of the gold mining industry for 2025-2027.
According to the MPI, the implementation of the action plan aims to unify the work to ensure high-quality development and high security, and to maximize China’s advantages in the scale of gold smelting and processing, business management and other aspects.
According to the plan, by 2027, China’s gold resource capacity and the innovation level of its industrial chains will be significantly enhanced. During this period, the country’s gold reserves will increase by 5-10 percent, and gold and silver production by more than 5 percent.
China will promote green and efficient use of resources through measures such as building green mines and factories, and accelerate digital transformation by adopting artificial intelligence and other technologies, the plan says.
According to data from the China Society of Gold Miners, China’s gold production was 377.24 tons in 2024, while its consumption of the yellow metal was 985.31 tons. -0-