- China announces gold industry plan with a focus on technological advances.
- Gold output to rise over 5% by 2027.
- Plan boosts innovation with breakthroughs in mining and smelting.
China’s Ministry of Industry and Information Technology (MIIT) released a comprehensive plan on June 23, 2025, for advancing the national gold industry by 2027. The plan aims to boost gold industry innovation and output, enhancing both resource security and technological advancements.
The “Implementation Plan for High-quality Development of the Gold Industry” set forth by China’s MIIT and supported by nine other departments, targets an increase in gold resource capacity. By 2027, gold and silver output is expected to rise by over 5%, with a 5%-10% increase in gold resources. The plan emphasizes technological innovation, targeting deep mining and cyanide-free extraction technologies among its priorities.
China’s Strategic Gold Expansion Targets 5% Output Rise
“This is about creating leverage in international financial negotiations and currency discussions. A nation holding significant physical gold reserves has inherently greater monetary sovereignty.” – Stephen Jen, CEO, Eurizon SLJ Capital
According to CoinMarketCap, Bitcoin (BTC) has a market cap of $2.03 trillion and a dominance of 64.97%. Its current price is $102,279.60, reflecting a 1.42% increase in 24 hours. BTC’s 60-day price has risen by 10.37%, while the 90-day change is 17.31%.
Coincu research suggests that the plan could significantly shift China’s financial landscape. The deeper focus on gold as a strategic resource aligns with the country’s goals for technological advancement and resource independence.
Gold’s Role in China’s Financial Ambitions Amid Global Changes
Did you know? China’s focus on enhancing gold production is paralleled by a historic strategy of reducing US Treasury holdings, potentially elevating the significance of gold in global economic negotiations.
According to CoinMarketCap, Bitcoin (BTC) has a market cap of $2.03 trillion and a dominance of 64.97%. Its current price is $102,279.60, reflecting a 1.42% increase in 24 hours. BTC’s 60-day price has risen by 10.37%, while the 90-day change is 17.31%.
Coincu research suggests that the plan could significantly shift China’s financial landscape. The deeper focus on gold as a strategic resource aligns with the country’s goals for technological advancement and resource independence.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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