gold 300x239 Chinas Gold Rush (黄金大潮滚滚流)In 2007, China surpassed South Africa to become world’s largest gold producer. Since then, the country continues to produce more and more gold. At the same time, Chinese’ enthusiasm about gold only gets stronger and stronger (See Article from China Daily). According to a latest estimate, China consumes about 450 tons of gold in 2009, which is an increase of about 13.8 percent from last year. Such a trend coincides with a spike in the international gold price in 2009. Such a trend also benefits most of the gold mining companies in China such as Zijing Mining and National Gold Group. Some of them make the effort to take oversea mining companies with mixed rate of success.

中国从2007年取代南非成为世界上最大的黄金生产国,由此中国的黄金产量一发不可收拾。同时中国的黄金需求也随着产量增加不断上升。在新的10年开始之际,中国俨然已经成为世界上数一数二的黄金大国。

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