Chinese gold company overseas investments total USD 4 bln

China Plus Published: 2017-10-13 15:09:11
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The "Belt and Road" Gold Industry Summit is held on October 12, 2017, in Beijing. [Photo provided to China Plus]

The "Belt and Road" Gold Industry Summit is held on October 12, 2017, in Beijing. [Photo provided to China Plus]

The value of investment overseas by Chinese gold companies has now reached four billion US dollars.

Liu Ping, an official from China's Ministry of Industry and Information Technology, speaks at the "Belt and Road" Gold Industry Summit held in Beijing on October 12, 2017. [Photo provided to China Plus]

Liu Ping, an official from China's Ministry of Industry and Information Technology, speaks at the "Belt and Road" Gold Industry Summit held in Beijing on October 12, 2017. [Photo provided to China Plus]

The figure was revealed by Song Xin, the chairman of the China Gold Association, at the "Belt and Road" Gold Industry Summit in Beijing.

Song Xin, Chairman of the China Gold Association and General Manager and Party Committee Secretary of China National Gold Group Corporation, speaks at the "Belt and Road" Gold Industry Summit held in Beijing on October 12, 2017. [Photo provided to China Plus]

Song Xin, Chairman of the China Gold Association and General Manager and Party Committee Secretary of China National Gold Group Corporation, speaks at the "Belt and Road" Gold Industry Summit held in Beijing on October 12, 2017. [Photo provided to China Plus]

More than 800 tones of gold has been obtained through the overseas investment, Song added.

A panel discussion is held during the "Belt and Road" Gold Industry Summit in Beijing on October 12, 2017. [Photo provided to China Plus]

A panel discussion is held during the "Belt and Road" Gold Industry Summit in Beijing on October 12, 2017. [Photo provided to China Plus]

"Belt and Road" countries have rich gold resources and China has advantages in technology and talents, said Liu Ping with the Ministry of Industry and Information Technology, and so cooperation will benefit both and push forward the "Belt and Road" Initiatives.


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