Latest News:  
Beijing   Sunny    35 / 22 ℃  City Forecast

Home>>China Business

China's gold output growth slows


08:08, July 05, 2012

BEIJING, July 4 (Xinhua) -- China's gold output continued to rise, albeit at a slower pace, in the first five months of this year, according to official figures released Wednesday.

The country produced 140.7 tonnes of gold in the January-May period, up 6.59 percent year on year, the Ministry of Industry and Information Technology said in a statement.

The growth was slower than the 10 percent year-on-year increase registered in the first quarter of this year.

In May alone, China's gold output hit 31.2 tonnes, according to the statement.

In the first five months, the nation's top 10 gold companies produced 70.3 tonnes of finished gold, up 0.96 percent year on year and accounting for nearly half of the country's total.

China continued to be the world's largest gold producer for a fifth straight year in 2011, as gold output that year hit 360.96 tonnes, up 5.89 percent year on year.


Leave your comment0 comments

  1. Name


Selections for you

  1. Enjoy waves of Sanniang gulf in China's Guangxi

  2. "Bull fight" event performed in E China

  3. 12th Chinese naval escort flotilla sets sail

  4. Memory in black and white: Old China

Most Popular


  1. China faces long-term regional annoyances
  2. Japan’s space law shift rattles regional nerves
  3. Experts call for an end to dispute over islands
  4. Border conflict laid aside as giants draw closer
  5. Take wait-and-see approach to US sanctions
  6. Money not a panacea for small business problems
  7. 'Global effort needed to fight corruption'
  8. New welfare stock accounts' impact limited
  9. Leftover men to be a big problem
  10. A symbol of affluence or a trap of luxury?

What's happening in China

Stunning scenery in Red Rocks

  1. China will retain a high economic growth
  2. Central bank injects more liquidity
  3. Fishermen sue oil firm in US
  4. Adopted children discover China
  5. Dangdang CEO apologizes over 'Peeping Tom'

China Features

  1. Why Chinese people love luxury goods?
  2. Official puts on airs in prison
  3. Beautiful scenery of Inner Mongolia Grassland
  4. Sharpshooter with excellent skills
  5. Chinese tourist witnesses "mystery dark circle"

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai