Central Bank Approved Gold International Plate Will Fall In Shanghai

< p > > the world's < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes "< hat > net" Xiaobian to introduce the central bank has officially approved, the gold international plate will soon fall in Shanghai.

< /p >

< p > according to media reports, the Shanghai international gold plate of the free trade area has been approved by the regulatory authorities recently. China will set up a precious metal trading market for overseas investors in Shanghai.

According to the briefing, the people's Bank of China issued the reply on the approval of the establishment of the international business section of the Shanghai gold exchange in May. The Shanghai gold exchange's international board plan has been approved in principle.

< /p >

< p > reporter understands that at present, Shang Jin is actively preparing for the international board, improving trading rules and risk control design.

As the central bank's trading market, the Shanghai gold exchange will use the Shanghai Free Trade Zone platform to plan the formation of "Shanghai international a href=" //www.sjfzxm.com/news/index_s.asp "gold trading center" /a "subsidiary as the operator. The paction is intended to adopt the valuation of the people's currency and accept offshore RMB investment.

< /p >

< p > as early as March, Rhodes, chairman of the Shanghai gold exchange, revealed that the Shanghai gold exchange is now actively promoting the establishment of Shanghai international gold trading center in Shanghai free trade area, which will be officially launched in the first half year.

After the central bank's formal approval, the long-standing "gold international board" will soon be released.

< /p >

< p > industry insiders said that the establishment of the international gold plate in the Shanghai free trade zone has been brewing for a long time. The international gold board is located in the free market of Shanghai free trade zone. Foreign investors can trade, but the specific rules on how to trade, who can participate, how to deliver, and how much money is not known is unknown.

The person disclosed that the first half of the Shanghai free trade area gold international plate trading rules will be introduced soon, the second half of this year can be formally put into operation.

< /p >

< p > it is understood that as early as the news came out, the Shanghai free trade area has established a vault of capacity of up to 2000 tons. The mode of logistics and warehousing is advancing synchronously, laying a good foundation for the participation of international institutions and banks.

Insiders said that the establishment of the gold international board meant a real progress, rather than just staying at the level of discussion on the right to price a href= "//www.sjfzxm.com/news/index_cj.asp" > Gold < /a >.

< /p >

< p > although China is no doubt a leader in terms of gold production capacity or consumption demand, it has been dominated by the European and American markets in terms of gold pricing.

China's gold consumption has increased year by year, exceeding India in 2013 and becoming the largest gold consumer in the world. At present, China has developed into the fastest growing gold market in the world today.

< /p >