NAFMII held the 2012 Annual Session of Gold Market Members & First Meeting of Second Gold Market Special Committee in Beijing on October 31. The Committee is chaired by Zhang Hanqiao, General Manager of the China Gold Coin Incorporation, and consisted with two vice chairmen and 17 committee members. Dan Jiansheng, Chairman of First Committee, Yang Nong, Vice Secretary-general of NAFMII and gold market members joined the meeting.

NAFMII holds First Meeting of Second Gold Market Special Committee

In recent years, China’s gold market has achieved great development. By the end of 2011, PBC had initiated more than 300 projects issuing nearly 2000 commemorative coins. All of them are made of precious metals. According to statistics in "Gold Yearbook 2012" released by the World Gold Council, the issuance scale of gold coins in China reached approximately 800,000 ounces (25 tons) in 2011, ranking the sixth in the world. Achievements were also shown in sales, secondary market exchanges, intermediary services and other segments of the gold market.

Yang Nong, Vice Secretary-General of NAFMII with the members of the Gold Market Special Committee