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Sunday, May 17, 2009

China broadcast changes to the 1054 tons of gold reserves increased 75.6%

By Professional editor working for autoclave aerated concrete.

Beijing Xinhua April 24, vice head of People's Bank of China, State Administration of Foreign Exchange said today that Secretary Hu Xiaolian, China's gold reserves has arrived at 1054 tons, weighed against with 2003, an advance of 75.6 out of 100, position fifth in the world.

Hu Xiaolian said that in this 100 years, China's gold reserves were two changes, namely, 2001 and 2003, respectively, modified to 394 tons from 500 tons and 600 tons. Since 2003, the stepwise adoption of nationwide purification and miscellaneous payments, for example the household market, an boost of 454 tons. China's gold reserves has come to 1054 tons, issued in the States gold reserves, only six nations, more than 1000 tons, grading fifth in China.

She said that freshly, we have the pertinent provisions of the International Monetary Fund, on the modifications in gold reserves to a briefing and to be recognized. This change will be in the future BoP and the People's Bank of files connected to the statistical report and reflect.

According to the World Gold Council data show that the world's gold reserves are: 8133.5 tons the United States, Germany 3412.6 tons, the World Monetary Fund (IMF) 3217.3 tons, 2508.8 tons in France, Italy 2451.8 tons, 1054 tons in China, Switzerland, 1040.1 tons, SPDR Gold Trust (ETF Fund) 1024 tons, 765.2 tons in Japan, the Netherlands 621.4 tons. (In addition to China, other countries, statistical data as of September 2008). - 18418

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