www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Gold fund set up for nations along Silk Road

By LYU CHANG (China Daily) Updated: 2015-05-27 09:57

China has launched a fund that is expected to raise around $16 billion for gold-related investments, including developing gold mining projects, as part of the "Belt and Road Initiative".

The fund, expected to raise the target amount in three phrases, will be managed by Xi'an Silk Road Fund Management, a joint venture led by two large gold producers Shandong Gold Group and Shaanxi Gold Group, according to Shanghai Securities News.

Shandong Gold will be the largest shareholder with 35 percent. Shaanxi Gold will have a quarter share in the new business, with the rest taken up by financial companies including Western Securities and Industrial Bank.

Proposed by President Xi Jinping in 2013, the "Belt and Road Initiative" is likely to involve major investment in infrastructure, and growing levels of trade along the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

The report said the fund will become the largest to focus solely on gold-related businesses, including mining and other activities involved throughout the gold sector supply chain, and is expected to look at investment opportunities in countries likely to be included in the "Belt and Road Initiative".

"One of the most likely areas to attract investment will be gold mine projects in the northwestern route of the 'Belt and Road Initiative', through mergers and acquisitions of listed gold companies and mining firms," a source who preferred to be anonymous was quoted as saying.

The move is also a reflection of robust demand for gold in India and Thailand in the next couple of years, the source said.

Officials estimate "Belt and Road" countries account for more than half of the world's gold production and 80 percent of total gold consumption, with China and India the two largest nation consumers.

China is the world's largest producer and consumer of the precious metal. The country's gold demand fell by 7 percent to 273 metric tons on a year-on-year basis between January and March, with jewelry demand falling by 10 percent during the period, according to the World Gold Council.

Roland Wang, managing director of the World Gold Council China, said there are believed to be 16 gold-producing regions and countries along the "Belt and Road" concentrated in Central Asia. Annual gold production in Uzbekistan, for instance, is the world's seventh largest with 102 metric tons in 2014, he said.

"The initiative will help the Chinese gold mining companies jointly explore the precious metal industry in those countries since they can offer technological, financial and operational advantages over other countries," he said.

"Trade in gold will play an important role in transactions by 'Belt and Road' countries."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 伊人狠狠丁香婷婷综合色 | 女人野外小树林一级毛片 | 国产伦精品一区二区三区网站 | 国产成人亚洲精品一区二区在线看 | 日本毛片在线 | 久久综合中文字幕一区二区 | a爱视频 | 国产手机精品视频 | 性色欧美xo影院 | 日韩三级中文字幕 | 国产精品夫妇久久 | 玖玖国产在线观看 | 日本一级毛片片在线播放 | 国产高清晰在线播放 | 欧美精品久久一区二区三区 | 国产高清一区二区三区免费视频 | 亚洲综合视频 | 免费一级欧美片在线观免看 | 免费的a级毛片 | 精品国产亚洲一区二区在线3d | 亚洲欧美在线精品一区二区 | 亚洲在线观看 | 小屁孩和大人啪啪 | 91九色国产porny | 一级片一区 | 国产看片视频 | 91成人在线视频 | yellow中文字幕久久网 | 成人在免费观看视频国产 | 99久久精品免费观看区一 | 亚洲视频在线视频 | 99久久免费精品视频 | 怡红院爽妇网 | 一级毛片免费视频观看 | 国产九九精品 | 影院亚洲 | 国产观看在线 | 性夜黄a爽爽免费视频国产 性夜影院爽黄a爽免费看网站 | 亚洲精品成人久久 | 欧美jlzz18性欧美 | 日本高清视频www夜色资源 |