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World Gold (224.77,4.63,2.10%, right) Association and the Shanghai Gold Exchange in Shanghai, China jointly released the 2007 record high gold sales information. Last year, gold sales in Greater China reached 363.3 tons, up 23% over 2006; over-growth of gold demand in Mainland China reached 326.1 tons, up 26% over 2006. Among them, 300 tons of gold jewelry demand for a breakthrough, to 302.2 tons, the Chinese mainland market, gold jewelry consumption leapfrogged the United States and Turkey, ranking second only to India. Shanghai Gold Exchange in 2007 the same amazing performance, the annual total of 1828.13 tons of gold transactions, an increase of 578.53 tons over 2006, up 46.30 percent, the highest since the establishment of gold Exchange, the highest. The information is released simultaneously around the world. Conference in Shanghai, issued invitation to the World Gold Council Managing Director and Chief Marketing Officer Philip (PhilipOlden), the World Gold Council Far East District, Albert Cheng, managing director, World Gold Council, Wang Lixin, general manager of Greater China, Shanghai Shiang-Rong Yu Shen, chairman of Gold Exchange and other guests, accepted, including the "China Gold News" reporter, including a number of media interviews. Mainland China's demand for gold jewelry since 1997, the first time 10 years 300 tons. Guests believe that 10 years ago, the great increase in gold sales is due to high inflation caused a lot of people buy gold to hedge 24K, rising demand for gold in 2007 because, it is the prosperity of the gold market. Chinese consumers have several options when buying gold: gold coins, gold bars, gold ornaments, 24K gold and 18K gold jewelry and other jewelry to meet the needs of different levels. Sentimental value of gold, process value, investment value, more and more Chinese people are understanding and acceptance. This is China's rapid economic development, improved living standards in the result. Despite the soaring international price of gold, but did not affect the Chinese people continued enthusiasm of gold consumption. Greater understanding of the function of increasing the value of gold has become increasingly aware of the gold is the best investment products to hedge risk. As a result, gold investment has become China's gold market is a new craze. In 2007, China's gold retail investment amounted to 23.9 tons, an increase of 60%. Gold sales for the new high last year, the World Gold Council played a significant role in promoting. Philip said that the World Gold Council to promote the work done in China, is a strong promotion of K-gold, gold jewelry to a broader range of consumer, more and more young people favor of 18K gold jewelry. Only the promotion of fine gold pure gold, pure gold jewelry to reflect the high technology and fashion technology, won the older and younger age consumers, and thus boost gold consumption. Promotion of the World Gold Council, gold jewelry business in China has been the strong support of the association to promote the progress of activities very smoothly. Shiang-Rong Yu Shen, chairman of the Shanghai Gold Exchange, the Shanghai Gold Exchange, is the direction to the international development, Standard Chartered, HSBC and other foreign banks have been absorbed by the foreign exchange for the gold membership to play the role of market makers. When will the palladium traded in the gold Exchange, Shen said, the import policy of palladium and some issues to resolve, our efforts are positive. The e-commerce company in China offers quality products such as large leather briefcase Manufacturer , custom leather briefcase, and more. For more , please visit laptop briefcase backpack today!
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