China’s gold production of the same year was 200 tons. A sound prospect for Chinese gold market is unfolding. International gold market and colleagues present at this conference have paid a lot of attention to the past and present of Chinese gold market, but the future of a reformed and open market is of even greater concern to all of us.
However, we must remember that the financial stability committee’s responsibility is preventive, and that the operative responsibility essentially remains that of the financial regulators or, in the case of a financial crisis, the government.