Only seven are approved by the state: Shanghai Gold Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange, Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange, and China Financial Futures Exchange. Place.
Currently there are only these seven, of which the Shanghai Gold Exchange is supervised by the People's Bank of China, and the remaining six are supervised by the China Securities Regulatory Commission.
The Shanghai Gold Exchange was approved by the State Council, established by the People's Bank of China, and registered with the State Administration for Industry and Commerce. It is the only national market in China that legally engages in gold trading. It follows the principles of openness, fairness, justice and It is a corporate legal person that organizes gold transactions based on the principle of good faith, not for profit, and implements self-discipline management.
The establishment of the Shanghai Gold Exchange has enabled China’s gold market, currency market, securities market, and foreign exchange market to form a complete financial market system in China, providing a spot trading platform for participants in the Chinese gold market. , connecting the production, demand, supply and demand of gold production and consumption enterprises, and completing a smooth transition from unified gold purchase and distribution to market transactions.