1950 In April, the People's Bank of China formulated and promulgated the "Measures for the Administration of Gold and Silver" (draft), forbidding people to buy and sell gold and silver, severely cracking down on the speculation and smuggling of silver dollars, effectively increasing the country's gold and silver reserves and consolidating the local currency status of RMB.
1949- 1957, the price of gold has been fixed at the level of every two 95 yuan RMB (3 1.25g) for a long time. The national investment in the gold industry is very small, with an average of 6.5438+0 million yuan per year. The price is low and the investment is small, so the gold industry can only simply maintain and the output is low. 1957 domestic gold output was 5.54 1 ton and silver output was 122 ton. Among them, 2.948 tons are colored by-products, accounting for 53.20% of the national total gold output.
From 65438 to 0957, Premier Zhou Enlai instructed to "develop gold production and solve the urgent need for foreign exchange". The state supports the gold industry in terms of policy, manpower, material resources and financial resources, and a large-scale gold mining boom has been set off throughout the country.
1958, Wang Heshou, then Minister of Metallurgy, put forward the policy of "striving for a leap in the output of non-ferrous metals and occupying all fields of non-ferrous metals" in his report to Chairman Mao and the CPC Central Committee, which was affirmed by the party and the state.
After 1958, various smelting enterprises strengthened the comprehensive utilization of resources and made remarkable achievements in expanding the source of gold and silver raw materials, improving technology and equipment. 1958 gold output reached 6.89 tons, the highest annual output record since the founding of China.
1960 organized the famous "Silver Congress War". In that year, the output of silver in China reached a record 2,048 tons, which was 1 1.38 times higher than that in the same period. 196 1 silver output 1858 tons, 1962 decreased to 6 1 1 ton, and 1963 only recovered to the normal level of 237 tons.
1964 1 President Mao Zedong said at the Central Working Conference that "Dong Lao (Dong) advocates gold mining, and silver is right, so we should dig more gold and silver".
19656565438+0, China Gold Mining Company was established, which centralized and unified the management of the national gold mining industry, and the state invested in the construction of a large number of large-scale gold mines. For example, Zhaoyuan Linglong Gold Mine in Shandong and Jinchangyu in Hebei. The construction of these gold mines has laid a solid foundation for the development of gold industry in China.
1965 The national gold output was 7.824 tons and the silver output was 265 tons. Among them, the colored by-product gold is 3.603 tons, accounting for 46.05%.
1On June 6th, 969, the representative of the Ministry of Metallurgy issued the Notice on Issues Concerning the Revocation of China Gold Mining Company, forcibly revoking China Gold Mining Company, and all the gold mines directly under the former China Gold Mining Company were decentralized to all provinces, autonomous regions and municipalities (except Qinling Gold Mine).
From 65438 to 0975, Wang Zhen, then Vice Premier of the State Council, focused on the gold industry and strengthened the management organization.
1975- 10, Wang Zhen presided over the drafting of the Report on Vigorously Developing Gold and Silver submitted to the State Council. The "Report" clearly stated that "it is necessary to strengthen leadership over gold work and increase the necessary strength. The Ministry of Metallurgy plans to set up a gold management bureau, and key provinces, municipalities and autonomous regions that produce gold should have corresponding institutions and personnel. "
1976 gold administration of the Ministry of Metallurgy.
1977 The annual output of gold exceeded191year, the highest level in history.
1978 The national gold output was 19.673 tons, of which colored by-products were 12.286 tons, accounting for 62.45%, and the national silver output was 4 19 tons, all of which were colored by-products.
1979, the Gold Command of Capital Construction Corps and China Gold Corporation were established one after another.
198 1 The Ministry of Metallurgy and the Party Committee of China People's Liberation Army Capital Construction Corps jointly issued the Notice on the Management System of China Gold Corporation and Capital Construction Corps, leading the Gold Administration Bureau of the Ministry of Metallurgy, China Gold Corporation and Capital Construction Corps in a unified way to form a trinity organizational structure and management system.
1982, the People's Bank of China began to issue panda gold coins.
1September, 1982, China resumed the sales of gold ornaments and took the first step to open the gold and silver market in China.
1983 After the establishment of China Nonferrous Metals Industry Corporation, a leading group for gold and silver industry was established, and a gold and silver work office was set up to strengthen the leadership over the production and construction of non-ferrous gold and silver.
After 1983, the state formulated and implemented a series of laws and regulations, mainly including: Regulations on the Administration of Gold and Silver in People's Republic of China (PRC), Detailed Rules for the Implementation of Regulations on the Administration of Gold and Silver in People's Republic of China (PRC), Measures for the Administration of the Entry and Exit of Gold and Silver, Interim Measures for the Administration of Silver Geological Exploration Fund, Notice of the People's Bank of China on Taxation on Silver Placement and the People's Bank of China.
1983 After the establishment of China Nonferrous Metals Industry Corporation, the national production of silver and associated gold was under centralized management, and a leading group for gold and silver work was established to strengthen the leadership of the national production and construction of non-ferrous gold and silver. At the same time, we have won a series of preferential policies for the development of gold and silver associated with non-ferrous systems, such as gold and silver development fund, foreign exchange sharing, special loans, geological prospecting fund, and partial tax exemption, which have made great achievements in the production and construction of non-ferrous gold and silver: 36 large-scale silver mines have been explored with silver geological prospecting fund, more than 20 silver-based mines have been built with gold and silver special funds, and 4 17 new and technological transformation projects have been carried out with gold and silver development fund and special loans. In the early 1990s, China did not need to import silver. At the same time, the production of silver has also changed from mainly relying on by-products such as lead, zinc, copper, tin and gold to by-products, and minerals exist.
1983 The annual domestic silver output is 59 1 ton.
1988, the state administration of gold was established, and integrated management of gold exploration and production was implemented throughout the country.
From 65438 to 0994, the state cancelled the development of gold and silver geological exploration funds and implemented paid use.
1994 10, the former China Nonferrous Metals Industry Corporation established Cinda Gold and Silver Development Center to transfer the gold and silver development fund, silver geological exploration fund, gold and silver foreign exchange sharing and related creditor's rights to Cinda Gold and Silver Development Center for management.
1995, the annual output of gold exceeded 100 tons, ranking sixth in the world.
1998, the domestic annual output of silver reached 1299 tons.
1999165438+10. In October, with the approval of the State Council, the People's Bank of China issued the Notice on Issues Related to the Reform of Silver Management, announcing the deregulation of silver and the opening of the silver market.
1999165438+10. In October, MOFTEC issued Order No.702 of the Interim Measures for the Administration of Silver Export, and implemented the export quota management system for silver export.
199965438+On February 28th, the wholesale market of Shanghai Huatong Nonferrous Metals Spot Center became the only silver spot trading market in China. The liberalization of silver is regarded as a "preview" of the opening of the gold market.
On June 65438+ 10/day, 2000, the silver market opened. Allow silver production enterprises to meet directly with the production and sales units of silver users, and levy 17% value-added tax; Cancel the licensing management system for the processing, wholesale and retail business of silver products (except silver coins), and manage the production and business activities of silver in accordance with the relevant provisions of general commodities; The state applies quota management to the export of silver.
In 2000, the annual output of silver in China was 1569 tons; The annual output of gold reaches 175 tons, ranking fourth in the world.
In April 2000, China Nonferrous Metals Industry Association was established.
In August, 2000, Shanghai Laofengxiang Profile Gift Company was approved by Shanghai Branch of the People's Bank of China, and began to operate the exchange business of old gold ornaments, becoming the first commercial enterprise in China to pilot the free exchange business of gold.
From June 5438 to 10, 2000, the research group of the State Council Development Research Center published a research report on the opening of the gold market. In the same year, the government of China listed the establishment of a gold trading market in the Tenth Five-Year Plan for national economic and social development.
In April of 20001year, Dai Xianglong, governor of the People's Bank of China, announced the cancellation of the planned management system of "unified purchase and distribution" of gold and the establishment of a gold exchange in Shanghai.
On June 65438, 20011,the central bank started the weekly quotation system of gold prices, and adjusted the domestic gold prices according to the price changes in the international market.
August 1, 200 1, the prices of gold ornaments, gold concentrates, gold nuggets and gold and silver products were released.
On September 29th, 20001year, China National Gold Group Corporation was established.
200 1,11on October 28th, the gold exchange was put into simulated trial operation, and gold has gone through a long process from standardization to opening.
200 1 1 1, China Gold Association was established.
On June 30th, 2002, the Shanghai Gold Exchange opened, and the China gold market was fully opened. At this point, the state abolished the system of unified purchase and distribution of gold and silver that lasted for 50 years.
In April 2003, the People's Bank of China cancelled 26 administrative examination and approval items related to the gold industry, including the cancellation of the gold purchase license, the examination and approval of the production, processing and wholesale business of gold products, the examination and approval of gold supply and the retail business of gold products. After these approval items are cancelled, companies from all over the world can freely invest in the production, wholesale and retail of gold ornaments in China only by buying gold in the local market in China, without the approval of the China government. However, gold import and export still need to apply.
In June 2004, Gaosaier gold bars were listed, and investment gold bars sold and repurchased at the international market price appeared for the first time in China. In July, CICC Gold cooperated with other companies to establish Zhengzhou Gold Exchange Center and Dalian Gold Exchange Center respectively.
On August 16, 2004, the Shanghai Gold Exchange launched the AU(T+D) spot deferred delivery service.
On September 6th, 2004, Zhou Xiaochuan, Governor of the People's Bank of China, said at the annual meeting of the London Gold and Silver Market Association (LBBA) that the gold market in China should change from commodity trading to financial trading. From spot trading to futures trading, from domestic market to integration into the international market. Three transformations have become the dominant ideology guiding the development of China gold and silver market in recent years.
June 5438+October 2004 10, China Nonferrous Metals Industry Association awarded Hunan Yongxing the title of "China Yindu".
On June 8, 2005, 65438, Shandong Gold Group announced that it would invest 50 million yuan to set up Shandong Gold Exchange Center.
On July 18, 2005, Shanghai Gold Exchange and ICBC Shanghai Branch jointly launched the "Gold Expert" business, which is the first personal gold investment product launched by Shanghai Gold Exchange.
In August, 2005, Shandong Zhao Jin Gold Trading Center invested by Shandong Zhao Jin Gold Group officially opened.
In September 2007, the China Securities Regulatory Commission approved the listing of gold futures on the Shanghai Futures Exchange, and the opening of the gold market in China entered a new stage.
In 2008, the annual output of gold reached 282 tons, ranking first in the world, among which the output of non-ferrous metal gold was 53.456 tons, accounting for 18.95% of the total national gold output.
In 2008, the annual output of silver in China soared to 9587 tons.
In 2008, China National Gold Group Corporation, Shandong Gold Group Co., Ltd., Zijin Mining Co., Ltd., Shandong Zhao Jin Group Co., Ltd., Lingbao Gold Co., Ltd. and other large enterprises produced gold 109 tons, accounting for 46.8% of the mineral gold production in the gold industry, achieving a profit of 8.5 billion yuan, accounting for 68.5% of the whole industry, and retaining about 3,200 tons of gold resources.
On February 30th, 2008, 65438, tianjin precious metal exchange was incorporated.