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Is the Pan-Asian Gold Exchange formal?
Very formal

1. Page will establish a gold shop head market, and its early gold pricing will be the opening price of the global gold market. 2. Establish Pan-Asian Clearing Company to clear transactions. 3. The settlement business will be undertaken by Fudian Bank and Agricultural Bank of China. Market participation mechanism of graded member units and regional service centers

Taking "bridgehead, western development and border development" as the main strategy, Kunming has the advantages of cross-border RMB settlement and financial services policy, and cooperates closely with regional commercial banks with precious metals such as gold as the carrier.

The market supervision of the Pan-Asian Gold Exchange will be guided by the People's Bank of China and the Financial Services Office of the Yunnan Provincial Government.