China’s Ministry of Industry and Information Technology, along with eight other government departments, has released an ambitious action plan to transform the nation’s gold industry from 2025 to 2027. The strategy focuses on four key pillars: high-end development, intelligent operations, environmental sustainability, and enhanced safety standards.
The plan sets specific targets including a 5-10% expansion of gold resources and over 5% growth in gold and silver output. Major technological breakthroughs are expected, with large-scale mining operations (processing 500+ tonnes daily) projected to dominate 70% of the industry. The initiative also prioritizes green mining practices and digital transformation through AI integration. This strategic move aims to strengthen China’s position as the global leader in both gold production (377.24 tonnes in 2024) and consumption (985.31 tonnes in 2024).