China eyes gold production surge amid de-dollarisation drive, aiming to hedge global risks

South China Morning PostEN 2 min read 100% complete by Mia NurmamatFebruary 5, 2026 at 02:00 PM

AI Summary

short article 2 min

China plans to significantly increase domestic gold production between 2026 and 2030 to enhance self-sufficiency and hedge against global financial risks. The China Gold Association is spearheading this initiative, focusing on technological upgrades in mining and smelting, including deep-shaft mining and advanced extraction equipment. The plan also involves expanding investment in high-end gold materials for manufacturing and technology sectors. This initiative aims to secure resource stability amid a global shift away from the US dollar and geopolitical tensions, while also improving gold recovery rates and promoting sustainable production through cyanide-tailings technology.

Key Entities & Roles

Key Player Opposition Context

Gold ×760% United States 70% China Gold Association ×380% China 90%

Keywords

gold production 90% de-dollarisation 80% resource security 70% mining technology 70% geopolitical tensions 60% mineral exploration 60% cyanide-tailings technology 50% self-sufficiency 50% gold materials 50% global risks 40%