Shanghai to become national gold exchange center

时间：2006-11-30 05:57:07

（单词翻译:单击）

Chinanews, Shanghai, Nov. 29 – At the second China Gold Investment Summit held last Friday, deputy director of the People's Bank of China's Shanghai Investigation1 and Research Office Gu Mingde said that Shanghai had met all the conditions required of a national gold exchange center, and it should have the capability2 to do so, the Shanghai Morning Post reported.

 

Statistics show that at present, gold market in Shanghai has increased at a rate of 30%. Since the Shanghai Gold Exchange was established four years ago, some 3,075 tons of gold deals have been made there with the total transaction volume amounting to 383.3 billion yuan. The cash value of gold transactions in Shanghai is among the largest in the world.

 

In addition, paper gold transaction among commercial banks in Shanghai has also become an important part of deals in the gold transaction market. It is no exaggeration to say that Shanghai has had all the conditions necessary for a gold exchange center.

 
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1 investigation MRKzq     
n.调查，调查研究
参考例句：
  • In an investigation,a new fact became known, which told against him.在调查中新发现了一件对他不利的事实。
  • He drew the conclusion by building on his own investigation.他根据自己的调查研究作出结论。
2 capability JsGzZ     
n.能力；才能；(pl)可发展的能力或特性等
参考例句：
  • She has the capability to become a very fine actress.她有潜力成为杰出演员。
  • Organizing a whole department is beyond his capability.组织整个部门是他能力以外的事。

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