Released on: September 5, 2008, 2:57 am

Press Release Author: Shushmul Maheshwari

Industry: Industrial

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
\"China Gold Report 2008\" to its report gallery. The report analyzes the gold
industry of China in context of global industry.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
\"China Gold Report 2008\" to its report gallery. China overtook South Africa to
become the world\'s largest gold producer in 2007; however, a large part of the
country still remains unexplored, according to the latest RNCOS report.

As per the report, China has a strong position in gold industry in terms of
consumption too. Gold demand in the country (Greater China) grew by around 24% in
2007, surpassing the US to become the world’s second largest market for gold
jewelry.

This report analyzes the gold industry of China in context of global industry. The
industry analysis has been done on the basis of the country’s economic stability,
gold reserves, production, consumption level, and future growth prospects. It
outlines the market trends, growth attractions, challenges and future prospects for
the industry. The forecast given in this research study is based on a correlation
between past market growth and growth of such base drivers as demand, production and
consumption.

Key Research Findings

- China is expected to increase its annual gold output by around 7% to nearly 300
Metric Tons this year, which would see it keep its number one position in 2008 as
well.
- Current gold consumption in the country is mainly centered in the low-end or
middle-level jewelry products for the purpose of fashion and decoration. But
changing allocation of financial assets will drive the growth of gold market in the
country.
- Jewelry demand in Mainland China reached 302 Tons in the year 2007, overtaking the
US and making China the world\'s second-largest retail jewelry market after India.
- Transformation in the gold industry of China is opening lucrative opportunities
for foreign players.

Key Issues & Facts Analyzed in the Report

- What is status of gold consumption by respective sectors globally?
- What is the production and consumption situation of gold in China as compared to
other countries?
- What are the potential growth areas and challenges for the gold industry in China?
- What are the prospects for the industry?

Key Players Analyzed in the Report

This section provides an overview of key facts of several national and international
players, like China National Gold Group Corp., Shandong Gold Mining Co. Ltd, Sino
Gold, and Golden China, operating in the country.

Research Methodology Used

Information Sources
Information in this report has been sourced from books, newspapers, trade journals,
and white papers, industry portals, government agencies, trade associations,
monitoring industry news and developments, and through access to more than 3000 paid
databases.

Analysis Methods
The analysis methods used to analyze the facts and figures in this report include
ratio analysis, historical trend analysis, linear regression analysis using software
tools, judgmental forecasting, and cause and effect analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM143.htm
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