
BEIJING, Oct. 27 (Xinhua) -- China produced 262.93 tonnes of gold in the first nine months of this year, a decrease of 12.42 tonnes or 4.51 percent compared to the same period of last year, industry data showed Tuesday.
Gold consumption plunged 28.66 percent year on year to 548.09 tonnes during the first three quarters, according to data released by the China Gold Association (CGA).
Consumption of gold jewelry in the Chinese market stood at 343.08 tonnes in the January-September period, diving 34.43 percent year on year, CGA data showed.
During the same period, consumption of gold coins and bars shrank 14.07 percent year on year to 142.52 tonnes, while consumption of gold for industrial and other use slumped 21.11 percent from a year earlier to 62.49 tonnes.
Led by a stable recovery of the domestic economy and rapid revival of the wedding market, gold consumption in China has recently shot up. In Q3 alone, consumption of the yellow metal in the country witnessed a quarter-on-quarter growth of 28.71 percent.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses