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China Drying Newsletter China's 13 gold mining companies, 4 universities and 8 scientific research and design institutes established the "Golden Industry Technology Innovation Strategic Alliance" in Beijing on the 10th, aiming at the integration of production, learning, research and development. High-efficiency mechanisms, sharing platforms for different resources within the built-up areas, achievement transformation platforms, technical service platforms, and R&D platforms have helped push the gold industry to a higher level.

According to the President of the China Gold Association, Chairman of the Gold Industry Technology Innovation Strategic Alliance, and Sun Zhaoxue, General Manager of China National Gold Group Corporation, the Chinese gold industry is currently facing major opportunities and challenges: The output has been steadily increasing, and it has been the world’s first production for five consecutive years. The status of Golden State has seen initial success in industrial transformation and achieved a leap-forward development in the entire industrial chain of exploration, mining, processing, consumption and investment transactions. Moreover, the expected increase in gold reserves and the firm gold price will also be a strong support for the development of the industry.

It is reported that the first group of alliance members and sponsors of the “Golden Industry Technology Innovation Strategic Alliance” include China National Gold Group Corporation, Zijin Mining Group Co., Ltd., Shandong Zhaojin Group Co., Ltd., Lingbao Gold Corporation, Beijing Mining and Metallurgy Research. General Hospital, Beijing Nonferrous Metal Research Institute, Changchun Gold Research Institute, Central South University, Northeastern University, Beijing University of Science and Technology, etc. China National Gold Group Corporation is the chairman of the Union.

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