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46890 2010 年 08 月 30 日 11:00 Reading (loading. ..) Comments (0) Category: Personal Diary
Six departments jointly issued a document: Specification for the gold market speculation is prohibited underground gold
BEIJING, Aug. 3
Xinhua News People's Bank of China, the People's Bank of China Development and Reform Commission, Ministry of Industry, Ministry of Finance,
burberry handbags, State Administration of Taxation, the Commission jointly issued advice to facilitate the gold (1188.40,3.00 , 0.25%) market.
Development and Reform Commission People's Bank of China Information Industry and Ministry of Finance
Commission on Taxation to promote the development of the gold market, a number of observations
silver 〔2010〕 211
The People's Bank of China headquarters in Shanghai
; all branches and business management departments; provincial (capital) city center branch, the sub-provincial city center branch; the provinces, autonomous regions, municipalities, separately listed cities Development and Reform Commission, industry and information of the department, finance departments (bureaus), state taxation, securities regulatory bureaus; Shanghai Gold Exchange, Shanghai Futures Exchange; States commercial banks, joint-stock commercial banks:
to promote the healthy development of the gold market, further improve the financial market system, to play the gold market, the gold industry in promoting the important role, is to make the following comments:
a full understanding of the gold market to promote the healthy development of the importance of
gold market is an important part of the financial markets. Both financial and commodity gold two properties, to develop the gold market is conducive to play gold is different from the unique role of other financial assets, the formation of complementary coordination with other financial markets development of the situation, further improve China's financial markets, increase financial market depth and breadth, and deepen the financial market functions and improving the competitiveness of financial markets and respond to crises, maintain financial stability and security.
gold industry, helps improve the competitiveness of China's gold industry is also conducive to promote the development of other mineral resources. Since reform and opening, steady development of China's gold industry, the formation of a gold exploration, mining, dressing and smelting, trading, investment, processing and retail a complete industrial chain, gold production capacity, processing capacity and consumption continues to increase. Featured the gold market to meet the financing needs of industry and the need to avoid risks, reduce production costs, to provide market information, help enterprises to develop a reasonable production and operation plans, and promote industrial restructuring and upgrading, improving industrial competitiveness.
consumption of residents and the cultural tradition of investing in gold, along with healthy and rapid development of the national economy and people's living standards improve, the residents of gold jewelry, gold coins and investment demand for gold grew steadily. A rich variety of the gold market will help widen the investment channels to meet diverse investment needs of investors, the rational allocation of assets to help investors and improve the investment income to ensure the safety of assets.
Second, to further clarify the development of the gold market orientation
monopoly purchase and allocation policy after the abolition of the rapid development of China's gold market, the initial formation of the Shanghai Gold Exchange Gold business, commercial banking business and the Shanghai Futures Exchange, gold futures gold and common development in the market, forming a synergy with the gold industry the development of a good situation. The future development of the gold market, to serve the overall development of China's gold industry, based on improving the competitiveness of our financial markets, efforts to play the gold market in improving the important role of financial markets. To increase communication and coordination efforts, the establishment of the Shanghai Gold Exchange and Shanghai Futures Exchange, cooperation and coordination mechanisms. To effectively increase innovation, and actively develop the gold derivatives quoted in RMB, rich variety of transactions and improve the gold market system, and further deepen the market functions and improving the normative and open markets, promote the formation of multi-level marketing system.
Shanghai Gold Exchange as soon as possible a clear direction for future development and market positioning, to improve and strengthen the service system, improve the system to protect the market worked well. To the market demand to develop new products, rich trading varieties. By laws and regulations and the need to adjust the membership structure of the market, and expand participation in the main range. Members to seriously listen to the views and suggestions, really good job of members of the relevant services. To strengthen and improve trading, gold and financial settlement, qualified certified gold bullion, gold storage and transportation services. To further study the gold industry and domestic and international developments and changes in the gold market rules, and play the Shanghai Gold Exchange in the promotion of industrial development, improve the system in the gold market an important role.
Shanghai Futures Exchange, the futures market to take advantage of price discovery and risk management capabilities, and continuously strengthen the institutional infrastructure for the market, and steadily promote the health of China's gold market, the development of risk management. Market functions to play around, and constantly improve the gold futures contracts and business rules, so deep and meticulous gold futures to enhance the capacity of national economic development services. To continuously improve the ability to control market risks, enhance self-management members, effectively prevent and resolve market risk. Optimized structure of the gold market investors. Support for enterprises to actively participate in and use of gold futures market to hedge, and actively guide the use of gold futures financial institutions manage risk.
commercial banks should focus on gold mining, production, processing and marketing of the whole industry chain, effective innovative financial products and strive to improve financial services in an effort to improve service effectiveness, the gold industry to provide multi-faceted financial services. Combination of industry and market development needs, increase product innovation, to carry out physical gold sales, gold leasing, gold and gold options, long-term business,
designer handbags, rich market varieties to meet demand and avoid the risk of corporate finance needs. Encourage and guide commercial banks to conduct RMB quoted gold derivatives. Guide more financial institutions to participate in the gold market, and expand the breadth and depth of the gold market.
Third, strengthen the gold market service system
strengthen the gold market system construction. Shanghai Gold Exchange to further strengthen the trading system development, increase innovation, improve the gold market system. Enrich the market trading patterns, the introduction of market maker system and improve the liquidity of the gold market. To speed up the disaster recovery system construction, improve the backup system. To further improve the financial management system to ensure the safety of customer funds.
perfect the gold market standards identified system. Combined with the development of China's gold industry and market practice, drawing on international experience in the major gold markets and further improve the application of the gold bullion market qualified, identification, identification and inspection systems to improve China's gold market, the impact of identified system, promote the establishment of standards for certification of China's gold market system. Considering the national resource strategy, combined with the gold industry, and rationally determine the eligible gold bars gold bullion storage business.
improve the storage and transportation system of the gold market. Considering the actual production and consumption of gold and the gold market and other factors, the rational distribution of gold delivery library. And consider commercial banks and members of the operating costs, reasonable costs set out of storage and warehousing costs. Perfect gold transport service system, providing the market with fast low-cost transport services.
improve the gold market clearing service system. According to the gold market development needs, strengthen the gold account services system,
paul smith uk, providing the market with a more convenient physical gold accounts and gold clearing services, clearing services to further improve the system of physical gold. Drawing on international experience, research to promote a variety of gold account services. Improve the gold market fund clearing services.
Fourth, improve the gold market laws and regulations and related policy support system
system of laws and regulations to speed up construction of the gold market. Promote the introduction of a Formulated their products Import and Export of gold. Strengthen the management of financial institutions in the gold business, guide and promote the steady financial institutions to regulate the development of the gold business.
implementation of tax policies related to the gold market. Gold on the Shanghai Gold Exchange and Shanghai Futures Exchange to continue under the existing tax policy provisions. Promote the improvement of investment and commercial banking gold gold business tax policy.
study the expansion of physical gold market,
mulberry handbags, the supply channels. With the actual development of China's gold market, according to market demand conditions, and expand import and export volume of gold qualified commercial banks to promote market innovation, improve market liquidity. On the basis of market principles in the further development of the gold leasing market.
really good job in the gold market financing services. Plans that meet the gold industry and industrial policy requirements of large enterprises,
paul smith sale, commercial banks in accordance with the principle of expanding the credit line of credit. Gold Group to focus on supporting large-scale development and implementation of Support large enterprise groups to issue corporate bonds, corporate bonds, medium-term notes and short-term financing bonds, broadening financing channels for enterprises, and reduce financing costs. Issued for the acquisition of qualified loans to businesses, promoting industry consolidation to achieve intensive operations. With gold-processing companies and retail business industry characteristics, production and processing cycle, the formation of working capital from the sale of goods and a series of loans to the financial services system. Through accounts receivable and inventory pledged collateral, etc., innovative credit products and improve services. Encourage financial institutions to carry out the gold pledge financing services. Gold processing enterprises and retail credit problems encountered by enterprises, banks in conjunction with the actual situation, careful study, to propose specific solutions.
improve the foreign exchange policy. Further improve the current gold market currency management policy. To encourage and guide commercial banks to conduct RMB quoted gold derivatives, combined with construction of the Shanghai Gold Exchange inquiry system, allowing the yuan to carry out the gold derivatives quoted commercial banks, in the absence of genuine trade background, outside the territory of the gold hedge trading positions, and to study the gold will be carried out transactions involving derivatives in RMB exchange rate exposure position into comprehensive settlement and sale position for the feasibility of reinforcing the territory.
promote the gold market opening. Shanghai Gold Exchange has steadily increased the number of foreign class members. Research-driven to allow qualified foreign suppliers to the Shanghai Gold Exchange, gold bullion to provide qualified gold ingots. Research institutions to promote foreign participation in the Shanghai Gold Exchange trading.
five, effectively preventing the gold market risk
increase the gold market supervision. All relevant departments should earnestly perform their supervision duties related to the gold market, increase communication and coordination efforts to form a concerted effort to effectively safeguard the interests of market players and promote the coordinated development of market regulation.
commercial banks should increase risk control efforts. To develop relevant business plans, to ensure compliance business. To strengthen the related systems development, ensuring the safety of transactions. According to the characteristics and risk characteristics of various business and take appropriate measures to prevent risks.
intermediaries to strengthen self-regulation. Shanghai Gold Exchange and Shanghai Futures Exchange to combine product lines and system construction, etc., improve the trading, settlement, clearing and gold account services, and ensure that the security services. Regulate members, safeguarding market order. According to changing market conditions, timely response measures to guard against market risks.
six, to effectively protect the interests of investors
take many forms,
handbags online cheap, and effectively enhance investor education, training mature gold market investment groups. Increase the training of employees in the gold market, improve the quality of employees. Strengthen the gold market risk education to improve awareness of the risk of market participants. Safeguard the interests of investors from the market players and maintain the healthy development of the gold market, the overall situation, identify problems and timely reporting. Regulate the gold market participants behavior, non-fried golden in underground activities. Involved in underground activities, market players speculate in gold, the relevant departments should be severely punished, and related information into the credit system.
Development and Reform Commission People's Bank of China Ministry of Information Industry Ministry of Finance, State Administration of Taxation Commission
July 22, 2021