China reduces paperwork for gold exporters
By GCRU Gold News on Sunday, June 7 2020, 23:55 - Permalink
China’s central bank and customs authority said on Tuesday they would simplify procedures for companies exporting gold, following a slump in domestic demand for the metal.
Companies applying to export gold no longer need to submit physical gold inventory certificates approved by the State Council, China’s cabinet, or gold production capacity certificates, the central bank said.