The central bank has been increasing its gold holdings for six consecutive months, and Jones Lang LaSalle predicts that there is still room for further increases in the future.
The central bank has increased its holdings of gold for six consecutive months. Pang Ming, Chief Economist and Director of Research at JLL Greater China, told reporters that the proportion of gold reserves in China's reserve assets is still relatively low. The total amount of gold reserves is still not proportional to the size of the Chinese economy and the total foreign exchange reserves. Considering the need for financial security, asset diversification, and other factors, there is still room for further increase in gold holdings in the future.
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