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China is seeking to relax gold import and export licensing rules as the world's largest consumer of the precious metal.

China is seeking to relax gold import and export licensing rules as the world's largest consumer of the precious metal.

Continues to diversify its reserves, reducing the share of US dollars:

According to a draft proposal from the People's Bank of China, the country plans to expand the use of "multiple permits" — an accelerated approval system — by increasing the number of ports that can accept them. The central bank also plans to extend their validity period to nine months and remove restrictions on the number of uses of each permit.

The latest development is a continuation of the NBK's 2016 initiative to simplify cross-border gold trading procedures by reducing paperwork and speeding up импорта

Https://www.bloomberg.com/news/articles/2025-09-12/china-proposes-rule-changes-to-ease-gold-imports-and-exports

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