Shanghai International Gold Exchange Established in China (Shanghai) Pilot Free Trade Zone
China (Shanghai) Pilot Free Trade Zone official site,19 June 2014
On 16 June 2014, Shanghai International Gold Exchange Co was established in the China (Shanghai) Pilot Free Trade Zone upon the approval by the Shanghai Administration for Industry & Commerce. Following the establishment of the Shanghai International Energy Exchange last year, the International Gold Exchange is the second financial trading platform of its kind that have been approved by the administration. As a major component of the financial market in the Free Trade Zone, the International Gold Exchange will raise China’s global influence over gold trading.