Shandong Province 山东省
Shandong Province [File Photo]
Rank 2011: 1; Rank 2010: 1
Production 2011: 100.04 tons
Increase over 2010: 2.51 percent
Shandong Province has remained the top gold producer in China for 37 consecutive years. In 2011, Shandong produced 100.04 tons of gold, accounting for 27.71 percent of the national total output. It's the first Chinese provincial region to have gold output of more than 100 tons, which is 55.53 tons more than that of Henan, the second largest producer in the country. Shandong's Jiaodong Peninsular possesses a quarter of the gold reserves of the country, with more than 90 percent concentrated in Zhaoyuan and Laizhou areas. In 2011, Zhaoyuan city, known as the "gold capital" of China, alone produced 28.32 tons of gold, up 10.66 percent. Zhaoyuan, Laizhou, and Penglai cities were ranked 1st, 3rd and 7th, respectively, among the top 10 gold-producing counties and county-level cities in China in 2011. Shandong gained 11.05 billion yuan (US$1.75 billion) in profits from gold in 2011, a 21.63 percent increase.