Amadeusz Juskowiak

Chinas heilongjiang province boosts gold output

Gold output in the northeast China province of Heilongjiang rose 227 pct in 1986 from 1985s level the New China News Agency said It gave no figures

It said the province Chinas second largest gold producer after Shandong plans to double gold output by 1990 from the 1986 level China does not publish gold production figures

However industry sources estimate output at about 65 tonnes a year with exports put between 11 and 31 tonnes

China is selling more gold abroad to offset large trade deficits in recent years western diplomats said

REUTER