SETC requires domestic gold companies to use standardized measurement units.

China Business News | November 11, 2002 | Copyright

SETC requires domestic gold companies to use standardized measurement units

Shanghai. November 11. INTERFAX-CHINA - Domestic companies operating in the gold industry are required to adopt standardized measurement units of gold, according to information Interfax obtained Monday from the Gold Administration Bureau under the State Economic and Trade Commission (SETC).

According to a circular the bureau recently released, domestic gold companies should adopt kilogram and ton as weight units for gold to replace the "xiaoliang", a traditional weight unit only ...

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