China's silver reserves rank in the top five in the world. It has the largest silver mine in Asia, but its resource endowments are poor. Currently, China's silver supply mainly comes from mining and recycling. In 2024, China's silver mining output was 3,426 tons, and the recycling volume was 1,233 tons. Due to increased demand, the import gap needed to be filled. The total consumption of silver in that year was 9428 tons, and industrial demand accounted for 8,567 tons, of which the electrical and electronics sector reached 6577 tons. Since this year, the price of silver has risen markedly. The price of COMEX silver on the New York Mercantile Exchange hit 53.765 US dollars per ounce on October 17, a cumulative increase of more than 70% over January 2 this year. (CCTV Finance)

China's silver reserves rank in the top five in the world. It has the largest silver mine in Asia, but its resource endowments are poor. Currently, China's silver supply mainly comes from mining and recycling. In 2024, China's silver mining output was 3,426 tons, and the recycling volume was 1,233 tons. Due to increased demand, the import gap needed to be filled. The total consumption of silver in that year was 9428 tons, and industrial demand accounted for 8,567 tons, of which the electrical and electronics sector reached 6577 tons. Since this year, the price of silver has risen markedly. The price of COMEX silver on the New York Mercantile Exchange hit 53.765 US dollars per ounce on October 17, a cumulative increase of more than 70% over January 2 this year. (CCTV Finance)