In an exclusive interview with China Daily, David Tait, CEO of the World Gold Council said the Chinese gold market, which is evolving from a follower to a leader, is expected to play a bigger role globally in the years to come.

Tait said China's incredible achievements highlight the country's crucial role and influence in shaping the future of the global gold industry. China has an influence that, in his opinion, should extend beyond its borders.

For over 10 consecutive years, China has been the world's largest gold consumer. And for an impressive 15 consecutive years, it has been the world's largest gold producer.