Gold is a special commodity and currency, also a strategic ore. China is the largest gold producer and consumer with proven gold reserve ranking the front in the world. This paper analyzes China's situation in gold resource industry from gold reserve, distribution, production, consumption, recently geological discoveries, mining and processing technology and markets, summaries the achievements, and presents issues restricting China's sustainable development in gold industry, poor resource occurrences, low level in using resources, irrational industrial structure, operating difficult due to a falling gold price, and insufficient resource guarantee. Aiming at the statedabove questions, this paper also presents suggestions in boosting geological exploration to increase resource guarantee, intensifying technical innovation to raise the resource use level, fastening industrial structure adjustment to reform the conventional industry, enhancing “one belt, one road” construction to exalt international cooperation.