China Mining Fiscal Landscape - Regulations, Governance and Sustainability (2023)

China Mining Fiscal Landscape - Regulations, Governance and Sustainability (2023)

Summary

GlobalData's China Mining Industry Fiscal Regime Analysis - Governing Bodies, Regulations, Licensing Fees, Taxes, Royalties, 2023 Update provides a comprehensive coverage on China's mining fiscal regime. The report provides country's overview with macroeconomic performance, corruption index and mineral overview. It also provides a comprehensive coverage on the country’s mining regulatory bodies, laws, rights, and obligations, as well as current and future tax-related proposals.

In China, the State Council holds the supreme power and administration rights. It manages China's internal politics, diplomacy, national defense, finance, economy, culture and education. The State Council consists of a premier, vice-premiers, state councilors and various ministers, as well as the auditor-general and secretary-general. The council implements policies, laws and regulations adopted by the government. It controls the ownership of minerals, and ensures the rational development and utilization of mineral resources.

The Ministry of Natural Resources is responsible for the management and regulation of natural resources in the country. It was formed in March 2018, and took over the responsibilities of the defunct Ministry of Land and Resources, State Oceanic Administration and State Bureau of Surveying and Mapping, along with some additional responsibilities. Simultaneously, the government also amended the Regulations on the Administration of Geological Data and terminated the Regulations on the Administration of Geological Exploration Qualification.

Scope

• The report outlines the governing bodies, governing laws, various mineral licenses and fees

Reasons to Buy

• Enhance your decision-making capability in a more rapid and time sensitive manner
• Find out China's governing bodies, major laws in the industry
• Identify various mineral licenses and fees
• To gain an overview of China's mining fiscal regime