China will build coal sustainable development fund

    At the high-level forum on "Safety Development" recently held, Li Yizhong, head of the State Administration of Work Safety, said that at present, the country is stepping up efforts to reform the taxation of mineral resources, and trying to use the resources that are tied to the reserves and the rate of recovery to be paid for. Methods to increase resource utilization.

    Li Yizhong said that countries around the world are charging higher resource taxes for minerals and other non-renewable resources, and linking tax rates with recoverable reserves or values, recovery rates, and mining risks, and raising the barriers to entry for the mining industry. Compared with foreign countries, at present, China's mineral resources tax collection rate is too low, not only caused damage to national interests, but also led to industry entry barriers are too low, indiscriminate exploitation, serious waste of resources and damage, security incidents. At present, China is paying close attention to the reform of taxes and fees on mineral resources. It is an important strategy for the permanent cure to implement the paid use of resources linked to reserves as a base and to the recovery rate.

    At the same time, China is studying the establishment of a coal sustainable development fund system. To extract some of the funds from coal production costs, including the collection of coal sustainable development funds, the government can solve the problems that cannot be solved by the enterprises; extract mining environmental governance restoration funds and coal mine conversion funds, which are used by enterprises for personal use. In this way, the cost of coal includes resources, safety, environmental protection, and the cost of converting production, prompting the rationalization of costs and restraining the profits of small coal mines.

    It is understood that the State Council has recently approved Shanxi Province to carry out trials to implement reform measures for the sustainable development of the coal industry. It is necessary to actively promote and gain experience.

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