Summary
GlobalData's “China's Mining Fiscal Regime 2019” report outlines the governing bodies, governing laws, mining licensing, taxes and royalties in China's mining sector.
In China, the State Council holds supreme power and administration rights. It manages China's internal politics, diplomacy, national defense, finance, economy, culture, and education. 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. Simultaneously, the government also amended the Regulations on the Administration of Geological Data and terminated the Regulations on the Administration of Geological Exploration Qualification. The country’s mining industry abides by the Mineral Resources Law, which promotes the exploration, development, utilization, and protection of mineral resources in the country.
Scope
- The report outlines the governing bodies, governing laws, various mineral licenses, taxes and royalties.
Reasons to buy
- Obtain up-to-date information on mining sector taxes and payments
- Conduct analysis to mitigate the impact of regulatory changes
- Understand the regulatory framework
- Gain an overview of the mining industry structure by identifying China's mining governing bodies, major laws and licenses
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Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Executive Summary
3 China’s Mining Fiscal Regime: Country Overview
3.1 Macroeconomic Performance
3.2 Ease of Doing Business
3.3 Corruption Index
3.4 Minerals Overview
4 China’s Mining Fiscal Regime: Governing Bodies
4.1 State Council
4.1.1 Ministry of Natural Resources (MNR)
4.1.2 National Development and Reform Commission (NDRC)
4.1.3 Ministry of Ecology and Environment
4.1.4 China Geological Survey
5 China’s Mining Fiscal Regime: Laws, Regulations, Rights, and Obligations
5.1 Mineral Resources Law
5.2 Mining License
5.2.1 Mining Fees Exemption
5.2.2 Mining License Validity
5.2.3 Areas Forbidden for Mining
5.3 Regulations on Administration of Geological Data
5.4 Coal Law
5.4.1 Establishment of a Coal Mining Enterprise
5.5 Law on Safety in Mines
5.6 Environmental Protection Law
5.7 Energy Conservation Law
5.8 Exploration and Mining Rights
5.9 Obligations
6 China’s Mining Fiscal Regime: Taxes and Payments
6.1 Resource Tax
6.2 Environmental Protection Tax
6.3 Consumption Tax
6.4 Value-Added Tax (VAT)
6.5 Land Appreciation Tax
6.6 Corporate Income Tax
6.7 Commodity Export Tax
6.8 Withholding Tax
7 Appendix
7.1 Abbreviations
7.2 Methodology
7.2.1 Coverage
7.2.2 Secondary Research
7.3 Contact Us
7.4 Disclaimer
List of Tables
Table 1: China’s Mining Fiscal Regime - Ease of Doing Business, Global Ranking, 2018-2019
Table 2: China’s Mining Fiscal Regime - Resource Tax Rates, 2019
Table 3: China’s Mining Fiscal Regime - Environmental Protection Tax Calculation, 2019
Table 4: China’s Mining Fiscal Regime - Value Added Tax, 2019
Table 5: China’s Mining Fiscal Regime - Land Appreciation Tax, 2019
Table 6: China’s Mining Fiscal Regime - Commodity Export Tax, 2019
List of Figures
Figure 1: China’s Mining Fiscal Regime - Country Overview, 2018
Figure 2: China’s Mining Fiscal Regime - Nominal GDP (US$ Billion) and Real GDP Growth Rate (%), 2001-2018
Figure 3: China’s Mining Fiscal Regime - Mineral Exports and FDI in Mining, 2015-2017
Figure 4: China’s Mining Fiscal Regime - Ease of Doing Business in China, Global Ranking, 2018-2019
Figure 5: China’s Mining Fiscal Regime - Corruption Perception Index Rank, 2014-2018
Figure 6: China’s Mining Fiscal Regime - EoDB and CPI Ranking
Figure 7: China’s Mining Fiscal Regime - Minerals Production Trend, 2011-2018
Figure 8: China’s Mining Fiscal Regime - Mines/Projects by Commodity and Stage, 2019
