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The opening up of China mining industry
The opening up of China mining industry

China will continue to adhere to the strategy of opening up of the mining industry.

On March 6, China Mining Investment Forum held in Toronto, Canada. In his speech, Vice Minister of Land and Resources Wang Min pointed out that China will continue to adhere to the strategy of opening up of the mining industry.

Wang pointed out that China, opening up is China's unswerving basic national policy. In order to deepen the mutually beneficial cooperation of the international mining industry, the Chinese Ministry of Land and Resources is to develop support for the field of geology and mineral resources, opening up a number of observations, continue to encourage foreign investment in China mineral resources exploration and development, deepen cooperation in mineral resources exploration, development, processing, all-round cooperation in the field of trade, technology, management. At present, China has more than 60 countries and regions to carry out cooperation in mineral resources prospecting and exploitation, there are more than 20 countries and regions, hundreds of mining companies in China to carry out exploration and exploitation of mineral resources, involving minerals, including oil, natural gas, coal, copper, lead, zinc, gold, iron, about more than 400 exploration and development projects. Mining enterprises and offices established by foreign investors in China, nearly 600 of nearly 800 investment in exploration and mining rights. At the same time, China also actively explore overseas mineral resources exploration and exploitation of cooperation, and requested the Chinese enterprises to pay more attention to cooperation in environmental protection, more attention to the interests and economic development of the resource location of

Wang stressed that China, China will focus more on improving the investment environment, focusing on protecting the legitimate rights and interests of investors. In the past year, the Chinese government has adopted a series of initiatives, including strategic investors to encourage foreign enterprises to become China's listed companies in China's capital market financing to encourage transnational corporations to set up regional headquarters in China, R & D centers, procurement centers, financial management , the settlement center, costs and profits proliferation center, to encourage foreign investment by way of mergers and acquisitions, equity participation in the restructuring of Chinese enterprises, transformation, merger, reorganization. The same time, actively support qualified Chinese companies listed abroad, expanding financing channels. The end of 2011, Chinese companies listed overseas, including major mining companies, including more than 100.

Wang Min, the proposal, plus the two sides in the future in common to create a good environment, improve two-way investment level; grasp development opportunities, consolidate and strengthen the China International Mining Conference, the PDAC, the Canadian mining investment forum such as Canada mining co-operation platform, strengthen the mineral resources cooperation of the dialogue mechanism .

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