The brewing China's resource-based product price reform has finally made new progress. On December 24, the General Office of the State Council issued the "Several Opinions on Promoting the Sustainable Development of Resource-based Cities", which for the first time clarified that the cost of resource-based products consists of seven charges. This has led to the emergence of price formation mechanisms for oil, gas, coal, and other resource-based products.
The "Opinions" require scientifically formulating financial accounting methods for the cost of resource-based products, and include the expenses for acquisition of mining rights, exploitation of resources, environmental governance, ecological restoration, investment in safety facilities, infrastructure construction, and enterprises' exit and conversion into resource-based products. Cost structure.
The Opinion also requires the establishment of a resource development compensation mechanism and a recession industry assistance mechanism. Guide and regulate various types of market entities to rationally develop resources and assume responsibility and obligations for resource compensation, ecological environmental protection, and restoration. According to the principle of “who develops, who protects, who benefits, who compensates, who pollutes, who govern, who destroys, and who fixesâ€, it is clear that the enterprise is the responsible subject of resource compensation, ecological environment protection and restoration. Resource-based cities should plan in an integrated manner, accelerate the adjustment of industrial structure, optimize and upgrade, vigorously develop alternative industries, and ensure the smooth exit of resource-exhausted enterprises and social stability.
In addition, the "Opinions" propose that in the oil and gas exploration and processing, coal mining and conversion and other mining and processing enterprises, vigorously promote clean production technology and actively develop circular economy. For enterprises and projects that meet the requirements of circular economy, the people's governments at various levels may give certain investment subsidies and preferential policies to support them.
The "Opinions" require scientifically formulating financial accounting methods for the cost of resource-based products, and include the expenses for acquisition of mining rights, exploitation of resources, environmental governance, ecological restoration, investment in safety facilities, infrastructure construction, and enterprises' exit and conversion into resource-based products. Cost structure.
The Opinion also requires the establishment of a resource development compensation mechanism and a recession industry assistance mechanism. Guide and regulate various types of market entities to rationally develop resources and assume responsibility and obligations for resource compensation, ecological environmental protection, and restoration. According to the principle of “who develops, who protects, who benefits, who compensates, who pollutes, who govern, who destroys, and who fixesâ€, it is clear that the enterprise is the responsible subject of resource compensation, ecological environment protection and restoration. Resource-based cities should plan in an integrated manner, accelerate the adjustment of industrial structure, optimize and upgrade, vigorously develop alternative industries, and ensure the smooth exit of resource-exhausted enterprises and social stability.
In addition, the "Opinions" propose that in the oil and gas exploration and processing, coal mining and conversion and other mining and processing enterprises, vigorously promote clean production technology and actively develop circular economy. For enterprises and projects that meet the requirements of circular economy, the people's governments at various levels may give certain investment subsidies and preferential policies to support them.
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