Policies help the transformation of mining industry. The tax of green mines will be reduced by 15%


The construction of ecological civilization in the mining sector has hit a heavy blow. On May 10, a gold bearing document - Implementation Opinions on Accelerating the Construction of Green Mines (hereinafter referred to as Implementation Opinions) was put into practice. According to the requirements of this document, within the scope of relevant provisions, enterprises that continue to carry out research and development of green mine construction technology and transform their achievements, if they meet the conditions and are recognized as high-tech enterprises, can be subject to the enterprise income tax at a reduced rate of 15% according to law.
In addition, the document also encourages social capital to establish various green mining industry funds to provide financial support for green mine projects. The document also proposed to promote qualified green mining enterprises to be listed on the domestic SME board, the GEM and the main board, as well as to be listed on the "New Third Board" and the regional equity market for financing.
The reporter learned that at 10 a.m. on May 10, the Ministry of Land and Resources held a symposium on promoting the construction of green mines, with relevant leaders from the Ministry of Finance, the Ministry of Environmental Protection, the AQSIQ, the CBRC, the CSRC and representatives of some large mining enterprises attending. At the same time, the Implementation Opinions were implemented. It can be said that the fundamental purpose of this document is to strengthen the construction of ecological civilization in the mining field and accelerate the transformation and green development of mining.
The document came straight to the point, proposing to build a working mechanism of departmental coordination and four levels of joint innovation, increase policy support, accelerate the process of green mine construction, and strive to form a new mining development model that meets the requirements of ecological civilization construction by 2020.
In addition, the document proposes to basically form a new pattern of green mine construction. That is, all the new mines meet the requirements of green mine construction, and the production mines accelerate the transformation and upgrading to gradually meet the requirements. We will set up a model of thousands of green mines guided by science and technology and driven by innovation, implement hundreds of green exploration project demonstrations, build more than 50 green mining development demonstration areas, and form a number of new models, mechanisms, and systems that can be replicated and promoted.
The most valuable content of the document is to increase policy support and accelerate the construction process.
This includes the implementation of mineral resources support policies. If the mining indicators and mining rights of minerals subject to total quantity control conform to the national industrial policy, priority shall be given to green mines and green mining development demonstration areas. Mining rights that meet the conditions of agreement transfer are allowed to be transferred to green mining enterprises with compensation in the form of agreement.
Furthermore, we will increase fiscal and tax policy support. Within the scope of New and High Technology Fields Supported by the State, enterprises that continue to carry out research and development of green mine construction technology and transform their achievements, if they meet the conditions and are recognized as new and high technology enterprises, can be taxed at a reduced rate of 15% according to law.
Innovating green financial support policies is also the gold content of the document.
The document proposes to encourage banking financial institutions to research and develop green mine featured credit products that conform to the actual situation of the region, and increase financial support for green mine enterprises in environmental recovery and treatment, heavy metal pollution prevention, resource recycling and other aspects, on the premise of strengthening the environmental, health, safety and social risk assessment and management of investment projects in the mining sector.
For green mining enterprises that have a sound environment, health, safety and social risk management system, timely information disclosure, good interaction with stakeholders, purchased environmental pollution liability insurance, and have competitive, marketable and efficient products, financial institutions are encouraged to actively provide financial services and financing support.
Support government guarantee institutions to explore the establishment of a structured green mining guarantee fund to provide credit enhancement services for green mining enterprises and projects. Encourage social capital to establish various green mining industry funds to provide financial support for green mine projects. And promote qualified green mining enterprises to be listed on the domestic SME board, the GEM and the main board, as well as to be listed on the "New Third Board" and the regional equity market for financing.