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Review of the Current Policy Related to Exploration and Development of Mineral Resources in China
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  • Journal title : Economic and Environmental Geology
  • Volume 49, Issue 3,  2016, pp.201-212
  • Publisher : The Korean Society of Economic and Environmental Geology
  • DOI : 10.9719/EEG.2016.49.3.201
 Title & Authors
Review of the Current Policy Related to Exploration and Development of Mineral Resources in China
Kim, Seong-Yong; Bae, Jun-Hee; Lee, Jae-Wook; Heo, Chul-Ho;
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 Abstract
Due to growing problems securing stable mineral and energy resources with international political and economic changes, China has dedicated itself to strategies and policies to enhance its stable mineral and energy resources security. China has established a rare earth elements(REE) industry policy after the abolition of the REE exports quota system. China`s six large REE companies have also been integrated into REE mining, smelting and refining companies. Efforts have been increased to enhance China`s energy security through unconventional oil and gas exploration and development investment, as well as effort in R&D. The country will focus on technology development and exploration to promote commercial production of unconventional oil and gas based on countries with shale gas. China is making long-term contracts and joint ventures to ensure the acquisition of reliable mineral and energy resources from abroad. Government of China has proposed a range of initiatives, such as the integration of resources development strategies and environmental development strategies, internationalization of resource management, supply diversification and advancement, strengthening industry linking strategy, grouping and diversification strategy.
 Keywords
mineral and energy resources security;resources development strategies;internationalization of resource management;mineral resources in China;
 Language
Korean
 Cited by
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