State policies on minerals

1. The State adopts mineral strategies and master plans to assure socio-economic sustainable development, national defense and security in each period.

2. The State assures that minerals will be protected, exploited and utilized in a rational, economical and effective manner.

3. The State invests in and conducts geological baseline surveys of minerals under mineral strategies and master plans; carries out human resource training and development, scientific research and technological application and development in geological baseline surveys of minerals and mineral activities.

4. The State encourages organizations and individuals to invest and cooperate with state-owned geological organizations in conducting geological baseline surveys of minerals.

5. The State invests in the exploration and mining of some kinds of important minerals to serve socio-economic development, national defense and security.

6. The State promotes investment projects on mineral mining associated with the processing and utilization of minerals to manufacture metal, alloy or other products of high value and socio-economic effectiveness.

7. The State adopts policies on the export of minerals in each period in accordance with sustainable socio-economic development objectives and on the principle of prioritizing raw materials for domestic production.

See a reference translation at http://www.epronews.com/en-US/Document/Details.aspx?ID=282