2007Natural Resource Economics of ChinaRequires access

Some Suggestions on Improving Commercial Prospecting Mechanism of Mineral Resources in China

Zhang Zhao-zhi

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Abstract

In the commercial prospecting of mineral resources in China exist next problems: the government investment in the commercial prospecting is unable to promote commercial investment,the total scale of the investment is small,the market system and regulations have some shortcomings.The paper puts forward four suggestions on improving prospecting mechanism.The first,the government role and position should be identified.The second,the market main bodies should be fostered vigorously and geological and prospecting enterprises should play main role.The third,capital market should be developed strenuously and all sorts of social capitals should be attracted for commercial prospecting.The forth,the industry management of geological prospecting should be reinforced in order to make it develops better.

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In the commercial prospecting of mineral resources in China exist next problems: the government investment in the commercial prospecting is unable to promote commercial investment,the total scale of the investment is small,the market system and regulations have some shortcomings.The paper puts forward four suggestions on improving prospecting mechanism.The first,the government role and position should be identified.The second,the market main bodies should be fostered vigorously and geological and prospecting enterprises should play main role.The third,capital market should be developed strenuously and all sorts of social capitals should be attracted for commercial prospecting.The forth,the industry management of geological prospecting should be reinforced in order to make it develops better.

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Available abstract

In the commercial prospecting of mineral resources in China exist next problems: the government investment in the commercial prospecting is unable to promote commercial investment,the total scale of the investment is small,the market system and regulations have some shortcomings.The paper puts forward four suggestions on improving prospecting mechanism.The first,the government role and position should be identified.The second,the market main bodies should be fostered vigorously and geological and prospecting enterprises should play main role.The third,capital market should be developed strenuously and all sorts of social capitals should be attracted for commercial prospecting.The forth,the industry management of geological prospecting should be reinforced in order to make it develops better.

Key concepts: Prospecting, Investment (military), Business, Government (linguistics), China, Mechanism (biology), Order (exchange), Natural resource economics

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