But the nature belongs to the enterprise reserve.

by g90pi9m78d on 2012-02-17 14:40:40

Recently, the Ministry of Finance and the State Administration of Taxation issued a notice to decide that from April 1, the tax standard of resource tax for rare earth ore will be uniformly increased by 10 times. Reporters of "China Business News" learned from authoritative people that the country would invest a huge amount of money continuously and progressively for rare earth reserves. From 2007 when relevant persons in charge of the National Development and Reform Commission and the Ministry of Land and Resources proposed "to establish national rare earth reserve system timely" at the "Rare Earth Production Plan Work Conference" of that year, it has passed four years until now. With the changes of market, the role and necessity of reserve have been corrected and debated continuously. The national reserve has always been regarded as an important measure to keep the price of rare earth stable, but reporters learned that due to the continuous rise of rare earth prices and the low technical level of domestic rare earth application enterprises, domestic application enterprises are unable to obtain R & D opportunities by using the advantage of resources, which makes the original intention of the country's resources for technology fail. And the introduction of this rare earth reserve policy will cause more intense games between the state and enterprises, the central government and local governments.