Security Evaluation Of China's Strategic Mineral Resources On PSR Conceptual Model

At present, China has begun to enter the late industrialization stage,while mineral resources plays an important role in the promotion of the industrialization process. In the accelerated process of industrialization and urbanization, with the industrialization and accelerated urbanization, China's in the great demand for strategic mineral resources, but the long-term uncontrolled exploitation made the situation more severe. If there is no significant change in development and utilization of mineral resources or in management, the crisis will surely become a bottleneck of China's economic development, and a direct threat to our economic security and social stability.Based on the concept of PSR model, this paper analyzes the current situation and predicts the future trends of strategic mineral resources by econometrics methods, then reveals the complex relationship between strategic mineral resources and economic growth based on the research of security implications factors, proposes corresponding strategies of mineral conservation, provides the scientific basis for sustainable development and allocation of mineral resources. The main conclusions are as follows:(1) Based on the calculation of mineral resources relative scarcity index and the gray GM (1, 1) model which forecasts supply and demand of mineral resources, this paper points out that our country is facing the full shortage of the resources, and in the key strategic mineral resources, only the protection level of rare earth is higher, and the relative scarcity of oil, nickel and potash are the most serious.(2) Some strategic mineral resources with great demand are on the lower level of domestic protection but higher level of import dependence. A small number of strategic mineral resources with relative advantage fall into the cycle of cheap selling but expensive buying, without the power to affect world mineral resources market. The strategic reserves of mineral resources are still in its infancy, hardly to pass the pressure tests.(3) With the deepening of industrialization, the reasonable management system should be established to adjust and protect the sustainable development of strategic mineral resources, especially by increasing efforts of government regulation in reserve, utilization and protection, ultimately to achieve the sound and rapid development.