Font Size: a A A

Study On Constructing Model & Trading Mechanism Of Mining Right Secondary Market

Posted on:2009-10-09Degree:DoctorType:Dissertation
Country:ChinaCandidate:T LiFull Text:PDF
GTID:1119360242484267Subject:Resource industries economy
Abstract/Summary:PDF Full Text Request
Mineral resources are the natural resources as fundamental guarantee for the implementation of sustainable development strategy, basic supports for national economy and the people's livelihood, and also important conditions for the prosperity of nation and people. Our country is a big country in production and consumption of mineral products, but our present commercialization and marketization degree of mining industry are not enough which are in obvious gap with the requirement of social development as a result of limitation by planned economic system for long.After 30 years of reformation, the allocation of mineral resources are always under the predominant control of government, so the marketization thereof advances slowly, however, the governmental system of bidding, auctioning and licensing can never substitute for the market mechanism of mining right transaction, it must start from emancipating the mind, learn & draw lessons from much mature foreign market mechanism of mining right transaction and combine with our actual national conditions to gradually establish Chinese characteristic secondary market of mining right, which is the only way to fulfill marketing allocation of mineral resources.Mining right is a kind of special"Usufructuary Right". After the governmental system of bidding, auctioning and licensing is adopted in the primary market, it must transit to the secondary market so as to circulate the mining right in market. It is extremely necessary and urgent to establish mining right secondary market for the development and management of mineral resources in our country. By bringing mining right into market for public trading, using trading market to discover value and clarifying property right can optimize the comprehensive utilization benefit of resources and improve the resource management order.This thesis analyzes the legal attribute & particularity of mining right and the necessity of establishing the mining right secondary market from different perspectives aiming at the present situation and existing problems in mining right market of our country and further standardizes the structure, construction model, trading mechanism and system frame of mining right secondary market proceeding from our national conditions and according to the requirements of building a harmonious socialist society.Through study, it is confirmed that the mining right secondary market in our country should enter perfectly competitive market as soon as possible so as to promote the establishment of marketization model of mining right trade. Meanwhile, this thesis combines market theory, capital market theory, investment and financing theory and our actual national conditions with the author's knowledge obtained from practical work, preliminarily and systematically identifies the model, system, mechanism, operation flow and system frame of mining right secondary market that are suitable for our actual national conditions, which will actively affect the development of our national mining right market and mining capital market.
Keywords/Search Tags:Mining Right, Secondary Market, Model, Trading Mechanism
PDF Full Text Request
Related items