Jiangsu mining rights online trading has been fully implemented

Reasonable utilization of resources is the standard of industry progress. To fully leverage market allocation resources and promote healthy development of mining rights trading market, the Ministry of Land and Resources of Jiangsu Province has fully completed the provincial, municipal and county mining rights online trading system in 2016. Construction, and full implementation of mining rights online transactions starting in 2017.

In order to ensure the implementation of the work in place, the Jiangsu Office has defined a series of supporting reform measures: First, the announcement of the mining right right that should be implemented and the online transaction has not been implemented, the provincial office will not be audited and filed, and the mining rights registration and management authority may not apply for the mining industry. Rights registration procedures; second, local governments may choose to conduct transactions on local public resource trading platforms or the province's mining rights online trading platform, but they may not create new mining right online trading systems, nor may they conduct transactions on other trading platforms. Third, after the implementation of online transactions , The management responsibilities and authorities of the land and resources departments at all levels regarding the mining rights trading shall remain unchanged. Fourth, the provincial mining rights trading center shall be responsible for transaction platform management and technical services. The provincial government shall entrust the mining authority to issue an announcement to review and assist the bidders in handling online transactions. Transaction-related formalities ensure the normal operation of the platform system and emergency handling during online transactions, and provide training and technical support for the land and resources departments at all levels.