The stone industry raises the added value after the taxation of mineral resources

Recently, it was reported from the Research and Management Office of Land and Resources Management that the country will soon introduce a tax on mineral resources. The initial tax burden is scheduled to be about 3%. The specific method of introduction has also been preliminarily determined, and the former has been changed from quantity measurement to ad valorem, which means that the mineral value is multiplied by the tax burden.

This tax adjustment has a profound impact on the development of China's stone industry. In recent years, China’s stone industry has developed rapidly. By the end of 2007, China’s stone industry will once again reach the world’s top 5 in terms of five aspects: that is, the first production volume, reaching 68 million tons; the first export volume will reach 30 million tons; the export amount First, it will reach US$3.6 billion; domestic consumption will be the first, reaching 260 million square meters; the number of imports will be the first, reaching 7.5 million tons and US$1.2 billion.

However, some development issues behind the achievements have been unavoidable. In fact, after the reform and opening up, China's stone industry has been growing rapidly for more than a decade. First of all, the rapid development of the stone industry depends on the long-term low tax burden of stone resources in China and the low price of stone resources. The second is that the value per unit weight created by China's stone industry is still very low. In 2006, the unit price of stone export in China was US$17.64 per ton. Moreover, in September 2006, the state cancelled the export tax rebate for some stone products. This year, this part of deep processing of stone products will not be once again prohibited by the list. There is still a lot of variables. In the long run, the sustainable development of China's stone industry is not small.

The increase in the tax burden of stone mines will directly lead to a rise in the price of domestic stone blocks. The "price" weapon of Chinese stone export will not be sharp. Insiders pointed out that in the international market, the main competitors of Chinese products are Brazil, India and other developing countries, losing their price competitiveness, and the export strategy of low quality and low price may end. Once the export is blocked, there will inevitably be some small and medium-sized stone companies turn to the domestic market, causing increased competition in the domestic stone market. Experts expect that in the coming year there will be a number of small and medium-sized stone companies facing negative interest.

At the moment, a common voice of the industry is: facing difficulties China's stone industry to increase the added value of products without delay. Compared with the direct profit reduction brought about by the increase in tax burden, most enterprises value the positive significance of this policy. The government's restriction on the “two high pollution, high energy consumption and resource-intensive resources” industry will certainly increase the threshold of the future stone industry, and will help Get rid of the current "small, earth, scattered, chaotic" industry conditions. The stone industry cannot be developed at the expense of resources.