Notice of RetractionStudy of the optimized ways of mineral resource capitalizing reform of China

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

There are four major issues in the reform of mineral resource management system in our country at present: first, there was a phenomenon of money blindly flowing in the mining right market; second, phenomenon of bidding mining right exists in the course of assigning resource price; third, income distribution of mining rights are lack of theoretical basis and the distribution relationship is ambiguous; fourth, the government start doing ecological management of mining area instead of enterprises themselves. Optimized ways of solving those problems are as the below: breaking the property ownership attribution of the mining claims and identifying it as usufruct; establishing the right of discovery, confirming and commercializing the value of the right of discovery; establishing exploitation right which can be gained by paying fees; the government levy resource tax which should be changed into environmental resource tax or resource losing fees; the government levy mineral resources compensation fees, which should be changed into resource substitution fees; capitalizing geologic environment restoration margin that levied by the government.