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China unveils guideline for improving natural resource asset management
en.hangzhou.com.cn   2019-04-15 09:35   Source:Xinhua

The country will improve the legal system for property rights over natural resource assets, protect the rights and interests of property rights holders on an equal footing, and give better play to the role of the property rights system as both an incentive and restraint in promoting ecological progress.

Local governments are encouraged to carry out bold explorations in accordance with local conditions to accumulate sufficient practical experience for reforming the property rights system, according to the guideline.

China will accelerate the formulation of unified classification standards for natural resources, and establish a unified investigation, monitoring and evaluation system.

It will make a balance sheet for natural resource assets, establish a dynamic monitoring system and keep track of changes in all types of natural resources in a timely manner, the document reads.

Efforts will also be made to accelerate the confirmation and registration of natural resource ownerships, with a focus on major ecological space including national parks, key state-owned forests, wetlands and major rivers.

The country will compile and implement a plan for the ecological restoration of natural space, and establish and improve a mechanism of restoration and comprehensive management of mountains, forests, land, lakes and grassland.

China will improve the system of compensation for damages to the ecological environment, with the persons liable taking the responsibility for restoration or compensation, according to the document. 

Author:  Editor:Xiao Yimin
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