20 1 1 year, the total industrial added value 18.86 trillion yuan, an increase of 10.7% over the previous year (Figure 20). The added value of industrial enterprises above designated size increased by 13.9% over the previous year, and the growth rate slowed down by 1.8 percentage points over the previous year. The added value of 39 major industries increased over the previous year. The added value of the six high energy-consuming industries increased by 12.3% compared with the previous year, among which nonmetallic mineral products industry increased by 18.4%, chemical raw materials and chemical products manufacturing industry increased by 14.7%, nonferrous metal smelting and rolling processing industry increased by 13.6%, ferrous metal smelting and rolling processing industry increased by 9.7%.
Fig. 20 Monthly changes in the growth rate of added value of industrial enterprises above designated size
Source: National Bureau of Statistics.
Corporate profits continue to rise sharply. The profits of industrial enterprises above designated size nationwide reached 5.45 trillion yuan, an increase of 25.4% over the previous year. The profits of some mining and related industries are relatively high, among which the profits of oil and natural gas mining industry increased by 44.8% over the previous year, ferrous metal mining and dressing industry increased by 53.0%, ferrous metal smelting and rolling processing industry increased by 65,438 05.4%, nonferrous metal smelting and rolling processing industry increased by 565,438 0.3%, and petroleum processing, coking and nuclear fuel processing industry decreased by 92.8%.
Column 7 Impact and Significance of Resource Tax Reform
Resource tax is a kind of tax levied by the state on mining rights holders, and it is one of the basic forms of implementing the system of paid exploitation of mineral resources. Its purpose is to promote the rational exploitation, economical use and effective allocation of state-owned resources, adjust the differential income of mining enterprises due to objective differences in mineral resources occurrence, mining conditions, advantages and disadvantages of resources themselves and geographical location, and ensure equal competition among enterprises. The resource tax is levied from 1984, and the scope of collection is limited to crude oil, natural gas, coal, other non-metallic minerals, black minerals, non-ferrous minerals and salt. Resource tax belongs to local tax, and income belongs to local government.
Course of resource tax reform
According to the Provisional Regulations on Resource Tax promulgated by 1993, resource tax is levied according to the method of "quantitative quota". In order to improve the resource tax system, with the approval of the State Council, the Circular "Provisions on Several Issues Concerning the Resource Tax Reform of Crude Oil and Natural Gas in Xinjiang" (Cai Shui [20 1 0] No.54) stipulates that since June12065438, Xinjiang has taken the lead in resource tax reform, changing the resource tax of crude oil and natural gas from ad valorem to specific amount. Since the pilot, oil and gas resource tax revenue has increased substantially, which has increased local fiscal revenue and enhanced local economic strength in safeguarding and improving people's livelihood and managing the environment. In 20 10 year, the resource tax revenue in Xinjiang reached1910 million yuan, a substantial increase of 232.3%.
20 10 12 1, on the basis of unchanged tax rates and varieties, the pilot areas were further expanded to Chongqing, Sichuan, Guizhou, Yunnan, Shanxi, Gansu, Ningxia, Qinghai, Inner Mongolia, Guangxi, Hubei and other 12 provinces (autonomous regions and municipalities).
20 1 1 Detailed Rules for the Implementation of the Provisional Regulations on Resource Taxes in People's Republic of China (PRC) (Decree No.66 of the Ministry of Finance) was issued, and it is stipulated that it will be implemented from 20 1 1. The main content of this revision is to change the resource tax of crude oil and natural gas from "specific quantity quota" to "ad valorem fixed rate", and at the same time raise the resource tax standard of coking coal and rare earth.
Comparison of tax rates before and after resource tax reform
sequential
Influence and significance of resource tax reform
According to the newly revised regulations, resource tax revenue will increase substantially. Take crude oil as an example: 20 1 1, the domestic crude oil is 204 million tons, and the maximum levy is 610.2 billion yuan; According to the revised "ad valorem rate", assuming that the international oil price is 90 dollars per barrel, no less than 42 billion yuan of resource tax can be levied.
Adjusting the collection method and tax rate of crude oil and natural gas resource tax is the focus of this revision of the provisional regulations on resource tax. After the revision of the provisional regulations, the reform of crude oil and natural gas resource tax will be implemented nationwide. Its significance is mainly reflected in the following aspects: First, it is conducive to promoting energy conservation and emission reduction. Implementing the reform of oil and gas resource tax, raising the cost of resource development and utilization, and making enterprises bear the corresponding costs of ecological restoration and environmental compensation will play a positive role in promoting resource conservation, development and utilization, protecting the environment and realizing sustainable economic and social development. Second, it is conducive to establishing a long-term mechanism for the steady growth of local fiscal revenue, increasing fiscal revenue in resource areas, enhancing the basic public service capacity of these places to protect people's livelihood, improving the regional development environment, and promoting the coordinated development of regional economy. Third, it is conducive to the fairness of resource tax burden of enterprises. The unification of resource tax policies of oil and gas enterprises is in line with the tax reform goal of "unifying the tax systems of various enterprises". Fourth, it is conducive to safeguarding national interests. Changing the current low level of resource tax burden and increasing the proportion of resource tax in resource prices are conducive to avoiding the loss of scarce resources owned by the state.
The supply capacity of domestic mineral products has been further improved rapidly, which has better guaranteed the demand for mineral resources for economic and social development. The output of major mineral products maintained growth throughout the year, especially iron ore.
(2) Steady growth of energy production.
20 1 1 year, the total primary energy production in China reached 365,438+800 million tons of standard coal, up by 7.0% year-on-year. The total energy consumption in the whole year was 3.48 billion tons of standard coal, an increase of 7.0% over the previous year. China's energy self-sufficiency rate is 9 1.4%, but nearly 80% of its energy supply is still coal.
Figure 2 1 change of raw coal output
Source: National Bureau of Statistics.
The coal market is booming in both supply and demand. The output of raw coal has increased rapidly, the demand is strong and the inventory is sufficient. In addition to the shortage of coal supply in the south due to persistent drought and over-exploitation of thermal power, the supply and demand of coal are basically balanced. The supply capacity has been significantly enhanced. A number of newly built, expanded and resource-integrated coal mines have been put into production one after another, and the release of coal production capacity has been accelerated. The new production capacity of the whole industry is 95 million tons. The cumulative output of raw coal in China is 3.52 billion tons, up 8.7% year-on-year, ranking first in the world for many years (Figure 2 1). In terms of enterprises, the output of large coal enterprises is 210.80 billion tons, up by10.9% year-on-year; There are seven enterprises with coal output exceeding 100 million tons, namely Shenhua Group, China Coal Energy Group, Shaanxi Coal Chemical Group, Shanxi Coking Coal Group, Datong Coal Mine Group, Jizhong Energy Group and Shandong Energy Group. The total coal output is nearly 654.38 billion tons, accounting for about 30% of the national coal output. In terms of regions, the coal output of major coal-producing provinces has increased substantially. The coal output of Inner Mongolia, Shanxi and Shaanxi were 980 million tons, 870 million tons and 400 million tons respectively, up by 24.4%, 17.7% and 1. 1% respectively. The total coal output of the three provinces is about 2.25 billion tons, accounting for about 65% of the national coal output. The demand for coal has increased rapidly, and the output of products mainly used in coal industry has increased rapidly, which has stimulated the demand for coal. The coal consumption of electric power, steel, building materials and chemical industry increased by 1 1.4%, 6.8%, 7.4% and 13.5% respectively. Coal stocks are sufficient. At the end of February, the total social coal inventory was 253 million tons, an increase of 16.6% over the beginning of the year. Among them, the inventory of coal enterprises was 52.4 million tons, an increase of 2.8%; Key power generation enterprises stored 8 1.65 million tons of coal, up by 45.9%, and the average consumption days were 19 days. The main ports stored 30.08 million tons of coal, an increase of 26.8%.
It is worth noting that with the rapid growth of economic growth and energy demand in some areas, the problem of unbalanced development of coal supply and demand areas and enterprises will be further expanded; In 201110, the growth rate of coal demand began to slow down, and this trend may continue in 20 12. This is due to the downturn of the world economy and the slowdown of domestic economic growth. Many energy-intensive enterprises, especially steel enterprises, cut production, and the growth of coal demand will slow down in the future.
The oil supply is basically stable. Enterprises above designated size in China produced 204 million tons of crude oil, up 0.3% year-on-year (Figure 22), and the growth rate slowed down by 6.6 percentage points over the previous year. The processing volume of crude oil was 448 million tons, up 4.9% year-on-year, and the growth rate slowed down by 8.5 percentage points over the previous year. Among them, the crude oil output decreased from August to 65438+February, the main reasons are as follows: First, it was affected by domestic resource conditions, oil spill in Bohai Bay, typhoon and other factors; Second, international crude oil prices remain relatively high, while domestic refined oil prices are expected to be lowered. The market's speculative desire for refined oil is not strong, and the purchase demand is relatively weak, which affects the operating rate of refineries, especially local small refineries; Third, it is affected by the overhaul and accidents of some large refineries.
Fig. 22 Comparison of crude oil production in the same period
Source: National Bureau of Statistics.
Natural gas production has increased steadily. Natural gas output103.06 billion cubic meters, up 8.7% year-on-year, and the growth rate slowed down by 3.4 percentage points over the previous year.
The power generation was 4.7 trillion kWh, up 1 1.7% year-on-year, and the growth rate decreased 1.6 percentage points. Among them, thermal power increased by 14.8%, and the growth rate accelerated by 3. 1 percentage point; Hydropower decreased by 3.9% and increased by 18.4% last year.
(3) The supply of metals and mineral products increased steadily.
Fig. 23 Comparison of iron ore and crude steel output in the same period
Source: National Bureau of Statistics.
Iron ore production maintained rapid growth. Iron ore output 1.33 billion tons, up 27.2% year-on-year, and the growth rate was 5.6 percentage points faster than that of the previous year. The output of pig iron was 630 million tons, up by 8.4% year-on-year (Figure 23), up by 65,438 0.0 percentage points over the previous year. The output of crude steel and steel was 680 million tons and 880 million tons respectively, up by 7.3% and 9.9% year-on-year, down by 0.9 and 7.4 percentage points respectively. Steel consumption was 840 million tons, an increase of 9.0%.
It is worth noting that from June to 65438+February, the iron ore output increased significantly year-on-year, mainly because the high profit of iron ore stimulated the development of mines, and the mine capacity was gradually released. The iron ore output in a single month reached a record high. From the demand side, the slowdown of domestic demand for iron ore in the future can alleviate the pressure of iron ore import to some extent. This is mainly because the demand for iron ore in Europe, America and Japan is basically stable and cannot be greatly improved; The high price of iron ore makes the steel industry have high cost and low benefit, which increases the production cost of the steel industry. On June 5438+065438+ 10, the profit of the whole steel industry was at the lowest level in history, which led to the reduction or closure of many small and medium-sized iron works, and the market demand further shrank.
The output of ten kinds of non-ferrous metals increased. Although there are problems such as overcapacity and serious pollution in the domestic non-ferrous metal industry, the state has also introduced some policies to curb overcapacity, such as the Emergency Notice on curbing overcapacity and redundant construction in electrolytic aluminum industry to guide the healthy development of the industry issued by the Ministry of Industry and Information Technology on April 20. However, due to the high international price of non-ferrous metals, the domestic production of non-ferrous metals has reached a new high. The annual output of ten kinds of non-ferrous metals is 34.34 million tons, up 65.438+00.0% year-on-year, and the growth rate is 7.3 percentage points slower than that of the previous year (Figure 24).
Fig. 24 Comparison of output of ten non-ferrous metals in the same period
Source: National Bureau of Statistics.
Among them, the refined copper output was 5179,000 tons, up by 12.9% year-on-year, 0.7 percentage points faster (Figure 25); The consumption of refined copper was 7.86 million tons, an increase of 5.2%; Lead output was 4.732 million tons, up 65.438+02.5% year-on-year, accelerating by 2.7 percentage points; Zinc output was 5.344 million tons, up 3.8% year-on-year, slowing down by 15.9 percentage points.
The output of electrolytic aluminum was 6.5438+07677 million tons, up 654.38+02. 1% year-on-year, and the growth rate slowed down by 7.8 percentage points over the previous year (Figure 26). The consumption of electrolytic aluminum was 6.5438+0.724 million tons, up 654.38+0.2.1%year-on-year; The output of alumina was 340172,000 tons, up 18. 1% year-on-year, slowing down by 4.3 percentage points (Figure 27). For the long-term healthy development of non-ferrous metal industry, it is necessary to control the output, improve the concentration of the industry, and improve the technical level and overall efficiency of the non-ferrous metal industry.
Fig. 25 Comparison of refined copper production in the same period
Source: National Bureau of Statistics.
Fig. 26 Comparison of electrolytic aluminum production in the same period
Source: National Bureau of Statistics.
Fig. 27 Comparison of alumina production in the same period
Source: National Bureau of Statistics.
The total control of dominant mineral development needs to be further strengthened. The output of tungsten concentrate (containing 365% WO, the same below) is135,700 tons, increasing by 14. 1% year-on-year (Figure 28), which is 6.4 percentage points slower than the previous year and exceeds the total control index of tungsten mining by 56.0%. The output of antimony concentrate was 6,543.8+0.22 million tons, down by 654.38+0.7% year-on-year, while it dropped by 24.9% year-on-year, exceeding the control index of total antimony mining of 654.38+0.6% in the whole year. Although compared with 20 10, tungsten concentrate exceeds the standard by 62.5% and antimony exceeds the standard by 42.0%, the total control level of dominant minerals mining still needs to be further improved.
Fig. 28 Comparison of tungsten concentrate output in the same period
Source: National Bureau of Statistics.
20 1 1 year, the national gold output reached a record high, ranking first in the world for five consecutive years. The national * * * produced 360.96 tons of gold, up 5.9% year-on-year (Figure 29), up 20 tons over the previous year. In the context of global economic deterioration and inflation, spot and futures gold trading in China gold market is active to avoid risks and fight inflation. The cumulative turnover of gold in Shanghai Gold Exchange was 7,438.46 tons, up 23.0% year-on-year, and the turnover was 2.48 trillion yuan, up 53.5% year-on-year. The number of gold futures contracts on Shanghai Futures Exchange was14,443,500 lots, with a turnover of 5 10 trillion yuan, up12.6% and 178.7% respectively.
Fig. 29 Changes in gold production
Source: China Gold Association
(4) The production of nonmetallic mineral products continued to grow.
The national cement output was 2.06 billion tons, up 10.8% year-on-year, and the growth rate slowed down by 4.7 percentage points compared with the previous year (Figure 30). Cement consumption was 2.07 billion tons, up 1 1.2% year-on-year. The output of flat glass was 740 million TEU, up 15.8% year-on-year, accelerating by 4.9 percentage points.
Fig. 30 Comparison of cement output in the same period
Source: National Bureau of Statistics.
The output of potash fertilizer was 3.856 million tons, up 10.8% year-on-year, and the growth rate slowed down 1.9 percentage points (Figure 3 1). The output of phosphate rock was 8 1.223 million tons (including P2O530%), up by 33.2% year-on-year, accelerating by 14.7 percentage points.
Fig. 3 1 comparison of potash fertilizer production in the same period
Source: National Bureau of Statistics.