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China collects over US$3.32b in mineral resources compensation fee China collected 20.37 billion yuan(US$3.32 billion)in compensation fees for mineral resources in 2014,the second highest following the record of 21.25 billion set in2013,according to the Ministry of Land and Resources.The mineral resource compensation fee was introduced in1994 and assessed at an average of 1.18 percent of sales revenues for miners.One of the purposes in charging
China collects over US $ 3.32b in mineral resources compensation fee China collected 20.37 billion yuan (US $ 3.32 billion) in compensation fees for mineral resources in 2014, the second highest following record of 21.25 billion set in 2013, according to the Ministry of Land and Resources The mineral resource compensation fee was introduced in1994 and assessed at an average of 1.18 percent of sales revenues for miners. One of the purposes in charging