China will introduce a series of high-cost energy use restraint policies and energy conservation preferential measures.

During the “Eleventh Five-Year Plan” period, the central government will continue to improve relevant policies and measures, rationalize the prices of energy products, curb low-cost consumption of energy, and change the incentive policy for low-cost energy use into a constraint policy for high-cost energy use. At the same time, the relevant departments will also choose to introduce preferential measures that are more conducive to energy conservation.

This was revealed by Liao Xiaojun, deputy finance minister, at the national energy conservation work conference on the 26th. He said that energy-saving work should play a fundamental role in the allocation of resources in the market, taking enterprises as the mainstay and the government as the leading factor, fully mobilizing the enthusiasm and initiative of market players in energy conservation. At the same time, the government's regulation and control role will be exerted, and the energy conservation work of enterprises will be placed under the strong promotion and effective supervision of the government.

"For a long time, China's energy product prices have been low and cannot reflect its scarcity. It is not only difficult to curb the irrational consumption of energy, but even the tendency to encourage low-cost use. Therefore, to promote energy conservation, we must first rationalize the price of energy products. The incentive policy for low-cost energy use has been changed to a high-cost energy-constrained policy," Liao Xiaojun said.

He revealed specific measures for the so-called "high-cost energy use restraint policy":

It is necessary to change the current two-track system of mining rights free of charge and paid acquisition into paid acquisition, realize bidding, auction and listing of exploration rights and mining rights, and restore resource costs; it is necessary to force mining enterprises to extract safety costs, increase safety investment, and restore Safety cost; to establish a responsible mechanism for environmental management and ecological restoration of mining enterprises, to force enterprises to withdraw a certain proportion of funds from sales revenue for mine environmental recovery, ecological compensation, and to restore environmental costs; to establish and improve employee rights protection mechanisms, all Energy production and sales enterprises must guarantee the basic income and basic welfare of employees and restore labor costs.

"On the basis of the above, we must further rationalize the price relationship between various energy products including coal-fired power, crude oil and refined oil, so that resources and energy conservation enterprises can benefit from it and develop rapidly." Liao Xiaojun pointed out.

He also revealed that the relevant departments will adjust and improve the existing tax policies, and choose to introduce preferential measures that are more conducive to energy conservation.

First, closely follow the changes in international oil prices, study and improve the fuel tax reform program, and actively create conditions to promote the introduction of fuel tax as soon as possible; Second, in the process of unifying the domestic and foreign corporate income tax system, research and formulation of a new corporate income tax law, consider energy-saving equipment As one of the targets of enjoying corporate income tax preferential policies; the third is to study the nationwide resource tax adjustment plan, and gradually improve the resource tax system to improve resource utilization efficiency; fourth, study and adjust the current tax rate structure of vehicle purchase tax, and encourage environmental protection and The combination of energy conservation guides consumers to purchase low-energy, low-emission vehicles; the fifth is to systematically study tax policies that promote the development and utilization of renewable energy such as solar energy, geothermal energy, and ocean energy, in accordance with the requirements of the Renewable Energy Law.
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.

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