Abstract:
In order to meet the requirements for ecological civilization construction and to enhance national energy and mineral resources security, it is imperative to strengthen the efforts to “going global”. Abundant information about the numbers and amounts of China’s mining outward mergers and acquisitions, and flow, stock, as well investor of China’s mining outward direct investment during the range from 2010 to 2021 are collected. Some policy proposals are put forward based on current situation and problems of China’s mining outward direct investment. At present, China’s mining investments have extended all over the world. Due to the characteristics of mining investments, such as long investment cycle, large amount of capital, and complicated social environments and cultural difference in business management, overseas mining investment is at the period of transformation development with prominent challenges, and outward direct investment amounts continued to decline. Investing enterprises are transformed from dominating by state-owned enterprise to the enterprises with diversified natures, in which private enterprises are gradually predominant investor for overseas mineral resources exploration and exploitation. Therefore, it is of practical significance to construct and improve the policy system of “going global”. Playing the leading roles in making the strategy for global mineral resources exploration and exploitation, strengthening mining cooperation with nations, and participating in establishing the new rules for global mining management. The policies promotion systems including financial support and tax preference for global mining investments need to be improved that bring benefits to private enterprises and small and medium-sized enterprises. It is necessary to perfect insurance systems and build national risk monitoring and forewarning system for overseas mining investments. In order to perform the crucial function of mining capital market in global resource allocation, it is of great significance to complete domestic mining market institutional improvement and service system construction. The other suggestion is to establish a mechanism for relevant personnel recruitment so that lower the risks of enterprise administration.