Study on monetary asset macro accounting of mineral resources: take iron ore as an example

How to value physical asset accounts has been the difficulty of compiling liability tables for mineral resources.Based on the study of asset accounts compilation and structure, this paper applying market valuation method to measure the value of mineral resources from a macro view, providing a case study of iron ore.The analysis of the results indicates that in China physical accounts of iron ores and concentrates in 2017 is 84.888 billion tons, in which monetary accounts for economical exploitable reserves is 242.98 billion yuan.The value of iron ore resource depletion is 6.823 billion yuan in 2017.After being accounted by SEEA, green GDP of the industry becomes 107.867 billion yuan and declines about 6% compared to traditional GDP.