Skip to main content

Advertisement

Table 2 Basic features of the mergers and reorganizations policy for each province (including autonomous regions and municipalities)

From: The level of decentralization and property rights protection––a sociological analysis of property rights

Province The basic features of the merger and reorganization policy in each province
Who is qualified to merge and reorganize other coal mines? What are the positions of privately run coal mines in the merger and reorganization process? How should the value of mines merged or closed be evaluated?
Beijing Only provincial state-owned enterprises, that is, Beijing Coal Group, were retained; the rest of the coal mines were closed Closed Compensation standards laid out by the provincial government
Hebei The provincial government assigned two provincial state-owned coal mine enterprises—Kailuan Group and Jizhong Energy Group—as the main mergers for privately run coal mines. Merged or closed Mining rights are specified by the provincial government; valuation is based on the original price; other assets are evaluated by the main party merging and reorganizing
Shanxi The provincial government assigned eight state-owned coal mine enterprises as the main mergers, and designated merging and reorganizing areas for each enterprise. Merged or closed in principle Mining rights are regulated by the provincial government; the other assets are evaluated by the main party merging and reorganizing
Inner Mongolia Determined by the negotiation between the prefectural (county) government and the coal mine enterprises within the jurisdiction. Can apply to be the main mergers, or join with other coal mines to be the mergers. Evaluated by intermediary agents, or determined by the market
Henan The provincial government assigned five state-owned enterprises as the main mergers and designated merging and reorganizing areas for each enterprise Merged or closed Mining rights are regulated by the provincial government; the other assets are evaluated by the main party merging and reorganizing
Heilongjiang The provincial government supported the provincial enterprise Dragon Coal Group as the main merger; the prefectural (county) government can also coordinate the list of the main mergers. If Dragon Coal Group and other state-owned coal mines are not affected, one can apply to be the main merger. Decisions are to be made through negotiations and consultations between the main mergers and reorganizers and mines being merged or reorganized
Jilin Enterprises apply on their own mainly for private coal enterprises Can either apply to be the main mergers, or join with other coal mines to be the mergers. Evaluated by intermediary agents, or parties involved; reach an agreement through voluntary talks
Liaoning The provincial government supports three provincial coal mining enterprises as the main mergers, the rest are determined by the prefectural government. Can join other coal mines to be the mergers Coordinated among coal mine enterprises themselves
Anhui The provincial and municipal state-owned coal mine enterprises are the main mergers Merged or closed The provincial government develops compensation standards, or may be evaluated by the main mergers.
Jiangxi Privately run coal mines can form to be mergers through voluntary negotiations Can either apply to be the main mergers or join other coal mines to be the mergers. Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Fujian Determined by negotiation between the prefectural (county) government and the coal mine enterprises, but priority is given to state-owned coal mines Can either apply to be the main mergers or join other coal mines to be the mergers. Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Hubei Determined voluntarily (or jointly) by coal mine enterprises within the region, with coordination of the prefectural (county) government Can either apply to be the main mergers or join other coal mines to be the mergers Evaluated by intermediary agents or coordinated among coal mine enterprises themselves
Hunan Determined voluntarily (or jointly) by coal mine enterprises within the region, with coordination of the prefectural (county) government Can join other coal mines to be the mergers Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Sichuan Determined voluntarily (or jointly) by coal mine enterprises within the region, with coordination of the prefectural (county) government Can either apply to be the main mergers or join other coal mines to be the mergers Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Chongqing Determined voluntarily (or jointly) by coal mine enterprises within the region, with coordination of the prefectural (county) government Can either apply to be the main mergers or join other coal mines to be the mergers Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Guizhou Provincial government develops qualifications, coal mine enterprises apply on their own Can either apply to be the main mergers or join other coal mines to be the mergers Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Yunnan Determined voluntarily (or jointly) by coal mine enterprises within the region, with coordination of the prefectural (county) government Can either apply to be the main mergers or join other coal mines to be the mergers Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Guangxi Determined voluntarily (or jointly) by coal mine enterprises within the region, with coordination of the prefectural (county) government Can either apply to be the main mergers or join other coal mines to be the mergers Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Shaanxi The provincial state-owned coal mines are entrusted with the surrounding small coal mines, and the remaining mines are coordinated by the prefectural (county) government Can join with other coal mines to be the mergers in the absence of large state-owned coal mines Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Gansu Determined voluntarily (or jointly) by coal mine enterprises within the region, with coordination of the prefectural (county) government Can either apply to be the main mergers or join other coal mines to be the mergers To sell by auction, or parties involved reach an agreement by voluntary talks.
Ningxia The provincial government supports state-owned coal mines as the main mergers and reorganizers Merged or closed Compensation standard for closed coal mines are decided by the provincial and municipal government; merged coal mines are to be evaluated by the main mergers
Xinjiang Determined voluntarily (or jointly) by coal mine enterprises within the region, with coordination of the prefectural (county) government Can either apply to be the main mergers and reorganizers or join other coal mines to be the mergers Evaluated by intermediary agents or parties involved; reach an agreement through voluntary talks
Qinghai No mergers or reorganizations Continue to operate if lawful  
  1. Source: Relevant documents published by each province, including views, guidance, implementation, and opinions of the merger and reorganization program issued by each provincial government, as well as the implementation plans of the merger and reorganization program issued by some prefectural (county) governments