Resource product price mechanism has emerged

China's long-awaited reform of resource-based product pricing has finally reached a new stage. On December 24, the General Office of the State Council released the "Several Opinions on Promoting the Sustainable Development of Resource-Based Cities," marking the first time that the cost structure of resource-based products has been clearly defined. The document outlines seven key components that make up these costs, paving the way for more transparent and market-driven pricing mechanisms for oil, gas, coal, and other critical resources. The "Opinions" emphasize the need for scientifically designed accounting methods to calculate the costs associated with resource-based products. These include expenses related to the acquisition of mining rights, resource extraction, environmental management, ecological restoration, investment in safety infrastructure, construction of public facilities, and the transition or exit of enterprises from resource-based industries. This comprehensive approach aims to ensure that all relevant costs are accounted for in the pricing process. Moreover, the policy calls for the establishment of a resource development compensation mechanism and support systems for declining industries. It encourages various market players to develop resources responsibly while fulfilling their obligations in terms of resource compensation, environmental protection, and ecological restoration. Based on the principle of “who develops, who protects; who benefits, who compensates; who pollutes, who governs; who destroys, who restores,” it clearly identifies enterprises as the primary responsible parties for these tasks. Resource-based cities are urged to adopt an integrated planning approach, accelerate industrial restructuring, and promote the development of alternative industries. This will help ensure a smooth transition for resource-exhausted enterprises and maintain social stability. In addition, the "Opinions" encourage the widespread adoption of clean production technologies and the development of circular economies within oil and gas exploration, coal mining, and related processing sectors. Enterprises and projects that align with circular economy principles may receive government support through investment subsidies and preferential policies at different administrative levels. This initiative not only promotes sustainability but also fosters long-term economic resilience in resource-dependent regions.

Taichi Sword

The Taichi sword is typically a straight, single-edged blade with a slightly curved handle. It is often made of stainless steel or high-quality carbon steel. The length of the sword varies depending on the practitioner's height but is generally around 36 to 40 inches.

The Taichi sword is not primarily used as a weapon for combat but rather as a tool for refining one's Tai Chi skills. It is an extension of the practitioner's body and is used to enhance balance, coordination, and strength. The slow, precise movements with the sword help develop a deep understanding of Tai Chi principles such as relaxation, proper body alignment, and energy flow.

When practicing Tai Chi with the sword, practitioners engage in a series of choreographed forms or routines called "jian" or "jianfa." These forms combine graceful, flowing movements with precise sword techniques, including thrusts, cuts, and spins. The focus is on maintaining a relaxed and centered state while moving in harmony with the sword.

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