<SEC-DOCUMENT>0001553350-23-000084.txt : 20230313
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<ACCEPTANCE-DATETIME>20230203163004
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001553350-23-000084
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20230203

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHINA NATURAL RESOURCES INC
		CENTRAL INDEX KEY:			0000793628
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		RM 2205 22F WEST TOWER SHUN TAK CENTRE
		STREET 2:		168-200 CONNAUGHT ROAD C
		CITY:			SHEUNG WAN, HONG KONG
		STATE:			F4
		ZIP:			-
		BUSINESS PHONE:		01185228107205

	MAIL ADDRESS:	
		STREET 1:		RM 2205 22F WEST TOWER SHUN TAK CENTRE
		STREET 2:		168-200 CONNAUGHT ROAD C
		CITY:			SHEUNG WAN, HONG KONG
		STATE:			F4
		ZIP:			-

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHINA RESOURCES DEVELOPMENT INC
		DATE OF NAME CHANGE:	19950104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MAGENTA CORP
		DATE OF NAME CHANGE:	19940217
</SEC-HEADER>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><IMG SRC="logo.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">Morgan, Lewis &amp; Bockius LLP</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">1111 Pennsylvania Avenue, NW</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">Washington, DC 20004</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">Tel. +1.202.739.3000</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">Fax: +1.202.739.3001</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">www.morganlewis.com</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0"><B>Leland S. Benton</B></P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">Partner</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">+1.202.739.5091</P>

<P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0">leland.benton@morganlewis.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5pc; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5pc; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pc 0.5pc; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pc; text-align: center">February 3, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pc"><B><U>VIA EDGAR AS CORRESPONDENCE</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">United States Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Division of Corporation Finance</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Office of Energy &amp; Transportation<BR>
100 F Street, N.E.<BR>
Washington, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Attention: Liz Packebusch</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.75pc; text-indent: 0.5in"><B></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-size: 10pt"><B>Re:</B></FONT></TD>
    <TD STYLE="width: 92%"><FONT STYLE="font-size: 10pt"><B>China Natural Resources, Inc.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Amendment No. 1 to Registration Statement on Form F-3</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Filed December 30, 2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt"><B>File No. 333-268454</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pc">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pc">Dear Ms. Packebusch:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On behalf of China Natural Resources,
Inc., a British Virgin Islands company (the &#8220;<U>Company</U>&#8221;), we are responding to the comments of the staff (the &#8220;<U>Staff</U>&#8221;)
of the U.S. Securities and Exchange Commission contained in its letter dated January 11, 2023 (the &#8220;<U>Comment Letter</U>&#8221;),
relating to the above-referenced filing of the Company&#8217;s Amendment No. 1 to Registration Statement on Form F-3 (the &#8220;<U>Amended
Form F-3</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Set forth below are the Company&#8217;s
responses to the Staff&#8217;s comments. The responses set forth below are based upon information provided by the Company, which we have
not independently verified. For the convenience of the Staff, the responses contained herein utilize the numbering of the comments and
the headings used in the Comment Letter, and the text of the Staff&#8217;s comments is reproduced in italics below. Capitalized terms
used but not defined herein have the meanings set forth in the Amended Form F-3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Liz Packebusch</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">February 3, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc">Page 2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc"><U>Amendment No. 1 to Registration
Statement on Form F-3 filed December 30, 2022</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc"><U>Cover Page</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5pc"></TD><TD STYLE="width: 1.5pc"><I>1.</I></TD><TD STYLE="text-align: justify"><I>Your discussion of limitations on&nbsp;cash&nbsp;transfers&nbsp;appears to be limited to the PRC. Please
revise to also discuss limitations applicable to&nbsp;Hong&nbsp;Kong, given that certain of the entities in your&nbsp;corporate structure
are formed under Hong Kong law. Please make consistent revisions
on page 5.</I></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: -3pc"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: 0pc"><B>Response:</B> The Company
acknowledges the Staff&#8217;s comment and has revised the disclosure on the cover page and page 5 accordingly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: -3pc">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: -3pc"><U>ENFORCEABILITY OF CIVIL
LIABILITIES, page 43</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: -3pc">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5pc"></TD><TD STYLE="width: 1.5pc"><I>2.</I></TD><TD STYLE="text-align: justify"><I>We note your response to prior comment 8, including revised disclosure stating that&nbsp;all of your
directors are located outside the United States in Hong Kong, and all of your assets and officers are located outside the United States
in the PRC. Please revise to clarify where&nbsp;Mr. Wong Wah On Edward is located, given that he is both your&nbsp;Chairman of the Board
of Directors and your President and Chief Executive Officer.</I></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: -1.5pc">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: 0pc"><B>Response: </B>The Company
acknowledges the Staff&#8217;s comment and has revised the disclosure on page 43 accordingly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc"><U>General</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0pc"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5pc"></TD><TD STYLE="width: 1.5pc"><I>3.</I></TD><TD STYLE="text-align: justify"><I>Consistent with your December 30, 2022 response to the comment relating to your Form 20-F for the fiscal
year ended December 30, 2021, please revise your disclosure&nbsp;to discuss any restrictions, limitations, rules, or regulations under
Hong Kong law that are commensurate to those of the PRC.&nbsp;</I></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: -3pc"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: 0pc"><B>Response: </B>The Company
acknowledges the Staff&#8217;s comment and has revised the disclosure on the cover page and page 3 accordingly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-align: justify; text-indent: -3pc"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pc; text-align: center"><B><I>* * * * * *</I></B></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 1pc; text-align: justify">If the Staff has any questions or comments
regarding the foreg<FONT STYLE="background-color: white">oing</FONT>, please contact the undersigned by telephone at (202) 739-5091 or
via email at leland.benton@morganlewis.com. &#9;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 50%; text-align: justify"><FONT STYLE="font-size: 10pt">Sincerely,</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">/s/ Leland S. Benton</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pc 21pc; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 3pc"><FONT STYLE="font-size: 10pt">cc:</FONT></TD><TD><FONT STYLE="font-size: 10pt">Wong
                                            Wah On Edward, President and Chief Executive Officer, China Natural Resources, Inc.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-indent: 0pc"><FONT STYLE="font-size: 10pt">Zhu Youyi, Chief
Financial Officer, China Natural Resources, Inc.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3pc; text-indent: 0pc"><FONT STYLE="font-size: 10pt">David A. Sirignano,
Esq, Morgan, Lewis &amp; Bockius LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pc"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pc 0.5pc; text-align: center"></P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
