Our Privacy Statement & Cookie Policy

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

Industry body: China's rare earth export control to safeguard security

CGTN

A view of the world's largest rare-earth mine, Bayan Obo deposit, in Baotou City, north China's Inner Mongolia Autonomous Region. /VCG
A view of the world's largest rare-earth mine, Bayan Obo deposit, in Baotou City, north China's Inner Mongolia Autonomous Region. /VCG

A view of the world's largest rare-earth mine, Bayan Obo deposit, in Baotou City, north China's Inner Mongolia Autonomous Region. /VCG

China's export control measures on certain rare earth-related items show its firm commitment to maintaining world peace and security, China Nonferrous Metals Industry Association said on Sunday.

The remarks came after China's Ministry of Commerce and General Administration of Customs on April 4 announced export control measures on certain items related to seven types of medium and heavy rare earths.

Rare earth-related items have both military and civil uses, the association said, adding that China's export control measures have fully drawn on international practices.

As long as companies are not engaged in activities that undermine China's national sovereignty, security or development interests, export control measures will not affect their normal business operations and trade activities, let alone the stability and security of international industrial and supply chains, the association said.

The association added that Chinese rare earth enterprises will, in accordance with the requirements of the announcement, insist on higher-standard opening up and continue to beef up mutually beneficial cooperation with friendly countries.

Source(s): Xinhua News Agency
Search Trends