China to accelerate review of rare earth-related export license applications: Commerce ministry

China has consistently placed great importance on maintaining the stability and security of global industrial and supply chains and has been accelerating the review of rare earth-related export license applications in accordance with relevant laws and regulations, the Ministry of Commerce said on Thursday.

China has approved a certain number of compliant applications in accordance with the law and will continue to strengthen the review and approval of such applications, ministry spokesperson He Yadong said at a press conference in answer to a question on rare earth exports.

China is willing to enhance communication and dialogue with relevant countries on export controls and actively promote the facilitation of compliant trade, He said.

Read more:

China approves some rare earth export applications