Chinese Restrictions On Rare Earth Export Measures Comply With Wto Principles

By Author: goodscool
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The CPPCC national committee SunZhenYu said，Chinese restrictions on rare earth export measures, full consideration to the world trade organization to promise.

Once was appointed China first in the world trade organization SunZhenYu said, according to the ambassador of the world trade principle, one country because resources are exhausted, environmental pollution and other reasons to one product adopts the management measures, shall also apply to domestic enterprise and importers, can not only cut the overseas demand, not cut domestic demand.

SunZhenYu says China now on rare earth mining, processing and export link adopts management measures(wholesale electronics), on the one hand, reduce rare-earth exports, on the other hand cut production and domestic enterprise supply. This policy has fully considered the wto commitment to China.

Rare earth is an important strategic non-renewable resources, in the new energy, new materials, energy conservation and environmental protection, aerospace, electronic information, etc are applied widely. Statistics show that ...
... China's rare earth reserves total accounted for only the global 30%(china manufacturers), but China is already the world's largest exporter, and for global rare-earth production and trade provide 90% of the total amount.In recent years, Chinese according to domestic laws and regulations of the rare earth industry taken necessary management and restrictions.

SunZhenYu thinks rare-earth supplies should diversify. He said, we hope to develop rare earth importers and importers of rare earth resources in other countries, we are willing to work with foreign rare-earth producer for technical cooperation.From: wholesale products