Related News
China's export limits on rare earth conform with WTO rules
CHINA'S export limits on rare earth conform with the rules of the World Trade Organization, said China's former WTO representative today.
China had imposed regulating measures on the mining, manufacturing, processing and exporting of rare earth, limiting both exports and supply to domestic companies, Sun said.
"According to WTO rules, a country's regulation on a certain product to avoid resource exhaustion and environment pollution should be applied to both exporters and domestic users, and supply to both foreign and domestic markets should be cut," said Sun.
As the world's largest rare earth producer and exporter, China provides more than 90 percent of global rare earth demand, though its reserves account for only one-third of the world's total.
Sun called for the diversification of the supply of rare earth and expressed hopes that rare earth importers seek the resource from other countries.
He said China was willing to conduct technological cooperation with other rare earth producing countries.
China had imposed regulating measures on the mining, manufacturing, processing and exporting of rare earth, limiting both exports and supply to domestic companies, Sun said.
"According to WTO rules, a country's regulation on a certain product to avoid resource exhaustion and environment pollution should be applied to both exporters and domestic users, and supply to both foreign and domestic markets should be cut," said Sun.
As the world's largest rare earth producer and exporter, China provides more than 90 percent of global rare earth demand, though its reserves account for only one-third of the world's total.
Sun called for the diversification of the supply of rare earth and expressed hopes that rare earth importers seek the resource from other countries.
He said China was willing to conduct technological cooperation with other rare earth producing countries.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.