Commerce Minister Chen Deming: Exports of rare earths will be maintained next year

Chinese Commerce Minister Chen Deming 5th in Paris dismissed some Western media reports of Chinese rare earths exports, and said China will keep the number of Rare-earth exports next year. Strengthening environmental protection at the signing ceremony of the Sino-French Economic and Trade cooperation project held at the same day, Chen Deming said that the Chinese government, for the sake of strengthening environmental protection, has carried out rectification and closure of some small rare earth mines that do not meet the requirements of environmental protection, and the shutdown of some small mines has naturally caused a decline in Chinese rare earth production and a corresponding decrease in exports.　　A government initiative to strengthen environmental protection has been interpreted as a "political event" after some media hype. China has 30% of the world's Rare-earth resources, but it occupies 90% of the world's Rare-earth production, and some countries have rich Rare-earth minerals but are importing them from China instead of exploiting them, Chen said. He said China is currently in consultation with the consumer and storage countries of rare earths, hoping to find a suitable solution to the growing tension between supply and demand for rare earths.　　As a mineral resource, rare earths are non-renewable and global reserves are limited, and China hopes to find a way or resources to replace them in the future. Never block rare earth rare earths is a kind of less reserves of a class of metals, including 17 chemical elements, known as "industrial vitamins", can greatly improve the performance of related materials, is an essential part of modern High-tech products. With the rapid development of High-tech industry in recent years, global demand and consumption of rare earths have been growing rapidly.　　Recently, some media in Europe, America and Japan have been speculating about China's rare earths export quotas. In order to prevent the overexploitation of this non-renewable resource and the serious damage to the environment, China has intensified its rectification and management work in the rare earth mining industry in recent years. "Managing and controlling rare earths is necessary, but it will never be blocked," Wen Jiabao, China's premier, said in a speech at the sixth session of the European and Business Summit in Brussels on October 6 this year. China will not use rare earths as a bargaining tool, and our aim is to achieve sustainable development in the world. "Xinhua News agency reporter Li Ming