Foreign ministry says other countries should also actively exploit rare earth resources

December 30, 2010, Foreign Ministry spokeswoman Jiang Yu presided over a regular press conference. Q: The U.S. trade office said last week that China's first batch of Rare-earth export quotas would be reduced next year, which could prompt further action by the United States. What is China's comment on this?　　Why insist on restricting the export of rare earths? A: It is recommended that you raise this question to the Ministry of Commerce of the competent department. Recently, the Ministry of Commerce has made a detailed explanation on this website.　　I would like to give you a brief account of China's attitude towards this issue.　　China has been exporting rare earths for a long time, with 36.4% of its reserves bearing more than 90% per cent of the world's supply of rare earths, making a huge contribution to the supply and stability of the world's Rare-earth market. The Government of China to strengthen the management of the mining, production and export of rare earths is based on the need to protect the environment and the exhaustion of resources, the relevant measures conform to WTO rules.　　In the future, China will continue to supply rare earths to the international market and implement effective management of Rare-earth exports in accordance with WTO rules. With the development of economy, the demand of rare earths in international market is increasing, so the supply of rare earths is becoming a common task faced by all countries in the world.　　Other countries with rare earth resources should also actively exploit rare earth resources to share the responsibility for global supply of rare earths. China is also willing to strengthen cooperation with other countries in the search for alternative resources for the development of rare earths and increase the utilization rate of rare earths, and welcomes countries with advanced environmental technologies to provide relevant technical support to China to help them do environmental work.