The spokesperson of the Ministry of Commerce answered questions from reporters regarding the export control measures for CHINA RAREEARTH. Question: Recently, many countries have expressed concern about China's export control measures for CHINA RAREEARTH. What measures will China take to respond to these concerns?
Answer: The items related to rare earth have dual-use properties for military and civilian purposes; thus, implementing export controls aligns with international practices. China implements export controls on these rare earth items in accordance with the law, aiming to better protect National Security and interests, fulfill international obligations related to non-proliferation, and uphold a consistent stance of maintaining world peace and regional stability.
We also note that with the development of industries such as Siasun Robot&Automation and New energy Fund, the demand for medium and heavy rare earths in civilian fields is continuing to grow. As a responsible major country, China fully considers the reasonable needs and concerns of all countries in the civilian sector, reviews applications for export licenses related to rare earth items in accordance with the law and regulations, has approved a certain number of compliant applications, and will continue to strengthen the examination of compliant applications. China is willing to further enhance communication and dialogue with relevant countries on export control to facilitate compliant trade.
