According to the PRC 15 days to rare earth report, according to the international public attention, the Chinese exports commerce ministry spokesman said YaoJian 15, mineral resources law and in accordance with the "foreign trade law", China recently on the exploitation, production and export link take necessary measures to the limit, the core aim is to protect the environment and realizing sustainable development. Because of China's economic development lags behind, the early re exports of production, processing and management is not standard, processing technology in the low level of environmental problems.

YaoJian said, now, China accounted for 30% of global reserves of rare earth, but exports accounted for more than 90 percent of global trade, China re production and processing of a high proportion of global scale, but the proportion of global reserves far below the processing production. Also, there are quite a few rare in reserve.

YaoJian says, in such a context, we hope to strengthen the international cooperation on rare, strengthen cooperation in the field of environmental protection, rather than take blockade measures. Chinese exports of rare earth would not take measures, blockade we will realize win-win development, China and Japan and other countries in the aspect of mutually beneficial cooperation rare. YaoJian stressed that China rare exports in the measures, the international standard is consistent, wto rules, not only in exporting link in production, manufacturing, and there are also links the legal basis. (Providing by China NdFeB Magnet)