25, METI said in a statement, the Government and the country's major large-scale enterprises will spend 110 billion yen (about 1.3 billion

U.S. dollars) subsidy over a hundred Japanese companies on earth to save the cause, and to subsidize the production losses, thereby

reducing the Japan's reliance on imports of Chinese rare earth.

Japan's "Sankei Shimbun" 25 said in the scheme, the Government has paid private enterprises amounted to 33.1 billion yen, and the

remaining number filled by large enterprises, institutions amounted to 110 billion yen. Grant funds will be for the country's 160 of 110

items, including rare earth recycling, reduce consumption and imports of rare-earth channels widened. If Toshiba will introduce grinding

equipment without the use of rare earth elements in the project, Toyota, Nissan auto parts developed non-rare earth materials laboratory

equipment investment. 25, analysts said Bloomberg, the subsidies can also be sure to use the earth's core of a new generation of

environmentally friendly vehicles and parts industry to stay in Japan.

Economy and Industry, said Japan's annual demand of about 30,000 tons of rare earth in the next period of time, hoping to reduce that

figure to 2 million tons, reducing some of the main imports from China rare earth resources.

Bloomberg said, "China's rare earth control 95% of world supply," Japan has always been the biggest demand for rare earth in China and

importing countries, rare earth resources, exports to Japan to play a key role in the economy. 25, the BBC said last July, China announced

a reduction of rare earth export policy, the same year, 9 months after the date of the collision, the Chinese Rare Earth exports to Japan

was stopped. Although exports since November last year, gradually recovered, but still less than 35% over the same period the previous

year, and 3-month prices Liu Cheng.

"Sankei Shimbun" analysis that the Diaoyu Islands in the collision last fall as an opportunity to actually take the Chinese Rare Earth

embargo, Japan, China, the risk of over-dependence thus revealed. Affected by the Government in the 2010 supplementary budget to deal with

the crisis response costs up to 1,000 billion yen.

In addition to reducing dependence on Chinese rare earth, but Japan also plans to go abroad to invest in overseas production of rare

earth. After China's restrictions on the export of rare earth, Mongolia, Australia, Vietnam, Japan, the United States have on the wave

development. Senior analyst at Shinsei Securities, said Yasuhiro Matsumoto, the Japanese government and businesses together will benefit

the future development of enterprises, reduce the production burden. Subsidies and access to many of the companies in Japan, Japanese

companies in future negotiations with China, accounted for even more advantages