Adhering to the Principle of Prioritizing Rare Earth to Serve Domestic Needs

Relevant heads of the National Development and Reform Commission answered reporters'questions on the development of rare earth industry on the 28th. He said that as the world's largest supplier of rare earth materials, China has been adhering to the principle of openness, coordination and sharing to promote the development of rare earth industry. China adheres to the principle that rare earth resources give priority to domestic needs and is willing to meet the legitimate needs of the world for rare earth resources. If anyone wants to make use of the products made by China's export of rare earth to curb and suppress China's development, the people of the former Central Soviet Area and the Chinese people in southern Jiangxi will be unhappy. On May 20, General Secretary Xi Jinping made an on-the-spot investigation of relevant rare earth enterprises during his visit to Ganzhou, Jiangxi Province, and made important instructions on promoting green and sustainable development of rare earth industry. General Secretary Xi Jinping's important speech triggered a heated discussion on the development of China's rare earth industry from all walks of life. The spokesman said that China is the world's largest supplier of rare earth materials. Ganzhou has incomparable and irreplaceable rare earth resources. In recent years, Ganzhou's rare earth industry, which accounts for one third of the total amount of the country, has become an important production base of rare earth smelting products and a new material industry base in China, initially forming a complete and distinctive rare earth industry system. In 2018, Enterprises above the scale of Ganzhou rare earth industry realized their main business income of 26 billion yuan. Rare earth belongs to non-renewable resources, which can be divided into light rare earth and heavy rare earth. Heavy rare earth is more valuable. Rare earth elements are widely used in metallurgy, petrochemical, optical, laser, hydrogen storage, display panel, magnetic materials and other modern industrial fields. Especially with the continuous progress of world scientific and technological revolution and industrial transformation, the application scope of rare earth elements is further expanding, and its strategic value and significance will become more prominent.
In view of many public opinions that the current economic and trade frictions between China and the United States continue to escalate, rare earth, as China's superior strategic resources, may become an important chip for China's anti-U.S. countermeasure. The person in charge said that the so-called "one tree does not make a tree, one tree does not make a forest", in today's highly globalized industrial division of labor, there will be no development and progress without cooperation. As the world's largest supplier of rare earth materials, China has been adhering to the principle of openness, coordination and sharing to promote the development of rare earth industry. On the one hand, we adhere to the principle that rare earth resources give priority to domestic needs; on the other hand, we are willing to meet the legitimate needs of the world for rare earth resources. We are glad to see that China's rare earth resources and products can be widely used to manufacture all kinds of advanced products to better meet the needs of people all over the world for a better life. Regarding the Sino-US economic and trade frictions, the relevant departments have repeatedly issued a solemn statement that the industrial chains of China and the United States are highly integrated and complementary, and that the so-called "two benefits" and "fighting" are both harmful, and that there is no winner in the trade war. I can tell you if rare earth will become a weapon against China's unreasonable suppression by the United States. If anyone wants to use the products we export rare earth to curb and suppress China's development, then I think the people of the Central Soviet Area and the Chinese people in southern Jiangxi will be unhappy.
Looking for chemical products? Let suppliers reach out to you!
2026-07-09
-
Fine Chemicals Industry Overview Dec.2025
Insight into Structural Shifts, Capturing Long-Term Value in Fine Chemicals. Available for Permanent Download.Published in: Jan. 2026
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Solvay Expands Rare Earth Production in Europe
-
Solvay to supply Europe with rare earth metals to reduce reliance on China
-
Maintaining China's Rare Earth's Global Strategic Position
-
Ashland Advances $60 Million Strategic Manufacturing Network Optimization
-
LG Chem and Enilive Break Ground on South Korea’s First HVO and SAF Production Facility
-
Forced to "cut"! South Korean Petrochemical Giants Forced to Cut Production by 25%
-
Azelis Acquires Italian Specialty Chemicals Distributor ACEF
-
TotalEnergies Sells 50% Stake in 604 MW Renewable Energy Portfolio in Portugal
-
TDI Supply Tightens and Prices Surge: Can Cangzhou Dahua Reap the "Chemical Dividend"?
-
Bodo Möller Chemie to Acquire Adhesive Chemicals Business of Aqua Engineering Services
Recommend Reading
-
SIBUR Develops New Polypropylene for Retort Packaging
-
Sika Impacted by Weaker Dollar in H1, Lowers Full-Year Sales Guidance
-
Avril Group to Acquire Champlor Renewables from Valtris
-
Clariant and Shanghai Electric Partner to Advance Biomass-Based Green Methanol in China
-
Asahi Kasei Produces High-Purity Biomethane from Organic Waste Bioga
-
When Global Buyers No Longer Visit Trade Shows but “Select Suppliers with a Click”
-
Unilever Sells Kate Somerville Brand to Rare Beauty Brands
-
Pfizer Warns Germany: Drug Pricing Could Put Investment at Risk
-
Weak Demand: Melamine Market Pressured Amid Challenges
-
Maintenance Fails to Counter Large-Scale Supply, PP Prices Fluctuate and Fall in the First Half of November