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

ECHEMI 2019-06-11

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.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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