Maintaining China's Rare Earth's Global Strategic Position

On August 5, 2019, the Secretariat of China Rare Earth Industry Association held a meeting to review and understand General Secretary Xi Jinping's important instructions on the investigation and investigation of Ganzhou rare earth industry in Jiangxi Province on May 20. The General Secretary pointed out the direction for the green and efficient development and utilization of rare earth resources and the high-quality development of China's rare earth industry, industry and enterprises from the strategic overall height, and put forward higher requirements. We should earnestly study, implement and implement the important guiding spirit of General Secretary Xi Jinping in his investigation and investigation of Ganzhou rare earth industry in Jiangxi Province on May 20. We should adhere to the concept of innovation, coordination, green, open and sharing new development, stick more prominently to the innovation-driven development centered on scientific and technological innovation, and fully develop it. Give full play to the main role of enterprises in scientific and technological innovation, pay more attention to independent innovation, effectively integrate and utilize various resources, promote the integration of industry, University and research, break through key core technologies, promote the promotion of advanced practical technology, and transform achievements. Continuously adjust and optimize the industrial structure and product structure of rare earth industry. Develop the final and high-end application industries of rare earth, and effectively transform the advantages of rare earth resources into development advantages and economic advantages. At the same time, the conference also conducted in-depth analysis and Discussion on the impact of Sino-US trade friction on China's rare earth industry, industry and enterprises, as well as how to actively respond to the rare earth industry, industry and enterprises.

On May 10, 2019, the United States began to impose a 25% tariff on $200 billion of Chinese imports to the United States. Recently, the US side also announced that it would impose a 10% tariff on China's exports of the remaining 300 billion US dollars from September 1.

It is stated that the US-led Sino-US trade frictions are unilateralism, trade protectionism and trade bullying acts adopted by the United States for the purpose of containing and suppressing China, a new developing country, out of its usual hegemonic thinking and domestic political needs. There is no winner in the trade war. The practice of imposing tariffs and escalating trade frictions in the United States not only damages the interests of China, but also seriously damages the interests of American enterprises and consumers. We express our firm opposition.

Rare earth is an important strategic resource. Its characteristics determine that its important uses can be fully embodied. We should have a deep understanding of China's advantages in rare earth resources, rare earth metallurgical separation, rare earth functional materials and other aspects. After years of unremitting efforts, we should maintain our determination, firm confidence and unswervingly do a good job in the industry. As for our own affairs, we firmly support the positive response and counter-measures taken by the state against the imposition of tariffs on Chinese products imported from the United States, resolutely safeguard the core interests of the country and the fundamental interests of our people. Enterprises in rare earth industry should deeply understand the particularity of export rare earth products, scientifically grasp the initiative of foreign trade, effectively prevent risks and reduce losses. The cost of tariff imposition in the United States should be borne by the American market and consumers. We should actively participate in the construction of "one belt and one road" with the aim of "co - operation, co construction and sharing", adjust the structure and expand the opening up, and actively expand overseas markets. We will firmly rely on scientific and technological innovation, continue to promote structural reform on the supply side, better serve domestic demand and further expand the domestic market. Maintaining the strategic position of rare earth in the world. Faced with the complex and severe situation, we should work together, unremittingly and actively to achieve high-quality development of China's rare earth industry, industry and enterprises.