Source: People’s Republic of China – State Council News
An undated file phto shows the entrance to China’s Ministry of Commerce in Beijing. [Photo/Xinhua]
China has consistently placed great importance on maintaining the stability and security of global industrial and supply chains and has been accelerating the review of rare earth-related export license applications in accordance with relevant laws and regulations, the Ministry of Commerce said Thursday.
China has approved a certain number of compliant applications in accordance with the law and will continue to strengthen the review and approval of such applications, ministry spokesperson He Yadong said at a press conference when answering a question on rare earth exports.
China is willing to enhance communication and dialogue with relevant countries on export controls and actively promote the facilitation of compliant trade, He added.