Official defends China's rare earth regulation
Updated: 2012-04-25 13:58
(Xinhua)
|
||||||||
BEIJING - A government official said Wednesday that China's moves to regulate its rare earth industry are aimed at protecting the environment and sustaining growth, pledging to actively respond to a request for consultation by western countries within the World Trade Organization (WTO) framework.
At a regular press conference, Zhu Hongren, chief engineer of the Ministry of Industry and Information Technology (MIIT), reiterated that comprehensive measures to regulate China's rare earth industry, including production caps, export quota cuts and stricter emission standards, are in line with WTO rules.
"The disorderly development of the rare earth industry has caused enormous damage to the environment," Zhu said, warning that the environment will suffer greatly if rare earth exploitation is not regulated.
He said China's regulations are created after fully considering the ability of the environment to ensure effective supplies of rare earth metals.
He added that China is willing to cooperate with foreign companies in recycling rare earth metals and developing substitutes for the metals.
On March 13, the United States, European Union and Japan teamed up to bring a joint case to the WTO over China's alleged export controls on rare earth metals, which they claim are hurting their own domestic manufacturers.
Over-exploitation has depleted China's rare earth resources over the past three decades, as the country now supplies more than 90 percent of the world's rare earth metals.
Its rare earth reserves have dropped sharply to about one-third of the world's total, compared to 90 percent 30 years ago.
- Relief reaches isolated village
- Rainfall poses new threats to quake-hit region
- Funerals begin for Boston bombing victims
- Quake takeaway from China's Air Force
- Obama celebrates young inventors at science fair
- Earth Day marked around the world
- Volunteer team helping students find sense of normalcy
- Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |