China releases white paper on China's Rare Earth industry

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The Information Office of the State Council has held a press conference to issue a white paper on China’s Rare Earth and Related Policies. Vice minister of Industry and Information Technology, Su Bo elaborated on the white paper. He also briefly introduced China’s efforts in rare earth management and the achievements that have been made.

Su Bo, vice minister of Ministry of Industry & Information says, "First, we have issued many policies and regulations, raised tax collection standards, implemented rare pollutants emission standards, and raised the thresholds for access to the industry. Second, we have carried out campaigns on rare earth production environment protection and fighting smuggling. Third, we have enhanced export management of rare earth. All these showed china’s strong sense of responsibility to itself and the world at large."