Streamlining Export Licenses
China's Ministry of Commerce said it will streamline licensing procedures for rare earth exports, cutting review times to facilitate legitimate trade. Spokesperson He Yongqian assured that all compliant export applications for civil use will be approved swiftly.
Legal Safeguards
The controls are a legal measure to prevent illicit uses—like in weapons of mass destruction—and to safeguard both national and global security. Beijing notified relevant countries and regions in advance and is now in talks to ensure smooth implementation.
China–US Tensions
He Yongqian expressed strong dissatisfaction with recent US measures, including expanded entity-list restrictions and extra port fees on Chinese ships after a Section 301 probe. She warned these steps could disrupt global supply chains, drive inflation in the US, and harm competitiveness and jobs in shipping and shipbuilding.
Looking Ahead
Amid ongoing trade discussions, China urges the US to correct its unilateral measures and is ready to engage in equal dialogue based on mutual respect to address shared concerns.
Reference(s):
China to optimize rare earths controls, facilitate legitimate trade
cgtn.com
