At a recent press briefing, the Ministry of Commerce shared that the Chinese government is set to streamline rare earths export licensing, slashing review times and rolling out new facilitation measures to boost legitimate trade 🚀.
Spokesperson He Yongqian reassured that all compliant export applications for civil use will be approved without exception, likening it to upgrading your gaming PC drivers for smoother, lag-free performance 🤩.
These controls are a standard move to stop illegal use of rare earths—such as in weapons of mass destruction—protecting both national security and global stability 🛡️🌐.
Before launching the new measures, China informed relevant countries and regions and is now in active talks to simplify procedures, making sure genuine buyers get what they need without red tape 🔄.
Alongside these updates, the Chinese government voiced strong dissatisfaction with a series of U.S. measures—from expanding the entity-list to extra port fees on Chinese ships—calling them protectionist moves that risk disrupting global supply chains and driving up costs worldwide ⚠️. China urges the U.S. to correct these practices and invites equal-footed dialogue based on mutual respect 🤝.
Reference(s):
China to optimize rare earths controls, facilitate legitimate trade
cgtn.com
