
China approves rare earth export applications for civilian purposes
The move comes after a survey found that a number of European businesses had been or expected to be affected by China's export controls on the item.
He Yadong, a spokesman for the Ministry of Commerce, said the Chinese government has always approved export applications suitable for civilian use in a timely manner. China has also actively implemented facilitating measures such as general licenses to promote trade in dual-use goods, thus effectively safeguarding the security and stability of global industrial and supply chains.
Early last month, China announced a one-year suspension of export controls on rare earths, ultra-hard materials and other strategic resources, with the suspension set to remain in place until November 10, 2026.
A survey released by the European Union (EU) Chamber of Commerce in China on December 1 found that 60% of respondents said their supply chains expected to be “moderately” or “significantly” disrupted if China’s announced rare earth export controls were implemented. Another 13% said they would face production stoppages or slowdowns.
While 43% of respondents have yet to make a decision on how to respond to China's export controls, 36% intend to work with suppliers to develop additional capacity outside of China.
Zhou Mi, a senior researcher at the China Institute for International Trade and Economic Cooperation, said rare earth elements are critical to a wide range of high-tech industries, and emerging technologies are shaping the future of both civilian and defense sectors. It is the responsibility of major producers like China to implement appropriate controls to prevent misuse or diversion of these strategic materials. China’s decision to implement rare earth export controls is not aimed at any specific economy.
In October, in a video call with European Commissioner for Trade and Economic Security Maros Sefcovic, Chinese Commerce Minister Wang Wentao said China has continuously facilitated EU companies in this approval process.
Source: https://vtv.vn/trung-quoc-chap-thuan-cac-don-xin-xuat-khau-dat-hiem-cho-muc-dich-dan-su-10025120517585636.htm










Comment (0)