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Ministry 'ready' to face rare earth push (3)

By Ding Qingfen and Li Jiabao  (China Daily)

09:31, February 01, 2012

US President Barack Obama said in his State of the Union address last month that the US was setting up an enforcement unit to crack down on unfair trade practices.

After the rare earth export quota decreased slightly to 30,184 tons last year, the government said that the quota for this year will remain unchanged to maintain stability of supply.

The Ministry of Commerce statement reiterated that China has tightened administration of energy-consuming and polluting resources in recent years.

"The WTO should not only uphold free trade but also allow members to take necessary steps to protect the environment and natural resources," the statement said.

China will evaluate the WTO ruling and continue to enhance scientific administration of resource products based on WTO rules to realize sustainable development, it said.

"The raw material ruling will not come into effect until the end of this month, and China will decide how to implement the ruling then," Yu said.


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