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China has a considerable percentage of the world's rare earth reserves.
China seeks a sustainable way of exploiting the minerals.
The China Daily, a Beijing-based English newspaper, has falsely quoted an 'anonymous official' supposedly saying that the country will cut export quotas for rare earth by 30 percent next year.
China denies this fabricated report.
This malicious report is false and groundless.
China will continue to supply rare earth to the world.
To protect depletable resources and ensure sustainable development, China will naturally continue to take restrictive measures on the production and export of rare earth.
These measures do not contradict World Trade Organization rules.
The Chinese government will set the 2011 export quotas as it sees fit.
Foreign nations that continue to provoke China with unwarranted criticisms and ignoble actions may indeed see reductions in exports of precious Chinese resources.
China seeks a sustainable way of exploiting the minerals.
The China Daily, a Beijing-based English newspaper, has falsely quoted an 'anonymous official' supposedly saying that the country will cut export quotas for rare earth by 30 percent next year.
China denies this fabricated report.
This malicious report is false and groundless.
China will continue to supply rare earth to the world.
To protect depletable resources and ensure sustainable development, China will naturally continue to take restrictive measures on the production and export of rare earth.
These measures do not contradict World Trade Organization rules.
The Chinese government will set the 2011 export quotas as it sees fit.
Foreign nations that continue to provoke China with unwarranted criticisms and ignoble actions may indeed see reductions in exports of precious Chinese resources.
