Ministry of Commerce: Will Continuously Accelerate the Review of Export License Applications Related to Rare Earths in Accordance with Laws and Regulations

At the regular press conference held by the Ministry of Commerce on June 19, He Yadong, the spokesperson, stated regarding rare earth-related export issues that the Ministry would continuously expedite the review of export license applications for rare earths in accordance with laws and regulations. He Yadong, the spokesperson for the Ministry of Commerce, said that China has always attached great importance to maintaining the stability and security of the global industrial and supply chains, and has continuously expedited the review of export license applications for rare earths in accordance with laws and regulations. The country has approved a certain number of compliant applications in accordance with the law and will continue to strengthen the approval process for compliant applications. China is willing to further strengthen communication and dialogue with relevant countries on export controls in this regard and actively promote convenient and compliant trade.