Xiao Yaqing, Minister of Industry and Information Technology of China today (March 1), said that China is a rare earth and the most exported to China in the world.However, because of vicious competition and bidding for prices, China has only sold the price of "soil" in rare earths in China. It has not sold the price of "rare" and wastes valuable rare earth resources.

According to Reuters, Xiao Yaqing stated at the National New Office of the National Office that it issued a rare earth management regulations in January this year.The purpose of norms and norms is to make the market a decisive role in allocating resources.

"There is a phenomenon worthy of our attention. We did not sell the price of 'rare' in rare earth.

After the Minister of Industry and Information Technology stated that China's rare earth only sold the price of "soil", the concept stocks of China's A -shares rare earth rose.

When talking about the problems of the existence of China's rare earth industry, he said that now the disorderly mining and waste of resources, some only use the richest one. The Chinese dialect is called "digging cabbage heart".After taking away, the comprehensive utilization efficiency of resources is very poor. In the long run, it has been used for several years, and there will be problems with comprehensive utilization of resources.

Moreover, there are many low levels of rare earth development, and high -level rare earth products are indeed relatively small, which is not conducive to technological innovation and technological progress.

He emphasized that economic globalization is a major trend, and everyone needs to work together to jointly meet the needs of resources, energy, and products in the process of economic development and market development.The problem promotes the further, healthy and sustainable development of the rare earth industry.

China's rare earth exports fell to five years in 2020. Previously, the new crown epidemic impacted overseas demand, and more supply was used for domestic industries.