The Ministry of Commerce of China announced the export management of key resources such as rare earth, and requiring enterprises to fulfill its reporting obligations when exporting related products.

The Ministry of Commerce of China issued a notice on the official website on Tuesday (November 7), announcing a revision of the statistical survey system for import reports formulated in 2021, and renamed the statistical survey system of the import and export report of the Grand Protestant.

After the system is modified, the crude oil, iron ore, copper ore ore, and potassium fertilizer of imported license management will be implemented in the energy resource product catalog that implements import reports.Report Energy Resource Product Catalog.

According to the notice, when foreign trading enterprises operate with the above -mentioned products, they should fulfill the obligations of the import and export information report.The policy will be implemented from October 31 this year, until October 31, 2025.

The 14 products originally in the list include, soybeans, rapeseed, soybean oil, palm oil, rapeseed oil, soybean meal, fresh milk, milk powder, milk and by -products, beef and by -products, mutton, mutton, muttonAnd by -products, corn leather, tariff extra eaten sugar.

China announced in July and October this year that it has implemented export controls on two rare metals and some graphite products, which has aroused people's attention to whether the exports of rare earth will be similar sooner or later.

Hong Kong media analysis believes that although the above announcement is not directly controlled exports, it is a measure to strengthen the management of rare earth exports.

When Chinese Prime Minister Li Qiang presided over the executive meeting of the State Council last Friday (November 3), he emphasized that rare earth is a strategic mineral resource., High -quality development.