Rare policy does not have to have "valuable commodity" thinking

Recent World Trade Organization (WTO) ruled that China 's rare earth export quota policies implemented in violation of trade rules , although China can continue to appeal, but preliminary results actually expected, little leeway appeal . The result of this lawsuit immediately raised in the country and the entire quota of rare earth rare earth industry policy controversy. According to reports, there are companies complain that a dollar of rare earth materials , domestic roughing up to sell 10 yuan , 20 yuan , made ​​after the products to Europe , it is necessary to spend 1,000 yuan to buy it back.

Rare has been our cherished resources, has proven reserves of more than 40% of the world's total reserves , Deng Xiaoping said "The Middle East has oil , China has rare earths " are often cited , but the current industrial policy and did not take to the efficient use of rare earth resources , but also did not give Chinese companies a competitive advantage internationally . Because in the global industrial chain position occupied by low-end China's rare earth export prices for low pricing , which raises the valuable resources to buy a "cabbage price" complaints.

China's rare earth industry is the external market oriented, about 60% per year of rare earth production for export, mainly to developed countries . The initial reason for setting export quotas to protect resources and regulate the export order, but not only did not play this role , but was used as a criticism of Chinese foreign and even render China " does not abide by the rules ," and even "threat " of weapons. The biggest failures of the quota system or at home. Because of the export quota of qualified enterprises rigorous audit , resulting in increased transaction costs , but also created a rent-seeking space, such as export quotas index traded prevalent. The allocation of quotas qualification there are circumstances favor state-owned enterprises , which forces those who are not qualified rare earth quota production and operation of enterprises to adopt extrajudicial methods to stimulate private indiscriminate digging and smuggling phenomenon prevalent.

As the supply of the domestic market surplus of rare earth , rare earth enterprises generally inefficient low-end competition , and scattered small-scale enterprises , and this production is accompanied by extensive environmental pollution is increasing . Theoretically, the only way is the production of rare earth industry consolidation and intensive management , to achieve industrial upgrading, only to come out of the plight of primary production resources and products , development of deep processing and high value-added products . In 2011 the State Council promulgated the " Opinions on Promoting the sustainable and healthy development of rare earth industry ," known as the " State 22 " , from the aspects of resource development, production and processing, product application , production technology, intensive development of rare earth industry to regulate rectification. However, industrial upgrading is not possible to " haste makes waste " means to achieve , but only in order to promote market-oriented approach , but also to guard against the risk of a monopoly of state-owned enterprises to integrate the name of the rare earth production, processing and exports. In the right direction is to give state-owned and private enterprises equal treatment of rare earth , encourage foreign investment in the restructuring of China 's rare earth industry , particularly in the deep-processing products and technology innovation to market its own survival of the fittest to achieve industrial integration upgrades.

According to reports, the country was initially intended to use in the WTO proceedings during the ongoing promotion of rare earth industry consolidation , to achieve greater scale and strive to improve pricing power . Industrial transformation but left less and less time . If the current supply and demand on the international market, as well as rare earth production level of Chinese enterprises, China's ability to determine the use of rare earth there is no " supply oligarchs" position to profit , it may wish to exclude the rare regarded as a valuable commodity , and seen as normal goods , cancel the artificial setting of export quotas and qualifications of enterprises , to achieve a completely open market access on rare earth exports from production to the whole industry chain , to the fierce competition in the market to stimulate all types of enterprises Lianhaoneigong achieve products and upgrading technology. After China 's rare earth industry and other really strong , and then seek to play a " rare big country" talent advantage is not to late evening .


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