Rare cases of refraction China and the world, "far" and "near"

Rare US trade litigation heating up. April 17 , at a news conference held at the Ministry of Commerce spokesman Shen Danyang said China's decision on cross- appeal , " China's rare earth export policy case" to the WTO Dispute Settlement Body .

Establish a strategic resource management system

Department of Commerce International Trade and Economic Cooperation Research Institute researcher Jinbo Song in the interview with this reporter, said that the Chinese presence in terms of system introduced thorough enough rare earth and other issues, the need for further reforms. China as the world's largest trading nation , should establish a positive image for the maintenance of international rules , international responsibility to maintain a clear understanding , in accordance with international rules . Based on our current urgent need to establish a national security , economic security, rare earth and other " strategic resource management system ," and this must be an international rule , largely in line with WTO rules system .

Jinbo Song explained the " strategic resource management system ." This is a set including export controls, strategic resource archiving , enterprise centralized mining, smelting , refining , industrial development and manufacture of high-tech materials to build sales market order and establish a global trading center market , denominated in RMB and a 24-hour spot and futures transaction and fulfill the highest administrative examination and approval procedures , international partners distinction hierarchy . Establish and improve this system , not only can protect and make good use of our precious resources , the development of domestic high-tech materials industry , important for the future development of China's military and civilian industries leave some leeway , you can establish with the United States , Japan, Europe and so on and so on , flexible, differentiated partnership. Jinbo Song made ​​the remarks in an interview to comment on China's rare earth litigation .

China trade, " far" and "near "

Rare lawsuit hustle for a long time , losing to China 's ended. World Trade Organization (WTO) announced March 26 panel report , ruled that China's rare earth export tariffs , tungsten, molybdenum related products taken quota management measures violate WTO regulations. Coincidentally, three months ago , just in 2013 of $ 4.16 trillion of total imports and exports of goods achievements won the title of world trade superpower . Between a happy one sad , get a glimpse of China in the field of trade and the world stage "near " and "far ."

As a budding global trading power , China's influence is growing in the international arena . However, as a 13-year WTO accession emerging developing countries , the international trade arena rules of the game , yet familiar to the ease of the point .

Under normal circumstances , our media will be interpreted as a strategic resource of rare earth . Indeed, such a definition is not accurate.

Jinbo Song suggested " strategic resource " It can be concluded that while China has the world's scarce relative , absolute advantage resource reserves , and can be difficult to replace dual-use rare earth resources and other mineral resources. To meet the definition of resources should be included in the " list of strategic resource management ," in line with international rules establishing strategic resource management system , the implementation of special management .

In Jinbo Song seems to be widely used rare earth laser , solar power, electric cars , smart phones, and weapons manufacturing . Currently, China is the world's largest rare earth refining , processing and exporting countries . China rightfully should stick WTO commitments , adhere to WTO rules . There are exceptions to the WTO principle of security , leading the United States pursuant to the Convention signed the Wassenaar participating countries to implement export controls on China openly , explicitly prohibits exports to China . China may also be granted pursuant to the national implementation of the Wassenaar Convention, such as the United States, Japan and other countries to implement export control regime. " Unfortunately, we do not improve this system. Another example is the U.S. strategy for archiving can be implemented , the strategy of course also be archived on the implementation of strategic resources . " Jinbo Song said .

For our April 17 cross- appeal to the WTO Dispute Settlement Body, Jinbo Song analysts believe that China's application for the second trial , the second trial on the conclusion does not rule out some adjustments.

" cards " need to comply with international rules

Jinbo Song stressed that the domestic rare earth industry needs to clear three principles , in accordance with international rules , " the cards ."

First, a clear ownership of resources . All foreign mineral resources are privately owned , the ownership of clarity . However , China's resource ownership is not clear , it should be clear ownership and exploitation rights and free enterprise resource holder the right to actively implement the principle of freedom of trade and investment with the relevant WTO rules .

The second is a strategic resource archive . Should learn to act in accordance with international rules . The United States currently no taxes on exports of rare earths , and we should not be taxed on the export of rare earths , the U.S. imposed sequestration strategy , we can implement strategies archived.

Third, the security principles . There are national security , economic security concept internationally. WTO believes that security policy is the exception. This principle is also applicable to China . China should set up a bill in view of national security , export controls on dual-use items . Wherever possible for resources , exports of military technology , including some of the rare earths can be used for military , our country can justifiably prohibit exports.

Jinbo Song said the world's rare earth trade 80-90% rely on China , so China should actively seek the right to speak Rare transaction . He also suggested that , first , the rare earth resources through fair trade , concentrated in a small number of enterprises ; Second, the Stock Exchange , the implementation of spot and futures trading 24 hours , the world contribute to the development of free trade ; Third , you can also consider using RMB, to promote cross-border trade in RMB .

" However , to achieve international discourse rare earth and other strategic resources transactions, the need to develop a set of supporting the program , which is not easy. " Jinbo Song says.


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