Mineral resources are non-renewable resources, due to its limited reserves, China has strengthen the control of it in recent years. It is an important material basis for the development of social production, and production and life of modern society have already cannot separate with mineral resources. Moreover, China is currently in the mid-industrialization, the demand of mineral resources is increasing. China Mining News reported that the Ministry of Land and Resources of the People’s Republic of China made it clear in the near future that China will further strengthen the exploration and protection of important mineral resources. Land and Resources issued the “Land Resources ‘Thirteen Five’ Plan” which focus on the implementation of effective control of mining tungsten, rare earth ions, etc., strictly limiting the development of minerals and tailings resources which cannot be reasonably used, so that it can avoid the destruction and the waste of resources. Strictly managing development access of mineral resources, improving entry barriers of environmental protection, technology, investment, efficiency of resource use and others.

Although China is one of the biggest tungsten ore reserves countries in the world, but because of irrational exploitation and utilization, leading to the depletion of mineral resources. This regulation has the impact on the tungsten market. On the one hand, it would limit the production of the tungsten heater to a certain extent, and now it can ease the problem of oversupply of tungsten market. On the other hand, this plan can improve the development and utilization of mineral resources, protection China’s mineral resources. With the development of China's industrialization process, environmental pollution has also increased year by year, haze, acid rain and other natural disasters annually cause some damage to economy and the environment. This strengthening of controls will slow down the pollution of the environment to some extent.

After two meetings of tungsten enterprises in November, 2015 and February, 2016, the third meet whether it can further improve the tungsten market in June 7 was attracted much attention by public. The meeting was held in Chaozhou, enterprises who attended the meeting own more than 27 tungsten mine, and the production of tungsten concentrate is more than 50% of domestic production, so the market is accustomed to call these eight tungsten mining enterprises as "Eight Tungsten Enterprises". Recently, economic situation in China is in a depressed state, and tungsten market is also in turmoil. China's mainstream tungsten enterprises have been facing serious losses and the loss of strategic raw materials for 2 years. During this period, China's mainstream tungsten enterprises continue to take positive action to keep market stability, which save the critical situation of tungsten market.

The convening of the meeting could help restore confidence of private tungsten enterprises, and the leading of those large tungsten enterprises will directly has a significant impact on the private enterprises. Some effective policies put forward in the meeting, such as limited production, support value, restricted sales and other measures, which will greatly save the current sluggish state of the market. Eight tungsten enterprises reached an agreement in this meeting agreed to make that would reverse the declining situation of tungsten market.

As a national rare earth resource, China will introduce some relevant policies for tungsten, continuing to promote the steady development of tungsten market. The volume of tungsten has been continuing to reduce for a long time. This the third meeting likes fuel delivered in the snow, tungsten prices are expected to rise to a certain extent, but the possibility of a sharp rise is relatively small. Prices of tungsten heater and other related products will also increase. All in all, these three meetings will directly promote the future development of the tungsten market.