Premier Wen Jiabao said he would manage exports of rare earths, but never blocked.

The national work conference on export of rare earth held in Baotou, Inner Mongolia. Vice Minister of Commerce and Deputy Representative of Zhongshan international trade negotiations at the meeting of the "conscientiously implement the State Council decision to deploy a really good job of rare earth export management," the theme of the report. Reported that rare earth is an important strategic non-renewable resources, improve the management of rare earth exports, the protection of resources and the environment, and promote industry transformation and upgrading, promote the healthy development of great significance.

Geologists recently discovered through field studies in Africa, Australia and Canada to rely on its vast area and a wealth of resources for the future development of the global economy provides the necessary material support.

At present, Chinese rare earth reserves accounted for 36% of global rare earth reserves around, but provides 90% of global rare earth supply. Ministry of Commerce, December 28, 2010 announced the first batch of rare earth export quota in 2011, was 14,446 tons. Chinese Ministry of Commerce spokesman Yao Jian regular press conference on Tuesday in the Ministry of Commerce, said China will continue to supply rare earths to the international market, in accordance with the WTO rules to manage the rare earth export quotas.