Rare case of refraction China and world far and near

Recently, the Ministry of Commerce held a press conference , spokesman Shen Danyang said China's decision on cross- appeal case of China's rare earth export policy to WTO dispute settlement body .

Establish a strategic resource management system

Department of Commerce International Trade and Economic Cooperation Research Institute researcher Jinbo Song said China's presence in the institutional aspects of the introduction of comprehensive enough rare earths 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 for " strategic resource management system" made ​​a further explanation. He said that this is a package of export controls, strategic resources archive , corporate centralization 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 trading , fulfilling the highest administrative approval procedures discriminate international partners 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.

China trade, " far" and "near "

Rare lawsuit hustle for a long time , losing to China 's ended. March 26 WTO panel report released ruled export tariffs on Chinese rare earths, tungsten, molybdenum related products taken quota management measures violate WTO regulations . Coincidentally, just three months ago of $ 4.16 trillion in 2013 the total import and export 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 world trading power , our country in the international arena growing influence . However, as a World Trade Organization Organization 13 years of emerging and developing countries , the international trade arena rules of the game , not yet familiar with the ease of point .

In Jinbo Song seems to be widely used rare earth laser , solar power, electric cars , smart phones, and weapons manufacturing . At present, China is the world 's largest rare earth refining , processing and exporting countries . Rightfully should stick to our commitments to the World Trade Organization , which insists on 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 . Granted pursuant to our country can fulfill 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 country to the WTO dispute settlement mechanism proposed cross- appeal , Jinbo Song analysts believe that the Chinese apply 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 rare earth trade 80% -90 % of the world 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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The sophisticated weapons on China rare earth

At present, some of the most critical components of modern military hardware America depend entirely on the China rare earth. Laser and magnet world's most advanced weapon system in use is the rare earth metals from Chinese. For example, neodymium magnets are used to produce small missile fin system, smart bombs and satellite system, also used for hybrid power engine equipment production of naval ships in the magnet. Samarium element and cobalt mixed together, to tanks and “ aegis ” manufacturing level of ship navigation system. Ytterbium element is used in the manufacture of tanks and missile laser guidance system.

Although rare earth reserves Chinese accounted for 36% of the global total, but American reserves also many, holds 13% of global reserves, ranking the second place. However, USA found, its rivals are strict control of rare earth resources development of military need it.

In the past 10-20 years, need to USA sophisticated military system of raw materials and finished products can provide for oneself. But, then, main problems America producers is the home for commercial development, concentration of rare earth deposits can be very difficult to obtain. The rare earth elements made of metal and cause high-tech parts costs rising, so that the rare earth mining from USA to China.

Affected by the restrictions on exports of rare-earth minerals China, America Congress in 2010 September through the "revitalize the rare earth and key resources act", aims to promote re manufacturers domestic rare earth development and support local. After America, house and Senate passed the bill more. American hopes to promote American rare earth industry reconstruction has competitiveness through legislative means. America rare earth molybdenum company established suppliers (MolycorpInc. ) announced a few days ago, by the end of 2012, it is located in California rare earth mine annual production capacity increased to 20000 tons. The company also American Department of energy to apply for a loan.

However, American to revive the rare earth industry is not a cold day. America Congress's Government Accountability Office said in a statement, the establishment of a supply chain requires 15 years. And within a short period of time, American home can not be formed in refining and production of high-tech military hardware required magnets and other parts of the rare earth ability.


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Chinese WTO rare earth dispute case appeal America had also appeal

In WTO (WTO) issued a report of the expert group on the export of rare earth Chinese dispute about a month later, the Appellate Body in April Chinese respondent 25 to WTO (Appellate Body) to submit the documents.

According to the WTO Appellate Body last Friday published documents, the expert group report more than 170 paragraphs to the contrary, that report misinterpreted WTO rules and China WTO documents, and demands the appellate body rejected the Chinese &ldquo expert group report; export quota & rdquo; illegal ruling.

China announced an appeal in April 17th. Earlier, one of the rare earth case prosecution USA in 8 April, the Appellate Body appeal; the expert group in the ruling process on the evidence of the expressed dissatisfaction with.

This marks the concern of the Chinese rare earth export dispute case dispute settlement procedures in appeal procedure. Appeal only from legal interpretation angle put forward different views, not re examination, or open a new topic.

In accordance with the rules, the Appellate Body shall make a reply within 60 days, not more than 90 days time, support, modified or rejected expert group report. After that, the dispute settlement body must be accepted within 30 days, or reject the consensus based on the outcome of an appeal.

At present, the rare earth case of the other two prosecution the European Union and Japan have not followed USA appeal.

WTO released report of the expert group on Chinese rare case in March 26th, to support the most litigation of America, Japan, three party requirements, also rejected part of the prosecution claims.

Think Chinese including 17 kinds of rare earth dispute settlement mechanism of the report of the expert group (rare earths) raw materials, tungsten (tungsten) and molybdenum (molybdenum) and imposed export restrictions violation.

These three kinds of export restrictions are: raw materials of rare earth on the various forms of export tariffs, export volume of a certain time to impose quotas, as well as the raw material export enterprises access to certain restrictions.

The final report are explained, China WTO documents promises to cancel these export tariffs, and these rare earth raw materials have not been included in Annex excluded; export quota settings for the target of industrial policy, rather than the “ ” objective; at the same time, the enterprises to export power limits in violation of WTO rules.

The expert group report was published, in Europe, America, parties to make a statement. America White House Trade Representative Office (USTR) believes that the U.S. won.

Chinese Ministry of Commerce Department of treaty and law day to say, expert group recognized China take on rare earth, tungsten, molybdenum comprehensive resources and environmental protection measures, rejected the EU enterprises export quotas for export performance of Mo “ ” requirements that discriminate against foreign companies, China appreciates.

The Commerce Department said, the panel ruled the Chinese product export tariffs, quotas and export quota allocation and management measures are not in conformity with the relevant WTO rules and China joined the WTO commitments, China regrets.

China believes that, in the increasingly serious resources and environmental pressures, Chinese government in recent years to strengthen and improve the high pollution, high energy consumption, resource consumption of products integrated management, “ these management measures in line with the goal of sustainable development WTO advocated by ”.

Makiyama Hiroshi, director of the ECIPE at trade issues (Hosuk Lee-Makiyama) on the twenty-first Century economic report reporter said: “ China's successful appeal the possibility is very small. ” Makiyama Hiroshi said, the central government to solve the environmental problems through the trade restriction measures, is not consistent with the rules of WTO.

According to industry organizations China Rare Earth Society website on April 24th to the Reuters data, rare earth exports to Japan in March American and Chinese have growth, which increased 10.85% to beauty, to growing 38.21%.

Data shows, in France, Spain, Germany and Holland and other EU countries in rare earth exports also rose significantly, the United Kingdom, Austria and other countries dropped.


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In April 29, 2014, rare earth market price

Today, rare earth prices continue to steadily, rare earth and rumors again, but no formal documents; supplier spot is not much, because of lack of demand, not the high price. Supply and demand little changed, the actual market trading deserted.

Dysprosium oxide mainstream manufacturers including tax 163-165 yuan / ton, Dy Fe mainstream manufacturers including tax price 168-170 yuan / ton.

Praseodymium oxide mainstream manufacturers including tax price of 570000-580000 yuan / ton. Neodymium oxide 310000-320000 yuan / ton.

Lanthanum oxide manufacturers including tax price of 19000-20000 yuan / ton. Cerium oxide mainstream manufacturers including tax price of 20000-21000 yuan / ton.

Praseodymium neodymium oxide mainstream manufacturers including tax price of 315000-325000 yuan / ton, praseodymium and neodymium metal mainstream manufacturers including tax price of 410000-420000 yuan / ton.

Europium oxide of phosphor grade mainstream manufacturers including tax price 3950-4050 yuan / kg. Terbium oxide of phosphor grade mainstream manufacturers including tax price 3000-3200 yuan / kg.


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National tungsten and rare earth products quality supervision and inspection center accredited

The state of tungsten and rare earth products quality supervision and inspection center through the China National Accreditation (CNAS) expert review group supervisory review and expansion of the on-site assessment. The expert review group members on the basis of CNAS-CL01:2006 "the competence of testing and Calibration Laboratory Accreditation Criteria" and the relevant rules for the accreditation documents, by listening to the report, review the quality management system documentation, technical archives, ability verification records and on-site questions such as, site assessment center equipment, environmental conditions, the operation of the system, field test, personnel construction the situation.

16 new detection item this evaluation, involves 18 standards, including gadolinium iron alloy, cobalt concentrate and thulium ytterbium lutetium purity, the center has reached international recognition in the ability level. This review project, the task is heavy, is one of the centers of mass appraisal activities, by the central leadership attaches attention. Close coordination, the functional departments collaboration, in addition, pre assessment work to prepare fully, making the assessment work carried out smoothly, accuracy, guarantee the recognition results of efficiency.


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