WTO agreed that China's rare earth export tariffs in violation of regulations
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- Category: Rare Earth News
- Published on Tuesday, 29 October 2013 14:19
- Written by HJF
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Recently, the Japanese media reported that the World Trade Organization (WTO) dispute settlement panel has preliminary support for Japan, the United States and the European Union on Chinese control of rare earth export tariffs violate WTO rules opinions.
Press the " China Accession Protocol " agreement , China exported products should be abolished for all taxes , unless expressly provided . Annex lists 84 kinds of products specified rate . Wherein the rate of about 10% of rare earth . This should be the duty of the highest standards for collecting rare , but exceptions .
And in 2012 , China's rare earth export tariffs of 25%. Europe and Japan and China on the issue of differences in the rare earth have been carried out for several years. China has always insisted that the excessive production of rare earth will cause damage to the environment , hinder the sustainable development of rare earth industry .
In certain cases, WTO rules allow member states export controls , one of which is out of non-renewable natural resources protection. But Europe and the United States suggested that if indeed out of this consideration , both inside and outside China 's restrictive measures should be treated equally, also applied to China 's domestic production.
In this regard, Xiamen University, China Energy Economic Research Center Lin Boqiang said that , not so exaggerated . On the one hand , the Japanese media reports have not been officially confirmed , even if true , it would not cause much impact on China's rare earth industry , particularly strategic resources in their own hands , is not wrong ; hand , the status quo, for their own protection and so on, not short-term quota system should be abolished .
Outside WTO panel is expected to consult the views of interested parties in mid-November at the earliest after issue its final report . If the parties are not satisfied with the report to the WTO 's highest court appeal.
Rare earth industry an authoritative source , the decision against China , but the results expected. Next, China will further complaint .
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Reported that the WTO preliminary ruling Chinese control of rare earth export tariffs violation
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- Category: Rare Earth News
- Published on Tuesday, 29 October 2013 14:17
- Written by HJF
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According to reports , the World Trade Organization (WTO) dispute settlement panel has been initially supported by Japan, the United States and the European Union on Chinese control of rare earth export tariffs violate WTO rules opinions. WTO panel has been submitted to China a preliminary decision that China 's rare earth export tariffs violated in 2001 to join the World Trade Organization commitments. The report quoted industry sources, the next step may be to fight China 's exports first release of some varieties , such as light rare earth export management to some extent liberalized, but the heavy rare earth is still the implementation of conservation policies .
As of now , according to " China's accession to the Protocol " agreement , China exported products should be abolished for all taxes , unless expressly provided .
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MIIT earth "fighting rule not" work will be routine
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- Category: Rare Earth News
- Published on Tuesday, 29 October 2013 09:12
- Written by HJF
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Yesterday, the National Director of the Office Jia Yinsong revealed that rare earth , rare earth joint " anti" special action first phase of local self-examination has been accomplished in the summary results will supervise the handling of future work will be fighting rule non- routine .
Since August this year , in conjunction with the Ministry of Public Security and other seven ministries and local government joint campaign against rare earth production , mining , illegal distribution and other aspects of the special action , the time for August 15 to November 15 . According to the original plan , the rare earth crackdown specifically divided into three phases , namely, self- phase provinces , departments, joint inspection phase, rectification work summary stage .
China Nonferrous Metals Industry Association, Chen complete training provided data show that from January to August , China's major rare earth mining, smelting enterprises realized main business income of 45 billion yuan , down 14.9% , fixed assets investment 6.2 billion yuan , up increase of 19.2 percent , import and export trade of rare earth industry $ 1.4 billion , down 39.4% .
CHEN Quan training analysis , rare earth ( RE industry research report ) main business revenue , import and export trade declined , mainly due to falling prices of rare earth products at home and abroad impact , output and export volume does not shrink , and the rare earth metals and oxides also there was a substantial growth in exports . However, the current development of rare earth industry quality and efficiency is not high.
Data show that from January to August , rare earth mining, smelting enterprises realized profits of only 3.2 billion yuan , down 62.1 percent . CHEN Quan Xun said that the current development of China's rare earth industry, the extensive mode of resource utilization efficiency is not high , separation, smelting serious excess capacity , high-end application development lags behind, severe ecological damage .
In this regard , the Ministry has proposed the formation of large rare earth industry groups and to encourage corporate mergers and acquisitions , to resolve overcapacity phenomenon.
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Rare Battle: WTO do not "pull side frame"
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- Category: Rare Earth News
- Published on Tuesday, 29 October 2013 09:16
- Written by HJF
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"The Middle East has oil , China has rare earth ." Petroleum Exporting Countries (OPEC) on oil exports to take a quota system in Europe and America without objection , Japan honestly follow ; to protect the environment, combating smuggling and to ensure sustainable development of industry , China's rare earth export quota system to take the same , but the Western and Japanese protest appeal WTO (WTO). Recently there have been news that , WTO considered that the appeal reasonable -
October 26 , Japan's " Industry News" reported that in the U.S., EU and Japan jointly sued China " undue restrictions on exports of rare earths " issue , WTO dispute mechanism summary of the " Interim Report of the United States and Europe generally considered reasonable demands " and advised " Chinese rectify misconduct . "
" will be introduced in late November, the final report is not expected to overturn the judgment, United States and Europe may favor on this issue . " the report said , " In the WTO trade disputes the idea prevailed against the United States and Europe , which means that China 20 years to date resources diplomatic strategy to stall. "
"I did not so exaggerated . " Xiamen University, China Energy Economic Research Center Lin Boqiang ," International Finance , "told reporters , " On one hand , the Japanese media reports have not been officially confirmed , even if true , it would not cause much impact on China's rare earth industry , in particular, the strategic resources in their own hands , is not wrong ; the other hand, status quo, for their own protection and so on, not short-term quota system should be abolished . "As of " International Finance "reporter writing, including the Ministry of Commerce , Ministry of Industry and other ministries has not released information about the rare earth litigation , WTO also did not release information.
WTO preliminary ruling against China
For China 's export of raw materials . 2009 trade war " rampage " of the occasion , the U.S. and the EU in the WTO trade disputes within the framework of China made the request , accusing China 's bauxite , coke, fluorspar , magnesium, manganese , silicon metal , silicon carbide, yellow phosphorus and zinc and other 9 kinds of raw materials to export quotas and export tariffs, price and quantity control , in violation of China 's 2001 accession to the WTO commitments , resulting in other countries in the steel, aluminum and other chemical products production and exports at a disadvantage.
January 30, 2012 , WTO ruling : China implemented a variety of industrial raw materials export taxes and quotas violated WTO rules and dismissed the Chinese environmental protection or supply shortages based on the preliminary ruling request an appeal .
This allows European countries caper , leaving the industry worried about China's rare earth policy , because in this area China also adopted a quota system . Sure enough , last seen in March "spreading rumors " after that year on June 27 , the United States , the EU , Japan v. China rare earth, tungsten, molybdenum, three kinds of raw materials, the WTO Dispute export management measures , formally filed to the WTO Dispute Settlement Body establishment of a panel request .
In this regard, Japan's " Sankei Shimbun" said that in Japan, the U.S. and the EU joint prosecution Chinese undue restrictions on exports of rare earths issues , WTO Dispute Settlement Body 's interim report summarizes the general finds reasonable demands of United States and Europe .
Japan's Kyodo News said , WTO presented to the interim report of the countries concerned , and to listen to China and other countries in the comments on the report , summary of the final report , plans announced during the year . Kyodo news agency said , in general, the contents of the interim report will be basically reflected in the final report.
For the Japanese media say, China has not been the official stance . "With previous experience in favor of nine kinds of raw materials , China 's exports of rare earth loses, or is not unexpected . " Lin Boqiang that , " but in general, the global trade environment, Europe is still standing better than the Chinese wind in public opinion . In fact, the adoption of a quota system , China is not the first , but not the only one . The most typical example is , OPEC country's oil exports , that is, according to a quota system . So far, Europe and the United States did not take it that matter . "
Some media said , according to " China 's WTO accession protocol " agreement, China exported products should be abolished for all taxes , unless expressly provided . Media, annex lists 84 kinds of products specified rate , which , rare earth tax rate of approximately 10%. According to the 2010 public reports, " metal neodymium ( a rare earth element ) may range from 15% to 25% , with exports of neodymium iron boron rejection rate may be increased to 20% from zero . "
Government and industry should strongly appeal
It is said that the first instance verdict WTO panel report will be released in mid-November . According to the process , the panel hearing the equivalent of " first instance ", if dissatisfied with the Panel report , China could appeal to the WTO High Commission for final decision .
"Once the results are unfavorable to China , China will certainly be carried out within the framework of the WTO complaint . " International litigator Hao Junbo ," International Finance , "told reporters , " After all, the earth is related to an important resource for national interests , rather than give up , not as fight for the greater good , to avoid greater losses. "
According to China's nine kinds of raw materials prior to the experience of an appeal , when the final results published in the WTO , WTO panel to correct the previous part of the award : quota allocation management, export licenses , export minimum price , the overall quota bidding decision invalid and so on. This avoids the Chinese experience in the field of raw materials in greater losses .
"Crown will certainly be a complaint . " a rare earth industry also ," International Finance , "told reporters , after all , China has always stressed that before the protection of the environment and the fight against smuggling, reasonable, fair and reasonable .
In fact, the Commerce Department has repeatedly said that on the rare earth issue, China policy objective is to protect resources and the environment and achieve sustainable development, has no intention of trade-distorting way to protect domestic industries . China has always respected the rules of the WTO , and actively fulfill WTO commitments. Commerce Department had also said, " China will carefully study the prosecution panel filed a request , and according to WTO dispute settlement procedures to be properly addressed. "
Last year, the Ministry of the person concerned has publicly said that China will actively responding to, and stressed that " China 's rare earth policy measures taken entirely for the protection of resources, environment and sustainable development, in line with WTO rules ."
"However, the complainant should pay attention to skills . " Hao Junbo suggested," on the one hand , if the result is true , the Chinese government departments still have reasoned to express China 's rare earth interests ; the other hand, China 's industry associations and enterprises, but also helps improve the relevant official complaint report , show their attitude. In short, is to the greatest extent possible to avoid China's exports of rare earths on the loss. "
Efforts to accelerate industry mergers and acquisitions
" Finance News" reporter who interviewed last year, too many business people and analysts bit rare , they were of the view that , once lost, China will likely open in the rare earth policy control , which means that the quota system disappeared ( without limiting exports ) , the huge interest in front of Chinese rare earth excessive and indiscriminate digging , smuggling and illegal export of such issues , or re- emerge in the market , while the rare return to the " cabbage price " possibilities are also increasing.
"This is also not conducive to China 's rare earth industry virtuous cycle of development . " the source said.
According to media reports , WTO principle, requires the elimination of export restrictions, but provides for two exemptions : "To protect people , animal or plant life or health measures " and " with the protection of exhaustible natural resource-related measures if such measures with restrictions on domestic production or consumption with the implementation . "
In this regard, Foreign Trade University China WTO Research Institute Tu Xinquan that most of China's rare earth industry meet the above requirements, but did not do the export quota and the number of domestic consumption to maintain consistency , "So China under the framework of the WTO may request to retain the rare earth export quota , while the quota extended to domestic consumption and consistent level . "
But Lin Boqiang that the long term, Chinese rare earth quotas certainly still will continue to suffer criticism. Therefore , the most fundamental strategy or " from the inside ", that govern domestic rare earth first chaos , then consider external policy .
In Boqiang view, which is very important initiative is to gradually form a large Rare Earth Group , allowing small or workshop-type rare earth enterprises has been completely eliminated or integrate completely avoid smuggling and excessive and indiscriminate digging situations.
In fact, in 2011 the State Council issued the " State Council on promoting the sustained and healthy development of rare earth industry, a number of opinions" , proposed a period of two years , " the basic form to large enterprises as the leading rare earth industry pattern ." Also this year, August 7 , the Ministry of raw materials Industry Division also issued a document , said: eight departments will organize illegal acts against the rare earth industry special action "requirement for local governments in the region overall responsibility for management of the rare earth industry , since 2013 August 15 to November 15 in the fight against rare earth mining , production, circulation of illegal special action . "
A brokerage said in a research report , led by the Ministry of earth large group program has been submitted to the State , once the program is approved , the formation of a large group of rare earth is expected to officially start .
"But the difficulty lies in the integration of local government . Related small and medium enterprises are often rare local government tax ' bulk ' . Therefore, how to coordinate the relationship with the local government , is the key to integration of rare earth . " Lin Boqiang said.
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Rare has not yet begun the second phase of crackdown
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- Category: Rare Earth News
- Published on Tuesday, 29 October 2013 09:09
- Written by HJF
- Hits: 1528
Recently, the National Office of Rare Jia Yinsong in Guangzhou " 2013 China Rare Earth Forum ," revealed that rare joint " anti" special action first phase of local self-examination has been accomplished in
Summary results will supervise the handling of illegal enterprises , promoting fighting rule non- routine work , and the establishment of an area of rare earth remediation work linkage mechanism and so on.
Since August this year , in conjunction with the Ministry of Public Security and other seven ministries and local government joint campaign against rare earth production , mining , illegal distribution and other aspects of the special action , the time for August 15 to November 15 . According to the original plan , the rare earth crackdown specifically divided into three phases , namely, self- phase provinces , departments, joint inspection phase, rectification work summary stage .
In recent years, private dug earth Luancai repeated , not only causing serious environmental pollution, but also serious pressure on the informal enterprises living space. Since no environmental costs of illegal miners , ultra low sales a tremendous impact on the market . 2011 and 2012 respectively, of rare earth mining plan mandatory 93,800 tons and 90,000 tons , but industry estimates , private mine annual production of about 200,000 tons . This leads to rare earth prices fell sharply , some of the rare earth industry, listed companies net profit decline in a row .
Chinese Society of Rare Earths who declined to be named , also known as rare earth "hitting " the first phase of municipal self- reported data is also being introduced in the Ministry of Industry , the second phase has not yet begun , " but can not say postponed , but a stage still take some time after the end of lessons . " He also said that hitting the earth will certainly run , just check the time may not be so accurate .
Insiders said that since August this year, rare earth "anti " since, as the private market supply of rare earth ore reduction , combating normalization, and the formation of large-scale systems industry group norms to control production capacity, will help rare earth prices continued to rebound.
Since August this year , the Ministry once again combined eight departments of the rare earth mining , production, circulation of illegal activities for a period of three months against the special action .
China Nonferrous Metals Industry Association, Chen complete training that year, the rare earth industry, the main business income and a decline in import and export trade , mainly due to the fall in the price of rare earth products at home and abroad , and in addition to rare earth prices fell sharply because of weak domestic and international markets , but also with " black earth " unplanned mining related .
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