Chinese government white paper on “China’s rare earth situation and policy”

China accounts for about 23% of the world’s total reserves of rare earth resources to undertake the supply of more than 90% of the world market

Published in 2012 by the Chinese government white paper on “China’s rare earth situation and policy”, points out that China accounts for about 23% of the world’s total reserves of rare earth resources to undertake the supply of more than 90% of the world market. At the same time, with abundant rare earth resources of the United States and other western countries, no exploitation of rare earth for themselves, but a large number of imports of rare earths from China. For this situation, many overseas analysts pointed out that it is not reasonable, sustainable market arrangement, need to adjust and change.