Videos Latest Feature Sports Your Videos
 

China to shake up rare earth industry

0 CommentsPrint E-mail CNTV, February 17, 2011
Adjust font size:

 

China is pledging to shake up its rare earth industry over the next five years. An executive meeting of the State Council, presided over by Premier Wen Jiabao, says the country will take five years to create an orderly and efficient rare earth sector.

The meeting heard China's rare earth industry has been harmed by illegal mining and chaotic exports. It's calling for a faster technology upgrade, and quicker development. The State Council also says it will establish a supervision system to improve management in the industry. It will also further crack down illegal mining and production of the rare earth while pushing forward mergers and acquisitions within the sector.

The meeting also pledged to enhance research and development in key technologies for rare earth processing.

 

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter