Ministry of Commerce: Continuously accelerating the review of export permit applications related to rare earths in accordance with laws and regulations.

According to the Securities Daily APP, on June 19th, the Ministry of Commerce held a regular press conference. The spokesperson, He Yadong, stated that China has always attached great importance to maintaining the stability and security of the global supply chain. The country is accelerating the review of export license applications for rare earths in accordance with the law and regulations, and has already approved a certain number of compliant applications. China will continue to strengthen the approval process for compliant applications. China is willing to further enhance communication and dialogue on export control with relevant countries and actively promote convenient and compliant trade.