June 1 this year, the State Council Tariff Commission decided to tungsten, molybdenum and rare earth metal ore products to implement a temporary export tariff of 15%. Customs Tariff Commission of the State Council Wu Rongqing Expert Advisory Committee said that from all of canceled rare earth, tungsten, molybdenum and other rare metals export tax rebates to the ever-increasing export tariffs, regulation of these changes show that the Chinese government policy of rare metals export pace.
Tungsten is known as "industrial teeth," said. The tungsten product export tariffs from 10% to 15%, which is the Chinese government since last year the 4th of tungsten export tariff adjustments.
China Tungsten Industry Association, said Executive Vice President Enters a New Stage in the reserves to reduce domestic demand, Chinese government continues to raise export tariffs, raise the threshold of tungsten exports is the trend.
China ranks first in the world reserves of tungsten, tungsten industry in the world annual consumption of tungsten resources at least 70% of the total supply from China, China's proportion of tungsten reserves begin to decline in the world. Latest data show that the basis of reserves of tungsten in the world, China 35.5%, Russia 13.5%. In the early years of statistics, China accounting for 45%.
Rare long-term follow-up study the market in Jiangxi Nonferrous Metals Industry Administration Office Rao Zhenhua said, for the precious rare metals resources, if we do not have to be restrained use, let the blind over-production and export enterprises, the shortage of resources will inevitably occur, affecting the national economy development.
Concerned that the Chinese government is frequently used tariff lever to raise tungsten, rare earths, molybdenum and other rare metals export threshold, in order to curb domestic exports Unchecked Excavation deformity, to protect these strategic resources are not over-rapid consumption.
June 1 this year, the State Council Tariff Commission decided to tungsten, molybdenum and rare earth metal ore products to implement a temporary export tariff of 15%. Customs Tariff Commission of the State Council Wu Rongqing Expert Advisory Committee said that from all of canceled rare earth, tungsten, molybdenum and other rare metals export tax rebates to the ever-increasing export tariffs, these changes show that the Chinese government export control policy of rare pace.
Tungsten is known as "industrial teeth," said. The tungsten product export tariffs from 10% to 15%, which is the Chinese government since last year the 4th of tungsten export tariff adjustments.
China Tungsten Industry Association, said Executive Vice President Enters a New Stage in the reserves to reduce domestic demand, Chinese government continues to raise export tariffs, raise the threshold of tungsten exports is the trend.
China ranks first in the world reserves of tungsten, tungsten industry in the world annual consumption of tungsten resources at least 70% of the total supply from China, China's proportion of tungsten reserves begin to decline in the world. Latest data show that the basis of reserves of tungsten in the world, China 35.5%, Russia 13.5%. In the early years of statistics, China accounting for 45%.
Rare long-term follow-up study the market in Jiangxi Nonferrous Metals Industry Administration Office Rao Zhenhua said, for the precious rare metals resources, if we do not have to be restrained use, let the blind over-production and export enterprises, the shortage of resources will inevitably occur, affecting the national economy development.
Concerned that the Chinese government is frequently used tariff lever to raise tungsten, rare earths, molybdenum and other rare metals export threshold, in order to curb domestic exports Unchecked Excavation deformity, to protect these strategic resources are not over-rapid consumption.