消息人士：中方正研究收紧对日稀土出口许可审查

Core Viewpoint - The Chinese government is considering tightening export license reviews for medium and heavy rare earth elements due to Japan's recent poor performance, which could significantly impact Japan's economy and its reliance on Chinese supplies [1][2]. Group 1: Export Control Measures - On April 4, 2025, China will implement export control measures on seven categories of medium and heavy rare earth elements, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium, as per the Export Control Law of the People's Republic of China [1]. - The Chinese Ministry of Commerce has previously stated that Japan's political actions have severely damaged Sino-Japanese relations, and if Japan continues its current stance, China will take necessary measures, with Japan bearing all consequences [1]. Group 2: Economic Impact on Japan - According to Nomura Research Institute, if China restricts rare earth exports to Japan for three months, it could result in approximately 660 billion yen in losses, leading to a 0.11% decline in both nominal and real GDP [2]. - If the export restrictions last for a year, the estimated loss could reach 2.6 trillion yen, resulting in a 0.43% decrease in nominal and real GDP [2].