据商务部网站6月7日晚间消息，有记者提问：近日，许多国家对中国稀土出口管制措施表达关注，请问中方将采取哪些措施回应各方关切？ 对此，商务部新闻发言人表示，稀土相关物项具有军民两用属性，对其实施出口管制符合国际通行做法。中国依法对稀土相关物项实施出口管制，目的是更好维护 国家安全和利益，履行防扩散等国际义务，体现了坚持维护世界和平与地区稳定的一贯立场。 商务部新闻发言人就中重稀土出口管制措施答记者问。 商务部新闻发言人称， 我们也注意到，随着机器人、新能源汽车等行业发展，各国对中重稀土在民用领域的需求量正持续增长。中国作为负责任的大国，充分考虑 各国在民用领域的合理需求与关切，依法依规对稀土相关物项出口许可申请进行审查，已依法批准一定数量的合规申请，并将持续加强合规申请的审批工作。中方 愿就此进一步加强与相关国家的出口管制沟通对话，促进便利合规贸易。 据商务部网站早前消息，6月3日，商务部部长王文涛与 欧盟委员会贸易和经济安全委员 谢夫乔维奇在巴黎举行会谈。双方围绕欧盟对华电动汽车反补贴案、中国 对欧盟白兰地反倾销案、出口管制等 紧迫而重要的议题进行了专注、坦诚、深入的讨论，并责成双方工作团队加紧努力工作，为中 ...

Core Viewpoint - The Chinese government emphasizes the necessity of export controls on rare earth elements due to their dual-use nature, aiming to safeguard national security and fulfill international obligations while maintaining a commitment to global peace and regional stability [1] Group 1: Export Control Measures - The Chinese government has implemented export controls on rare earth elements, aligning with international practices to protect national interests [1] - The purpose of these controls is to better maintain national security and fulfill non-proliferation obligations [1] - China is open to enhancing communication and dialogue with relevant countries regarding export control measures to facilitate compliant trade [1] Group 2: Demand for Rare Earth Elements - There is a growing demand for medium and heavy rare earth elements in civilian sectors, driven by the development of industries such as robotics and electric vehicles [1] - China, as a responsible major power, considers the reasonable needs and concerns of other countries in the civilian sector when reviewing export license applications [1] - A certain number of compliant applications for rare earth exports have already been approved, with a commitment to continue strengthening the review process for compliance applications [1]

Core Viewpoint - China's export control measures on rare earths are seen as a response to international norms, while Western companies express concerns over a "rare earth crisis," misinterpreting it as a trade weapon against the U.S. [1] Group 1: China's Dominance in Rare Earths - China holds a dominant position in the global rare earth processing sector, controlling over 92% of the processing stage and more than 60% of global rare earth production in 2023 [4][2] - The U.S. Geological Survey reported that from 2020 to 2023, 70% of the rare earth compounds and metals imported by the U.S. came from China [4] - Analysts indicate that despite Australia having rich mineral reserves, it is not prepared to challenge China's dominance in rare earth processing [1][4] Group 2: Australia's Response and Challenges - Australian Prime Minister Albanese pledged to invest AUD 1.2 billion (approximately CNY 5.6 billion) to establish a strategic reserve for critical minerals, including rare earths [1] - Australia is the largest producer of lithium and cobalt, but its refining and export capabilities for rare earths remain limited [6][4] - Experts warn that even with increased investment, Australia will still rely on China for rare earth processing until at least 2026 [6][4] Group 3: Implications of Export Controls - China's recent export controls on key minerals, including gallium and germanium, could impact U.S. military production across over 1,000 weapon systems [4][6] - Analysts suggest that if Australia aligns too closely with Western interests, it may expose its weaknesses in rare earth processing to Chinese retaliation [6][7] - The introduction of a tracking system for rare earth exports by China aims to monitor production and trade, indicating a tightening of control over the sector [7]

Group 1 - The latest survey by the American Chamber of Commerce in China indicates that U.S. tariffs on China have put many American companies operating in China in a difficult position, with most not planning to return manufacturing to the U.S. [1][3] - The survey, conducted from May 23 to May 28, received responses from 112 American companies across various industries, highlighting the increasing complexity of doing business in China due to escalating trade tensions [1][3]. - Despite challenges, the majority of surveyed companies are localizing operations or shifting some production to third countries, with no companies reporting plans to move production back to the U.S. [1][3]. Group 2 - The survey results reveal that American companies are caught in the trade conflict, facing pressures from both the U.S. and China, including tariffs and export controls [3][4]. - The potential impact of China's rare earth export controls is significant, with 75% of affected companies indicating their inventory will be depleted within three months [3][5]. - Foreign brands with overseas operations, such as Lululemon, are also suffering from U.S. tariffs and economic slowdown concerns, leading to a downward revision of profit forecasts and a stock price drop of over 20% [3][5]. Group 3 - China's export controls on rare earth magnets are seen as a disruption to the core supply chains of global manufacturers, particularly in the automotive and aerospace sectors, with China accounting for nearly 70% of global rare earth production [5][4]. - Major automotive companies are reportedly considering relocating some production to China to mitigate potential production delays and disruptions caused by these export controls [5][4]. - The ongoing trade tensions have led to increased uncertainty and instability in U.S.-China economic relations, affecting global supply chains and trade flows [7][6].

Group 1 - The rare metals ETF has shown significant liquidity with an intraday turnover of 1.26% and a transaction volume of 11.3755 million yuan, leading in average daily trading volume over the past year at 35.5328 million yuan [3] - The rare metals ETF has experienced a notable scale increase of 36.6231 million yuan over the past week, ranking first among comparable funds, with a share growth of 12.6 million units [3] - The index tracked by the fund, the CSI Rare Metals Theme Index, is currently at a historical low valuation with a price-to-book ratio (PB) of 2.16, which is lower than 87.41% of the time over the past five years, indicating strong valuation attractiveness [3] Group 2 - Following China's implementation of export controls on medium and heavy rare earths, overseas prices have surged, leading to a widening price gap between domestic and international markets [3] - Domestic rare earth prices are believed to be at the bottom of a major cycle, with expectations for a continuous upward shift in price levels due to the current destocking phase and overseas demand for replenishment [3] - The top ten weighted stocks in the CSI Rare Metals Theme Index account for 54.9% of the index, including companies like Salt Lake Co., Northern Rare Earth, and Ganfeng Lithium [4]

Group 1 - China's export control on rare earths is causing a production crisis for Western high-end manufacturing, particularly in Europe [1][3] - The European Union Chamber of Commerce has warned that manufacturers may run out of necessary materials within days due to China's restrictions [1][3] - China's Ministry of Commerce has hinted at a potential easing of export controls to Europe, emphasizing the importance of cooperation in the global semiconductor supply chain [3][5] Group 2 - European manufacturers rely heavily on Chinese rare earths for various industries, including electric vehicles, military applications, and semiconductor equipment [5][3] - The current "one batch, one certificate" policy in China has led to a backlog of thousands of license applications for rare earth exports [5][6] - The U.S. is reacting negatively to China's potential easing of export controls, with the U.S. Department of Commerce suspending certain licenses for American companies to sell products to Chinese manufacturers [6][7] Group 3 - The U.S. is particularly focused on the engines of China's C919 aircraft, which are critical for its development [7][10] - Despite the U.S. concerns, alternatives to the C919's engines exist outside of the U.S. market, indicating that sanctions may backfire [10]

Group 1 - The core viewpoint of the article highlights the significance of the recent phone conversation between U.S. President Trump and Chinese President Xi Jinping, focusing on trade issues, particularly regarding rare earth export controls and the status of Chinese students in the U.S. [1][2] - The conversation lasted for one and a half hours, resulting in positive conclusions for both countries, with Trump indicating that the issue of rare earth export controls should be resolved [1][2] - Both leaders expressed interest in future visits, with Xi welcoming Trump to China and Trump suggesting a visit to the U.S. [1] Group 2 - The article mentions that the U.S. government had previously announced the cancellation of some Chinese student visas, but Trump reassured that the U.S. welcomes Chinese students to study in America [2] - The first round of ministerial-level consultations took place in Switzerland on May 10-11, where an agreement was reached to mutually reduce tariffs by 115% [2] - Xi emphasized the need for both sides to adhere to the consensus reached and urged the U.S. to reconsider its negative measures against China [2]

Group 1 - The EU is lobbying China to establish a special channel for expedited approval of rare earth export licenses amid rising protectionism [1][2] - The U.S. and EU's protectionist measures are causing significant pressure on their industries, particularly in the automotive sector, due to China's strict rare earth export controls [3][4] - China has been strategically consolidating its rare earth industry since 2011, leading to a more optimized supply structure [4][6] Group 2 - China is expanding its rare earth industry into high-value downstream products, transitioning from primary products to critical manufacturing materials [5][6] - By 2024, China is projected to dominate global rare earth supply with shares of 68% for rare earth ores, 88% for rare earth oxides, and 92% for rare earth metals [6][8] - The complete rare earth supply chain in China positions it as a key player in the global market, especially as demand surges in sectors like electric vehicles and high-tech applications [10][12] Group 3 - The demand for rare earth elements is expected to rise significantly due to the explosive growth in the electric vehicle market, with projections of 17 million units sold globally by 2024 [12][13] - The U.S. military's reliance on rare earth elements for advanced weaponry highlights the strategic importance of these materials [16][18] - The increasing use of rare earth materials in humanoid robots and other high-tech applications further emphasizes the critical nature of these resources [20][21] Group 4 - China's recent export controls on rare earths are seen as a necessary response to an increasingly unequal international trade environment, aiming to protect its own interests [22][23] - The global shift towards green technology and smart revolution underscores the strategic significance of rare earth materials in future industrial competitiveness [22][23]

编 译 / 张霖郁 设 计 / 琚 佳 来 源 / Wa l l S t r e e t J o u r n a l 随着中国在稀土等关键矿产领域实施出口管制，全球四家车企正竞相寻找突破办法，因为他们担心 因"缺稀"将导致几周内关闭部分汽车生产线。 据华尔街日报报道，知情人士称，一些传统车企和部分新势力企业以及供应商正考虑将部分汽车零 部件生产转移到中国，以避免工厂关闭。 今年5月，代表大多数主要汽车制造商和零部件供应商的行业组织告诉特朗普政府，如果没有更多 来自中国的稀土零部件，汽车生产可能会减产或立即停止。 将未完成的部件运送到半个地球之外去安装一块巧克力大小的磁铁，将增加制造成本和时间，但这 些公司认为，这或许是关闭部分生产线之外的唯一选择。但此举可能会让汽车制造商面临额外的关 税，尽管如此，行业高管认为，这总比停产关门要好。 汽车公司也正寻找欧洲和亚洲的磁铁替代来源。一位公司高管表示，这些来源都无法提供足够的磁 铁来满足美国汽车行业的需求。 目前汽车行业正考虑的几种方案显示了美国在这一磁铁方面对中国的依赖程度。中国控制着几乎所 有将稀土原料转化为可用形态的精炼能力，分析人士表示，中国拥有从周围岩石中分 ...

中国政府今年4月对七类中重稀土元素及若干磁铁实施出口限制，要求出口商申请许可。据路透社报 道，知情人士最新透露称，中国已在稀土磁铁行业全面启用追踪系统，要求稀土磁铁生产商在线申报更 多信息，包括交易量及客户名称。 报道称，自中国暂停稀土出口后，许可证的发放一直进展缓慢——4月中旬，中国向欧洲企业发放了少 量许可证，上周又向几家美国公司发放了一些，但全球供应正在急剧萎缩。报道提到，一些稀土磁铁制 造商在等待出口许可期间暂停生产，这种持续数周的生产空档正向供应链下游传导，可能很快影响到制 造商。 《纽约时报》援引专门研究中国的汽车咨询师迈克尔·邓恩的话称："中国可能让美国的汽车装配厂陷入 瘫痪。" 【环球时报记者 倪浩 环球时报驻德国特约记者 青木】路透社5日引述知情人士的消息称，中国已针对 稀土磁铁行业引入追踪系统，这是自今年4月中国对稀土相关物项实施出口管制以来，进一步收紧对这 一战略资源的出口管制。多家外媒近日报道称，稀土全球供应正在萎缩，一些国家担忧汽车等行业的生 产受到影响，为此倍感焦虑。 路透社称，最新审查机制显示，中国对稀土及磁铁产品的出口管制可能正朝着常态化方向发展。 外媒提到，中国是全球最大的稀 ...