Yesterday at the 2007 International Strategic Metals Summit, Pan
Jiazhu, vice director of the Chinese Association of Nonferrous
Metal Industry, said that China hasn't given any legal status to
its rare strategic metals.
Currently, countries like the United States and Japan have all
established systems to control the export of rare metals and to
manage their strategic reserves. However, China still has no
schedule for the establishment of strategic reserves.
Pan urged competent departments to step up legislation to
provide legal support for the protection of rare metal
resources.
For more details, please read the full story in Chinese (
http://www.cnstock.com/newcjzh/06cjdt/2007-10/25/content_2681251.htm).
(China.org.cn October 25, 2007)
