Chinas economic planner seeks advice on rare earth industry

Chinas economic planner seeks advice on rare earth industry

BEIJING,June4(Xinhua)--TheNationalDevelopmentandReformCommission(NDRC)heldaseminarTuesdaytosolicitadvicefromindustryexpertstopursuehigh-qualitydevelopmentofthecountry,participatingexpertsrevealedproblemsrangingfromunauthorizedexploitationandproduction,inefficientenvironmentalprotection,totheinsufficientutilizationoftherareresource,accordingtoastatementoftheNDRC,Chinasrareearthproductsaremiddle-andlow-endproducts,andthevalueoftheresourcehasbeenfarfrombeingfullyexploited,,theyadvisedmarketregulatorstostrengthenall-roundsupervisionoftherareearthindustry,straightenouttheproblemsinproduction,crackdow-besupported,whileindustrialtransformationfromextensiveexpansionbasedontheresourceconsumptiontoinnovation-powereddevelopmentshouldbequickened,ilitiesandtechnicaladvancementandcultivatecompetitiveadvantagesfromitswholeindustrialchain,,officialswiththeNDRCsaidthetakeeffectivemeasurestooptimizetheindustrysdevelopmentthroughmanagementinnovation,improveindustrialstructure,facilitatetheuseofadvancedscienceandtechnology,effectivelyprotecttheresource,ensureorderlyproductionandmakefulluseofthespecialvalueofthestrategicresource.。