China is devising new policies recognizing....>

CHINA: China is devising new policies recognizing rare earths as a strategic

resource, Meng Wei, the spokeswoman of the National Development and Reform

Commission told reporters.

- China won't allow other nations to use its exported rare earths to contain its

development, but will meet legitimate demand. China will establish a full

traceability and review mechanism for rare earths' exports.

- Local authorities need not to enact new car purchase restrictions. Those with

restrictions in place should begin to encourage more vehicle consumption. China

will focus on recycling old cars, home appliance and electronic products.

- The surging fruit prices experienced in May may ease when seasonal fruit

supply increases. The prices of pigs and pork are stable at around the average

since 2015.