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China’s Jan-July rare-earth exports fall 10%; China Rare Earth Group sees ‘upward’ market conditions_我的网站
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China rare-earth exports totaled 4,223.5 tons in July, and cumulative exports reached 34,706.3 tons in the first seven months of 2026, down 10 percent year-on-year, Chinese customs data showed on Friday.
Meanwhile, China imported 9,451.3 tons of rare earths in July, bringing total imports in the first seven months of 2026 to 63,323.0 tons, down 5.5 percent year-on-year, according to the data from the General Administration of Customs (GAC).
Also on Friday, China Rare Earth Group reported revenue of 1.647 billion yuan in the first six months of 2026, down 12.19 percent year-on-year, and net profit attributable to shareholders of the listed company of 237 million yuan, up 46.53 percent year-on-year.
According to the company's semi-annual report, the supply-demand landscape in the rare-earth industry continued to adjust and improve. Driven by multiple favorable factors, including rare-earth industry policies and a boost in downstream market demand, market conditions trended upward overall, it said.
In October 2025, China's Ministry of Commerce and the GAC announced export control measures on items related to superhard materials, rare earth equipment and materials, and batteries, according to a Xinhua News Agency report.
Effective from November 8, 2025, exports of items related to superhard materials, equipment and raw materials related to rare earths, five medium and heavy rare earth elements including holmium, lithium batteries, as well as synthetic graphite anode materials, will not be permitted without approval, the Ministry of Commerce stated, per Xinhua.
The ministry said that China implements export control measures in accordance with laws and regulations, which conforms to international common practice and is in line with better safeguarding China's national security and interests, and better fulfilling its international obligations, such as its commitment to non-proliferation.
Wu Chenhui, an independent analyst specializing in the critical minerals sector, told the Global Times on Friday that rare earths are strategic mineral resources. China's move to impose export controls on rare earths is in accordance with the law and is an internationally accepted practice, as well as a necessary measure to safeguard national security and the stability of industrial and supply chains.
The relevant measures taken by China have always adhered to the principles of rationality, moderation, and prudence, Wu said, adding that they are consistent with domestic laws and regulations and fully take into account the normal needs of the global civilian sector.
A spokesperson for the Chinese Ministry of Commerce said on April 9 that China remains committed to safeguarding the security and stability of global industrial and supply chains, fully taking into account reasonable civilian needs and concerns worldwide, including those of the US, and actively promoting and facilitating compliant trade.
Export applications meeting the conditions for legitimate civilian use will be approved in accordance with the law, said the spokesperson.
"China has always approved export applications that comply with the requirements and are for legitimate civilian purposes, in accordance with laws and regulations. The relevant policies are not targeted at any specific country; rather, they aim to promote the high-quality development of the rare earth industry and maintain the safety and stability of global industrial and supply chains," Wu said.
。 国家竞争监管机构今天表示，它将调查Booking.com的某些做法是否构成在向酒店提供中介服务方面滥用支配地位--因此，它是否对位于西班牙的酒店施加了不公平的交易条件，并实施了可能对其他在线旅行社和在线销售渠道产生排斥作用的商业政策。
二 | 西班牙国家市场和竞争委员会（CNMC）还表示，它将调查Booking.com的行为是否包括构成对西班牙酒店经济依赖地位的利用--因此，正如其新闻稿中所说，"由于其产生的自由竞争的扭曲而构成影响公共利益的不公平竞争行为"。"在审查了收到的投诉和在初步调查中收集的信息后，CNMC的竞争局认为有理由支持Booking.com B.V.可能违反了SCA[西班牙竞争法]第2和第3条以及TFEU[欧盟运作条约]第102条，"CNMC补充说。西班牙监督机构有18个月的时间来进行调查并作出最终决定，它还指出，正式程序的启动并不预示着最终结果。
三 | Booking.com是第一波互联网创业公司中的老将，其在旅游领域的市场实力长期以来一直是欧盟立法者关注的问题--这显然有助于迫使该集团最近重新启动更严格的反垄断制度，该制度将于明年开始实施。Booking.com有可能被指定为泛欧盟数字市场法案（DMA）下的守门人--这将触发对其核心平台服务的事前监管，要求其区域业务遵守一套前期运营措施和条件，旨在确保与依赖该平台接触自己客户的其他企业公平交易。
四 | 然而，DMA不太可能在明年立即加速行动，因为随着委员会加紧履行监管大科技的新角色，指定守门人的过程将需要几个月（甚至很多个月）。这意味着，在此同时，以欧盟内国家为单位的竞争调查--比如西班牙国家竞争委员会今天宣布的调查必须填补这一空白。在这种情况下，依靠既定的（较慢的）竞争监管工具，通常需要在任何干预之前对投诉进行强有力的调查--这一过程可能需要数年才能做出任何必要的纠正命令。
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Published on:07:04:17