国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Tax changes 'will drive up rare earth prices'

By Wang Zhuoqiong (China Daily) Updated: 2014-05-21 09:05

Tax changes 'will drive up rare earth prices'

Trucks collect and transport rare earth minerals at a mine in Sichuan province. Provided to China Daily

Changes may be in store for taxes on rare earths, a move that could push up the prices of these scarce minerals, an industry source said.

The anonymous source said that several ministries are discussing heavier taxes on rare earth producers, and an announcement on the changes will probably be made during the second half.

Tax changes 'will drive up rare earth prices'

Tax changes 'will drive up rare earth prices'
Taxes would be imposed based on the value of the minerals, rather than on volume as is the case at present. That shift will mean higher prices at the producer level, which the government hopes will reflect the scarcity of these resources and the environmental costs of their extraction.

Higher prices will alter the supply-demand balance, undercut the smuggling trade and reduce high inventories of rare earths overseas, said the expert.

Other steps will also be taken to better manage the rare earth industry, the source said. For example, environmental compliance certificates are likely to be required for exports.

The World Trade Organization in late March ruled that China had acted inconsistently with WTO rules with regard to export measures imposed on rare earths. Two years earlier, the European Union, Japan and the United States joined to bring a case to the WTO over China's measures involving exports of rare earths, tungsten and molybdenum.

They claimed that the restriction had limited other countries' access to the minerals, giving China a competitive advantage and hurting other producers and consumers.

Rare earths, a class of 17 mineral elements, are some of the most sought-after metals due to their vital role in alternative-energy technologies like wind turbines and electric car batteries.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
开化县| 锡林郭勒盟| 扎赉特旗| 望都县| 石屏县| 长垣县| 和林格尔县| 杭锦后旗| 称多县| 凤台县| 泽普县| 宁化县| 南郑县| 齐齐哈尔市| 建水县| 临漳县| 黎川县| 隆昌县| 龙胜| 泗洪县| 望城县| 卓尼县| 武乡县| 蓬莱市| 嘉禾县| 琼结县| 凉山| 阿拉善盟| 偃师市| 蕉岭县| 南郑县| 青龙| 大港区| 白山市| 枞阳县| 胶州市| 张家界市| 建水县| 绥阳县| 南岸区| 宜章县|