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China to continue rare earth export, mulling full-year quotas
China will continue rare earth export and regulate export quotas according to World Trade Organization rules,[link widoczny dla zalogowanych], said the Ministry of Commerce on Tuesday.China announced its first batch of 2011 rare earth export quotas at 14,446 tonnes at the end of 2010.
The full-year quotas are under discussion and will be announced timely, said Yao Jian,[link widoczny dla zalogowanych], a spokesman with the ministry,[link widoczny dla zalogowanych], at a news briefing here.The country exported 35,000 tonnes of rare earth from January to November in 2010, up 14.5 percent from a year earlier. Exports to Japan,[link widoczny dla zalogowanych], the European Union and the United States accounted for 86 percent of the total exports, said Yao.
He said that it is normal that rare earth prices fluctuate with demand and supply and China acted responsibly last year to ensure basic demand for the minerals was met.China has noticed that other countries,[link widoczny dla zalogowanych], such as the U.S. and Australia, have increased exploitation of rare earth in their own countries. "This will effectively safeguard the global supply," said Yao.With around 36 percent of the world's rare earth reserves, China supplies 90 percent of global demand.
A video show about Chinese people made its debut on screens at Times Square on Monday,[link widoczny dla zalogowanych], presenting Americans a multi-dimensional and vivid image of Chinese people.
With China's traditional red as the theme color,[link widoczny dla zalogowanych], the 60-second video was shown on six screens simultaneously at Times Square with a billboard written "Experience China" on top of the screens. The show highlights Chinese ordinary people and some important figures recognized by the international community, including Chinese pianist Lang Lang,[link widoczny dla zalogowanych], basketball player Yao Ming and Chinese astronaut Yang Liwei, etc.
"The layout of the video is quite smart. I like it,[link widoczny dla zalogowanych]," Charlotte Mcguckin,[link widoczny dla zalogowanych], 18, a high school student in New York,[link widoczny dla zalogowanych], told Xinhua, adding that "everyone (in the video) looks happy."
"Look, that's Yao Ming. I can recognize him,[link widoczny dla zalogowanych], and also the female table tennis player standing beside him. She is very famous, " she said, pointing to the giant screen. "I learned in class that U.S. and China started diplomatic ties from playing the table tennis,[link widoczny dla zalogowanych]," she smiled.
For Si Yaqin, who came to New York with her son for vacation,[link widoczny dla zalogowanych], watching the debut of the video is a once-in-a-lifetime experience. "It's my first time to New York,[link widoczny dla zalogowanych], first time to Times Square,[link widoczny dla zalogowanych]," she told Xinhua. "How lucky I am here to witness this moment. I feel so proud as a Chinese."
The video is part of the public diplomacy campaign by the Chinese government ahead of Chinese President Hu Jintao's U.S. state visit. The video will be shown at Times Square 15 times every hour from 6 am to 2 am next day, totaling 20 hours and 300 times a day. It will last till Feb. 14 with a total of 8,400 times of show time.
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