China has released an across the country project to crack down on the smuggling and prohibited export of strategic mineral resources, the Ministry of Commerce revealed on Friday.
The move is part of broader efforts to protect national security and support crucial supply chains.The statement was made during a high-level meeting held in Shenzhen, south China, which united authorities from multiple essential firms, including the Ministry of Commerce, the Ministry of Public Security, the Ministry of State Security, and the General Administration of Customs.Authorities promised to step up efforts to detect and interrupt unlawful activities associated with strategic minerals, strengthen source control, and establish robust cross-department coordination.
Particular procedures consist of targeting evasion strategies such as false declarations, concealment, and rerouting exports through 3rd countries.“& ldquo; Strengthening export controls on strategic mineral resources is crucial to Chinas nationwide security and advancement interests,” & rdquo; emphasized authorities at the meeting.