Rare earths to Japan export customs clearance procedures need to reconcile the tax burden

Recently, comprehensive Japanese media reported that China announced on the afternoon of the 16th that the Department of Rare Earths Trading Company will reopen the customs clearance procedures for rare earths to Japan, and that the Chinese rare earth enterprises that have actually passed the application have officially entered the shipping formalities. It is expected that there will be more Chinese parties today. Rare-earth enterprises will apply to the customs for customs clearance of rare earths.

According to reports, at the press conference after the cabinet meeting this morning, the Chief Cabinet Secretary of Japan, Mr. Sendani, responded to reporters' questions on whether or not the rare earth crisis had been dismissed. He also said: I haven’t told you about the specific movement of Chinese rare earth cargo transportation. To go to details, but from the current atmosphere, it should be able to solve.

It is reported that during the APEC meeting in Yokohama, the Japanese side intended to dilute the issue of rare earths. Prime Minister Naoto Kan at the APEC closing press conference took a evasive attitude on whether to issue a question of the rare earth to the WTO, and Japanese media also disclosed that the Japanese Foreign Ministry has The representatives of international agencies in Geneva were asked to “hold off” to file a complaint at the WTO conference in October.

The Asahi Shimbun of Japan stated that Japan’s economy and industry are large? In a meeting with Zhang Ping, director of the National Development and Reform Commission of the People's Republic of China, Zhang Hong promised that he hoped to cooperate on the recycling of rare earths and the development of alternatives, and urged China to resolve the issue of stagnation of rare earth exports as soon as possible. Zhang Ping also immediately stated that the issue will be properly resolved in the near future.

Big? At the press conference yesterday morning, Zhang Hong officially conveyed Japan’s intention to conduct joint research with China on the development of rare earth recovery technologies and alternatives. Asahi Shimbun’s commitment to the Chinese side has been confirmed. The Ministry of Commerce spokesman Yao Jian also said yesterday that China's 2011 rare earth export quota will protect the international market demand, but also hope that other countries with rare earth resources to actively develop and use their own rare earth resources to jointly bear the responsibility of global supply of rare earth . Yesterday afternoon, Japanese trading companies received notification from China about the reopening of the rare earth customs clearance procedures.

Yao Jian said at the same time that under the circumstance that the problem of rare earths is currently under further management, China needs several measures such as quotas, export tariffs, and export qualifications.

Japan’s “Yomiuri Shimbun” also pointed out that although exports of rare earths to Japan may be eased, as the price of rare earths soars, the export tax payable to China Customs will also increase several times, even if the export clearance process is normalized, it will also Inevitably, the issue of whether heavy export taxes are borne by Chinese export companies or by Japanese import companies is still an issue. How to solve this problem is not clear.

Japan Media predicts that the coordination of export tax issues between Chinese and Japanese companies may take time. Therefore, it is necessary to “slightly avoid safety” from the arrival of rare earth cargoes in Japan.