Chinese lawmaker calls for national rare earth reserve

BEIJING, March 12 (Bernama) -- China should set up a national reserve of rare earth resources and work out development strategies for rare earth-related new and high-tech industries "as soon as possible," Xinhua reported Friday citing a lawmaker as saying on Friday.

"Without rare earth, there would be no new and high technologies," Hu'ercha, a deputy to the National People's Congress (NPC) from north China's Inner Mongolia Autonomous Region, said on the sidelines of the legislative body's annual session.

"The government should attach greater importance to the purchase and storage of the strategic resources."

Click here to read more about calls for a Chinese rare earth reserve.

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