In response to growing concerns over resource depletion, environmental impact, and the need for sustainable development, seven key Chinese ministries and commissions—including the National Development and Reform Commission—have issued a joint circular aimed at regulating the export of certain resource-based products. This includes rare earths, coke, and refined oil, among others. According to recent statements from officials in the Economic and Trade Department of the National Development and Reform Commission, the country plans to moderately reduce the export volume of rare earths and maintain the current export quota for coke without further increases. Additionally, the export of refined oil through processing trade will be strictly controlled.
The Ministry of Commerce and the National Development and Reform Commission will jointly approve the export volumes of gasoline, coal, and diesel, with customs releasing goods only according to the approved quantities. These measures are part of a broader strategy to manage the export of energy-intensive and polluting products such as steel, electrolytic aluminum, ferroalloys, and refined oil. Despite previous efforts, some high-energy-consuming and environmentally harmful products continue to face significant export challenges.
Under the approval of the State Council, the National Development and Reform Commission, Ministry of Finance, Ministry of Commerce, Ministry of Land and Resources, General Administration of Customs, State Administration of Taxation, and State Environmental Protection Administration have agreed to implement stricter controls on the export of energy-intensive, highly polluting, and resource-dependent products.
As part of these new regulations, certain processing trade activities will be prohibited. Starting January 1st next year, the import of wood chips, logs, and wood pulp for export of wood pulp or paper, as well as the import of raw hides for the export of semi-finished or finished leather, will no longer be allowed under processing trade. Similarly, the import of scrap copper or copper concentrate for the export of unwrought copper will also be banned.
In addition, the government will adjust the export tax rebate policy for several key products. Effective January 1st next year, export tax rebates for coal tar, raw hides, and dry leather will be completely eliminated. For products like mercury, tungsten, zinc, tin, bismuth, magnesium metal, and paraffin wax, the tax rebate rate will be reduced to 5%. These changes reflect the government’s commitment to balancing economic growth with environmental protection and resource conservation.
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