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The State Planning Development Commission(SPDC)has recently developed andpromulgated the Provisional Regulations onForeign Investments in the Rare Earth Industry.The newly issued regulations have imposed apolicy of restriction on foreign investment withthe rare earth industry.According to the newregulations,the establishment of wholly-foreign-owned rare earth mining companies arenot permitted;rare earth smelting andseparation projects with wholly owned foreigninvestment are not permitted(such investment
The State Planning Development Commission (SPDC) has recently developed andpromulgated the Provisional Regulations onForeign Investments in the Rare Earth Industry. The newly issued regulations have imposed apolicy of restriction on foreign investment with the rare earth industry. According to the newregulations, the establishment of wholly- foreign-owned rare earth mining companies arenot permitted; rare earth smelting and separation projects with wholly owned foreign investment are not permitted (such investment