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Despite the government's efforts to crack down on financial speculation, supervise environmental protection and prohibit illegal mining, there is still strong demand in the market. With the supply of rare earths - especially light rare earths - unable to meet demand in the short term, prices still have room to rise, according to the report.
Deferring a few international gatherings to some future date might seem relatively insignificant as the world grapples with the threat of lower output and an economic downturn amid the spread of the virus.
Delta Air Lines, a major United States carrier, is now using cargo flights to maintain a China-US "lifeline" of vital supplies, according to the airline. To date, Delta has increased its China-US air cargo services to 21 flights per week.
Despite the improvement, the MIIT warned of more difficulties in further capacity reduction as the increased profits may lure some producers to launch new projects.
Denis Depoux, managing director of Roland Berger China, said the company views the whole Chinese economy as very resilient, because its fundamental drivers remain very strongly geared toward growth, and the urbanization, which will remain for the next 20 years, leads to strong infrastructure, urban and commercial development.
来源：资阳报