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China should promote the marketization of the exchange rate formation mechanism, allowing the market to play a decisive role, said Zhou Jingtong, a senior researcher with the international finance institute of the Bank of China.
China produces around 80 percent of the world's supply of rare earths. However, the country's rare-earth industry faces problems such as smuggling, illegal mining and production, lack of innovation and environmental protection issues.

China will continue to hold high the banner of peace, development, cooperation, and mutual benefit and uphold its fundamental foreign policy goal of preserving world peace and promoting common development. China remains firm in its commitment to strengthening friendship and cooperation with other countries on the basis of the Five Principles of Peaceful Coexistence,1 and to forging a new form of international relations featuring mutual respect, fairness, justice, and win-win cooperation.
China supports the people of various countries independently choosing a development path that caters to their national conditions. "We never interfere in other countries' internal affairs, nor do we impose on other countries," he said.
China now has over 336,000 people's assessors, registering a growth of 58.1 percent since the enforcement of the people's assessors law in April 2018, according to a briefing on the implementation of the law.
来源:资阳报