China's rare earth reserves (part 1)

Rare earth, one important kind of unrenewable natural resources, has been utilized extensively for socio-economic development in such fields as, optics, electronic information, aerospace and nuclear industry, among other advanced science sectors. At the moment, rare earth reserves in China account for 30% of total amount in the world, 97% of the market needs, however, are met by China's rare earth supply.

China is the top rare earth reserves holder in the world: By 2010, China's rare earth reserves have reached 36 million ton, 36.4% of the world rare earth reserves. China is also the top rare earth producer: by 2010, China's rare earth output has risen to 129000 ton, 97% of global output.