Evaluating the Trade Security of Rare Earth Resources in China from a Sustainable Development Perspective
Rare earth elements are key mineral resources that support high-tech innovation and the develop-ment of emerging industries.Many countries are competing for obtaining such resources,creating several geopolitical issues.The global rare earth supply chain has been reconstructed.Under such circumstances,it is urgent to evaluate the security of China's rare earth resource trade so that the poverty growth dilemma of the trade can be solved and the sustainable development of the industry can be achieved.This study con-structs an evaluation index system for China's rare earth trade security based on the Pressure-State-Response Model,so that the pressure index,state index and response index of China's rare earth resources in different periods can be calculated,which help uncover the evolution characteristics of China's rare earth trade security index.It also identifies the key impact factors infuencing China's rare earth trade security by establishing a multiple linear regression model.The results show that the trade security of rare earth resources in China has declined,meaning that it is urgent to optimize its trade structure to reduce the supply chain risk.The driving factors of China's rare earth trade mainly include market demand,resource endow-ment advantages and well-designed supply mechanism.The barriers on China's rare earth trade mainly include labor division pattern of the industry and the accounting method which lacks consideration of resource value.Based upon these results,several policy recommendations are proposed to promote the sus-tainable exploitation and utilization of China's rare earth resources,such as the strategic storage of rare earth elements,the promotion of research and development activities,the construction of rare earth resource recycling network,and international cooperation in global supply chain.
rare earth resourcestrade securityevaluation indexmultiple regression modelsustainable development
万方数据
维普
