Abstract: The close attention of the government and its series of rare-earth regulation policies have promoted the benign adjustment and rapid development of China’s rare earth industry, but at the same time, it also triggered some new problems. This paper conducts an analysis of the current status of China’s rare earth industrial policies and the initial achievements, gives a reflection on the new problems and the existing potential risks of the current policies, and makes an exploration of the solution to these problems and the perfection direction of future policies in terms of the development trend of the rare earth industry.

Key words: rare earth industrial policy; potential risk; perfection direction