China has both the advantages of rich resources and market advantages in terms of rare metal and strategic minor metals, however, China has yet to be able set the international price of the same and this, to a large extent, is attributable to the failure of China to establish a unified regulatory platform of the future market.

ANBOUND Consulting's recommends that China should use rare earth future trading as a mean of breakthrough and use the price setting model of rare earth on other metals.

Besides, China should spearhead a national level effort to include all metals in a unified futures trading platform (for example, the Shanghai Futures Exchange).

This will not only increase the market concentration and conducive to the regulations and monitoring by the regulatory institutions but also conducive to the operations of the international market.

This will then form China’s very own pricing mechanism for the rare metals and minor metals with the ultimate goal of acquiring international price setting right through China’s very own metal trading platform.