Chang Guowu, deputy director of the raw materials department of the Ministry of Industry and Information Technology, said that during the 14th five-year Plan period, the Ministry of Industry and Information Technology will encourage rare earth enterprises to carry out mergers and restructuring in accordance with the principles of marketization and the rule of law, and support the extension of rare earth enterprise groups to the downstream industrial chain. enhance their own development ability and brand influence. We will support advantageous areas, speed up transformation and upgrading, and build rare earth industrial clusters.
The 14th five-year Plan for the Development of the Raw material Industry proposes that by 2025, the ability of the raw material industry to guarantee and lead the high-quality development of the manufacturing industry will be significantly enhanced; the growth rate of added value will remain at a reasonable level, and the proportion in the manufacturing industry will be basically stable; the scale of the new materials industry will continue to increase, accounting for a significant increase in the proportion of the raw material industry; and a higher quality, better efficiency, better layout, greener and safer industrial development pattern will be formed initially.