Highlights

• China's Baogang Group aligns corporate strategy with national priorities, emphasizing state control of rare earth minerals and infrastructure development.
• Company leadership demonstrates commitment to national directives by linking rare earth and steel businesses to strategic border stability and regional projects.
• The meeting signals deepening state management of strategic minerals, with implications for global supply chains and Western market dependencies.

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China’s Baogang Group, one of the country’s largest rare earths and steel conglomerates, convened its 28th Party Committee Standing Meeting of 2025 on August 29. Chaired by Party Secretary and Chairman Meng Fanying, with General Manager Li Xiao and other executives present, the session centered on implementing recent directives from President Xi Jinping.

The leadership reviewed Xi’s speeches on Tibet, his article in Qiushi emphasizing “healthy, high-quality development of the private economy,” his phone call with Brazil’s President Lula, and his meeting with Russia’s parliamentary speaker. The consistent theme: Baogang must translate central political guidance into corporate action.

The committee pledged to align Baogang’s strategy more tightly with Beijing’s national priorities—linking its rare earths and steel businesses to key infrastructure projects and “border stability” roles in Inner Mongolia. The statement emphasized Baogang’s dual function as both an economic engine and a political instrument, tasked with “strengthening and securing the frontier” while supporting regional development.

For Western observers, two signals stand out:

1. Integration with National Projects: Baogang’s rare earths capacity will be mobilized to serve state-directed projects. That underscores Beijing’s intent to keep tight state grip over critical mineral flows, especially as the U.S. and allies work to reduce dependence on Chinese supply.
2. Safety and Stability: Management placed unusual weight on “safety and stability,” directing all divisions to treat accident prevention, labor relations, and wage guarantees for migrant workers as top priorities. This suggests sensitivity to domestic unrest risks and signals regulators are demanding stricter accountability.

The Party committee also stressed anti-corruption discipline and adherence to the “eight central rules,” highlighting continued internal political pressure.

Why does this matter for the U.S. and allies?

The meeting shows Baogang is being positioned not just as a company but as a tool of Chinese statecraft—one that will continue to anchor China’s rare earth dominance while tightly managing risk at home. For Western markets reliant on rare earth imports, the signal is clear: state control of strategic minerals is only deepening.

Disclaimer: This news item originates from Baogang Daily, the media arm of a state-owned entity. The information reflects official communications and should be independently verified by outside sources.

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