Highlights

• Baogang Group held a high-level Party Committee meeting on November 17 to align its steel and rare earth operations with Xi Jinping's directives on economic development, trade policy, and regional integration.
• The state-owned giant committed to leading China's rare earth base development in Inner Mongolia and Guangxi under the 15th Five-Year Plan, focusing on technology upgrades and supply chain security.
• Baogang is positioning to deepen state-industry coordination and expand capacity to support China's downstream manufacturing growth and maintain dominance in advanced materials.

Baogang Group—the state-owned steel and rare earth giant located in Inner Mongolia—held a high-level Party Committee meeting (opens in a new tab) on November 17 to align the company’s strategy with the latest directives from China’s top leadership. Executives reviewed General Secretary Xi Jinping’s recent speeches on economic development, trade policy, and regional integration, including guidance tied to APEC, the Hainan Free Trade Port, and Guangdong’s innovation push. The company emphasized that its future direction must support national industrial goals: securing policy advantages, accelerating technology-driven modernization, strengthening partnerships with major economic hubs such as the Guangdong–Hong Kong–Macau Greater Bay Area, and preparing for new rounds of state-backed development incentives. In short, Baogang is positioning itself to stay tightly coordinated with Beijing’s evolving industrial and trade strategy.

The meeting also focused on regional planning tied to China’s 15th Five-Year Plan, where Inner Mongolia and Guangxi have been tasked with building major “rare earth bases” for China’s long-term supply chain security. Baogang committed to playing a central role in these initiatives, integrating innovation across its steel and rare earth operations while expanding capacity to support China’s downstream manufacturing growth.

For American businesses, the message is straightforward: China’s top rare earth producer is mobilizing to deepen state-industry coordination, accelerate technology upgrades, and cement China’s dominance in rare earths and advanced materials during the next planning cycle. Beijing is not slowing down—Baogang is tightening alignment, increasing investment, and preparing for another five-year sprint.

This news item originates from the media department of a state-owned entity; the information should be verified independently.

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