The largest rare earth new material industrial park in China is expected to be built in Baotou, the Inner Mongolia autonomous region, promoted by technological innovation and the "Made in China 2025" strategy.

"The national-level new material park is planned with a total area of 470 square kilometers, supported by the Ministry of Industry and Information Technology and the autonomous region," said He Weihua, deputy mayor of Baotou, at the Ninth China Baotou Rare Earth Industry Forum on Monday.

Aimed at promoting global cooperation and exchanges in related trade, manufacturing, research and applications, the forum is a high-end meeting of leaders in the rare earth industry; This year's topic is scientific and technological innovation.