Media365
China’s premier has vowed the country will consolidate its advantages in traditional industries like rare earths while also striving to accelerate innovation in frontier technologies such as artificial intelligence, as Beijing prepares to unveil its latest five-year plan.
Premier Li Qiang made the call during a visit earlier this week to Ganzhou in the central Chinese province of Jiangxi – one of the world’s largest production bases for heavy rare earth elements, a strategic resource essential to a range of hi-tech industries.
Li’s trip included a visit to the Chinese Academy of Sciences’ Ganjiang Innovation Academy, tours of critical mineral producers, and a meeting with local business leaders and researchers, Xinhua reported.
“The value of rare earths in boosting advanced manufacturing and green, low-carbon transformation is increasingly prominent,” he said.
