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from "resources" to "industry", china rare earth group's strategic layout and transformation and upgrading path reflect its strong strength in domestic and foreign markets. as a central enterprise with diversified equity directly supervised by the state-owned assets supervision and administration commission of the state council, china rare earth group has a wide range of industrial chains with core businesses in the fields of scientific and technological research and development, exploration and mining, smelting and separation, deep processing, and import and export trade. its business covers jiangxi, guangxi, hunan, sichuan, jiangsu, shandong, yunnan, guangdong and fujian, and has expanded to southeast asian countries.
along with this, the internationalization of rare earth resources is progressing. china rare earth group is actively exploring cooperation under the framework of the belt and road initiative, and by deepening rare earth industry policies and practical industrial cooperation, it is promoting the complementary advantages of state-owned enterprises of the two countries in the rare earth industry and helping vietnam's rare earth industry to develop with high quality.
for example, the delegation held multiple rounds of work exchanges and consultations with vietnam coal group, china national mining corporation and dongbao mine, and the two sides reached a consensus on further deepening cooperation and determined the working group. the working group docking consultation and on-site exchanges further explored the cooperation principles, paths and high-quality development plans, reflecting the internationalization strategic goals and international cooperation capabilities of china rare earth group.
at the national level in vietnam, china rare earth group is actively exploring ways to strengthen practical cooperation in key mineral areas with relevant vietnamese government departments and companies such as vietnam coal group. this not only represents the global development of the rare earth industry, but also demonstrates the international competitiveness of china's rare earth resources.
analyze:
the actions of china rare earth group are not just a simple resource development plan, but also reflect china's important position in the global rare earth resource strategic layout. vietnam's rare earth resource advantages and emerging industry needs provide new opportunities for the global development of china's rare earth resources. in addition, the cooperation between china rare earth group and the vietnamese national government and enterprises also demonstrates china's strength in international competition.
in the future, with the advancement of science and technology and the changes in the international trade pattern, rare earth resources will continue to play an important role. china rare earth group will continue to promote the global development of the rare earth industry and actively explore new business models and cooperation methods to make greater contributions to promoting national economic growth and enhancing international competitiveness.