The Baotou Rare Earth High-Tech Industrial Development Zone was approved by the State Council in 1992. It is the only zone dedicated to the rare earth industry among the 53 national hi-tech zones in the country and is the only national level high-tech zone in the Inner Mongolia autonomous region.

More than 3,000 enterprises have been launched in the zone, including 22 companies invested in, or wholly owned by, listed enterprises. It also contains 50 foreign-funded enterprises.

Baotou Rare Earth High-Tech Industrial Development Zone  [Photo provided to chinadaily.com.cn]

Baotou Rare Earth High-Tech Industrial Development Zone  [Photo provided to chinadaily.com.cn]

Baotou Rare Earth High-Tech Industrial Development Zone  [Photo provided to chinadaily.com.cn]

52 enterprises in the zone have been approved as high-tech enterprises by the region’s science and technology department, accounting for 40 percent of all high-tech enterprises in Inner Mongolia.

The zone has brought in 298 senior experts from the rare earth industries from overseas, accounting for 60 percent of such talent in Inner Mongolia. Among them are 13 engineering experts that have been listed on the “Grassland Talents.”

The development zone contains eight sub-parks, including the Rare Earth Application Park, East Hope Circular Economy Park, High-end Equipment Manufacturing Park and University Science Park. The sub parks focus on the industrial development of new rare earth materials and various industrial applications, such as deep processing for aluminum and copper, high-end equipment manufacturing and modern services.