Development Strategies for Rare Earth Functional Materials by 2035

Rare earth functional materials are critical and strategic in supporting the high-tech fields such as new-generation information technology, aerospace and modern weaponry, advanced rail transit, energy-saving and new energy vehicles, and high-performance medical devices. In this article, the development status and trends of the rare earth functional materials industry in China are introduced and the problems of the industry are analyzed. To promote the competitiveness of the rare earth functional materials in China, some policy suggestions are proposed, including strengthening strategic prediction and policy support, promoting basic research and application, and enhancing the construction of advantageous teams and the development of personnel in the rare earth field.