China will be the main battlefield for massive technological innovation and application scenarios, said Zou Ji, CEO and president of Energy Foundation China.

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In-depth business integration in key areas major task in achieving goals.

Aluminum Corp of China or Chinalco,China Minmetals Corp, and the local government of Ganzhou in East China's Jiangxi province have transferred some of their rare earth assets to create a new company called "China Rare Earth Group Co Ltd".

The world's largest shipbuilder is seeking to better serve the nation's major strategies, official sources said.

The new company is headquartered in eastern Jiangxi province's Ganzhou, a city known as a major rare earth production hub.