Research On The Development Strategy Of Chinese Rare Earth Industry Based On Industry Linkage Analysis

Rare earth is the important strategic resource in the world. In our country, although rare earth industry has been listed as a strategic industry and was given a variety of technical and policy support at the national level in recent years, it still needs a complete strategic development plan. Compared with America, Japan and other developed countries, there is a large gap in the application of rare earth. For the development of Chinese rare earth industry how to change the resource advantage into industrial advantage has become an urgent problem. Based on the industrial linkage theory, by establishing the input-output model and learning the development strategy of rare earth industry from the main rare earth production and application countries in the world, then combined with SWOT analysis method, this paper puts forward the strategic objectives, strategic focus and measures to develop our rare earth industry.First, this paper describes the background and significance about this study. It summarizes the research status of rare earth industry, development strategy and industrial linkage related at home and abroad. It analyses the theories which this paper based on, including the strategic theory, the theory of sustainable development, SWOT analysis theory and industrial linkage theory. These lay the reality foundation for the rest of this paper and provide theoretical support.Secondly, this paper analyzes the development status of our rare earth industry detailed from the rare earth reserve, production, consumption and export and the problems. All of these further emphasize the research necessity of Chinese rare earth industry development strategy.Again, We position the rare earth industry as a straight-pilot strategic industry by the analysis of the integration of Chinese 9 sector 2010 input-output table which includes the rare earth industry and the analyze of rare earth industry in the view of industry association. And this provides guidance for the analysis of development strategy of Chinese rare earth industry.Finally, this paper compares the rare earth develop strategies with the world’s leadingproduction and application countries, including the United States, Japan, France and India. On the basis of proposing strategic objectives on the development of the rare earth industry and drawing experience on development strategies of major foreign countries, and using SWOT analysis method we definite the strategic focus of our rare earth industry is differentiation, cooperation and going out strategy and finally find out the strategic measures to develop it.