Talent and scholars attend a promotional meeting aimed at transforming North China's Inner Mongolia autonomous region. [Photo/WeChat account of Baotou Daily]

A promotional meeting to support new projects and achievements in Inner Mongolia was launched in Baotou on Aug 23.

It invited talents who are interested in returning to Inner Mongolia to invest there and start businesses in the autonomous region, as well as conduct in-depth exchanges on technology research and development, project cooperation, and achieve new milestones in key and advanced industries.

The event invited six academicians, two scholars, and 14 experts and scholars from Shanghai. It also helped match business partners and promoted the construction of 23 enterprise projects in Inner Mongolia. Among them, seven projects in the fields of rare earth new materials, equipment manufacturing, and high-end service industries have landed in Baotou.

"China wants to develop high-tech industries such as aerospace, and the development of rare earth new materials is the foundation and core of this new drive," said Liu Jialin from the Chinese Academy of Sciences. "Baotou is rich in rare earth resources and has unique advantages in technological research.”

Talents who were born in Inner Mongolia but started businesses in Shanghai said they are happy to participate in such a grand event in their hometown.

The Shanghai Inner Mongolia Chamber of Commerce Overseas Returnees Federation has gathered together overseas returnees in Inner Mongolia, hoping to use this opportunity to build a bridge for young talents to make due contributions to the development of their hometown.