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Development Strategies for China’s Advanced Magnesium Alloy Industry Toward 2035

In this paper, we introduce the development status of China’s magnesium alloy material industry, analyze the main problems faced by its development in China and abroad, and prospect the future market demand in China for magnesium alloy materials such as high-performance rare earth–magnesium alloys with lightweight structures, magnesium alloys with high strength and high thermal conductivity, magnesium alloys with high strength and high electrical conductivity, and ultra-high-strength magnesium alloys. We also present a phased development plan for the industry toward 2030 and 2035 and propose relevant strategies for promoting the sustainable