Abstract: NdFeB permanent magnet material as the third generation permanent magnet material.It is the most widely applied, the fastest development speed, the best comprehensive performance, the most cost-effective magnetic material. Due to the highest magnetic product and corresponding coercivity, it can greatly improve the electric energy-mechanical energy conversion efficiency,play the core material in carbon emission and energy saving and consumption reduction, and is widely used in new energy vehicles, energy saving home appliances, consumer electronics, clean energy and other fields, etc. The report focuses on analyzing the current situation of China's rare earth permanent magnet industry, the market demand prediction and raw materials supply during the 14th Five-Year Plan, and puts forward corresponding opinions and suggestions.