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Shvoong Home>Business & Economy>Findings Report of Developing Resource Comprehensive Utilization and Related Industry in Panzhihua S Summary

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Findings Report of Developing Resource Comprehensive Utilization and Related Industry in Panzhihua S

Article Summary by: TsingHua    

Original Author: Natural Resource Economics of China
Resource comprehensive utilization of Panzhihua Steel Corporation(PSC) shows us next characteristics:(1) vigorously develop
vanadium and titanium industry;(2) keep all along lead position of special steel production in domestic market;(3) devote major efforts to developing technical research and development;(4) consideration is given to both resource benefit and environmental protection;Its main experience consist in the next aspects:(1) work out the correct production development strategy;(2) lay stress on innovation;(3) develop market actively;(4) implement assets reorganization;(5) pay attention to talent training.The problems existed in PSC development include:(1) General level of resource comprehensive utilization is not high;(2) development of vanadium and titanium production is not unbalanced;(3) there are not efficient reward and punishment mechanism.PSC makes vanadium and titanium resource development and utilization as an important strategic direction in its eleventh FiveYear Plan.The paper puts forward four proposals for implementing strategic transformation by PSC.
Published: January 25, 2006
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