China Baowu Contributes to High-Quality Iron, Steel Industry by Improving Management

China Baowu Steel Group Corporation Limited (China Baowu), by emphasizing improvements to its management, has created a high-quality iron and steel ecosphere and evolved into an international leader in the industry.

Centered on high technology, efficiency and market share as well as ecological digitization and internationalization, the company built an internationally-leading indicator system consisting of 28 items and seven categories.

It also implemented a performance-driven strategy to encourage managers to make breakthroughs and achieve progress.

In addition to perfecting its working mechanism including project operation, examination and assessment, training, dedicated platforms and performance evaluation, the company has also set up models and applied their experience in pursuit of higher efficiency and quality.

Last but not least, China Baowu has fulfilled its duty as a state-owned asset and enterprise to reform, strengthen the competitiveness of the State-owned economy, and improve its innovation and anti-risk capacity.

(Executive editor: Hao Wen)