Contents
Restructuring of the Chinese steel industry : retrospects and prospects / Frank Zhong 1
[Preface] 1
China's steel policies in retrospect 2
Survey results on the future of the Chinese steel industry 5
Suggestions for future restructuring 7
1. First and foremost, the government's role should be gradually overtaken by market forces. 8
2. The steel industry should be consolidated to generate better synergy in the industry, in particular in market development and R&D. 9
3. A joint fund should be initiated to support the restructuring. 9
4. Reform of state-owned steel enterprises(SOE's) should be accelerated, the sooner the better. 10
5. Steel companies should be more integrated into the global steel industry. 10
6. Steel companies' human resources system should be more open. 10