Baosteel business strategy in market economy

摘要

Baosteel has rudimentarily develoepd into a multiple business system based primarily on iron & steel and consisted of three subsystems of industry, finance, and trade. Being an automatic adapting system, it can adjust its business system, strategy, and mode with the environmental changes. Baosteel experimence corronmental changes. Baosteel experimence cooroborates the direct effect of the systems engineering theory when applied to the enterprise management.