Research On Gold Industry Organization In China

The scientific development of the China’s gold industry in the context of the transformation of economic development and promoting industrial restructuring, the need for a systematic sort out and analyze. China’s gold industry organizations can more clearly determine the gold industry structure, conduct and performance status and their interactions, rapid development, and promote the health of the gold industry to accelerate the pace of upgrading of the structure of the gold industry has played an important role in reference.Gold in the process of world history and development of human civilization has a unique role and status. China has never practiced in the history of the gold standard, ordinary people in China’s understanding of gold, mostly confined to the mind which is more vague conceptual understanding. The second half of the20th century, the great national policy of reform and opening up to promote China’s economic and social development to achieve a substantial leap forward, thanks to this, China’s gold industry and the real gold market developed gradually with certain international influence.The rapid development of China’s gold industry in recent years attracted the attention of the world, but focus on the scale but also to focus on quality, enhance efficiency to optimize the structure, emphasis on the increment to pay attention to the stock, this should be a rational debate of China’s gold industry development issues.China’s gold industry market structure can be drawn:from reserves structural point of view, the total scale of China’s gold mine reserves in the world top three, the scale of dominant, but the inter-regional, inter-firm differences are still more obvious, central and western basic flat eastern less degree of concentration of gold resources and reserves in recent years showing a weak upward trend; from the structure of supply and demand point of view, since2007China’s supply and demand output for six consecutive years ranked first in the world, but based on the differences in conditions of resource advantages under the provinces, autonomous regions, distribution and geographical distribution is uneven, the eastern region is higher than the central region, at least the western region; market concentration of China’s gold industry is obviously insufficient compared with the world’s major gold-producing countries, the gap significantly more single product range, the differenceThe technology is not yet clear, more industry barriers to entry.China’s gold industry market behavior can be drawn:the Government’s regulatory policies have a tremendous impact on market behavior, the end of the state purchase system with management system in1992, easing the background of the market-oriented reforms and regulatory policy significantly promote the development of the gold industry; acts of technological progress from the point of view, the technological progress of China’s gold industry behavior not only with the regulatory policies of open and active, with the technological progress of the world’s gold industry, the same strain, into the new century, China’s major gold-producing companies Obviously, the effect of technical progress and a number of technology with independent intellectual property rights in a leading position in the international community:more common horizontal integration behavior of the gold industry, vertical integration behavior involving mixed integration practices are less; the gold industry in the international behavior gradually start since2000. there are considerable progress, but the most competitive enterprises.China’s gold industry market performance can be drawn:the cost of production from the point of view, the production costs of China’s gold industry was essentially flat with the world average, below the world average in recent years, the industry profit for11consecutive years of steady growth by nine; from a productivity point of view, the kind staff and the output value of full production efficiency continuously increasing in recent years.Overall, the gold industry’s high-class trend is more obvious, the speed of industrial change in K value increasing ahead of the trend is clearly structure deviation increase in fluctuation, showing gold industry to increase the proportion of the contribution to employment.Concentration, entry and exit barriers, the relationship between differentiation and industrial performance, empirical research, the results show that the status quo of China’s gold industry, the increase of the concentration to significantly upgrade the industrial performance, combined with the current concentration is not high reality can be found to improve the degree of concentration is the effective way to enhance the performance of industrial development:an important indicator of market entry and exit barriers.the net entry rates and gold prices on industry performance.empirical research.that is obvious both to enhance the role of industry performance;differentiated performance between the empirical test found that the differentiation of resource reserves of industry performance positive guiding role that non-professional production and processing will lower industrial performance, business model differentiation have industry performance enhance the negative, indicating that the change to the guiding role of the extensive management and improve the industrial added value is the top priority of the gold industry. Found that the level of economic development, the degree of information technology, the level of infrastructure construction, trade and level of development and degree of market play a significant positive role on the overall performance of the China’s gold industry to improve the performance of the China’s gold industry panel test.