The Research To The International Operation Of Chinese Iron & Steel Enterprise

In the 21st century, economical globalization takes on the trend of accelerating development. Meanwhile, international trade, international investment and international production launch with the unprecedented developing speed and scale within world scope. It not only makes the most nations melt into the general operation of world economy, deepen mutual dependence, but also affects the economical development of every country deeply. An open global market system is coming to being. International grand enterprises, especially such as the global 500 have been the main representatives of taking part in international competitions in the whole world. Transnational corporations are the most important and live factors of pushing economical globalization and erteprise internation.Domestic enterprises should leam to take advantage of resource within global scope and launch international operation actively. The competition and cooperation with enterprises abroad can't be limited to demestic market. They should compete in the global market and search for partners within global scope. Given the fact that our nation has entered WTO, our national economy has absolutely melt into the world economy and the open of our country has came into a new age, the party center put forward the open strategy in new situation in order to enlarge the open.Refering to iron & steel industry, our country has been the No.1 country in iron & steel production and consumption. Foreign of iron &steel grand corporations have already gazed on the domestic steel material market. The international competetion in the market above is becoming more and more drastic with time passing by. Confronted with the stem situation, the nation put forward to nurture the national four-grand iron & steel (group) companies, until 2005, the ratio of total steel out put of BaoGang, AnGang, WuGang and ShouGang to the whole output of the nation should be from 30% to about 50%. We should try our best to make two grand iron & steel (group) companies queue to the front line in international iron & steel industry.Above all, the research to the international operation of Chinese iron & steel enterprise has deep international economical background and seems veryimportant and urgent.Chapter 1 mainly deals with the meaning of studying international operation of Chinese iron & steel enterprise.Chapter 2 systemicly introduces and remarks on the west current enterprise intemationization theories. Section 1 defines the related concepts. Section 2 analyzes the theories of foreign direct investment. In macrosopic theories of foreign direct investment, author mainly describes G.DAMacdougall's International Investment Benefit Distribution, Kiyoshi Kijima's Theory of Comparative Superiority Investment, R.AIiber's Theory of Money Area, John Dunning's Theory of Investment Development Stratege. In microsopic theories of foreign direct investment, author describes Stephen Herbert Hymer & Charles P.Kindlebeger's TOheory of Monopolization-superiority, Teter J. Buckley & Mark C. Casson's Internalization Special Advantage Theory, Raymond Vernon' Product Circle Theory, E.F.Heckscher & B.Ohlin' Locational Choice Advantage Theory, John Dunning's Compromise Theory of International Product. Section 3 analyzes current enterprise intemationization theories which involves theories and model such as Uppsala International Model (U-M), Cavugil's Export behavior theory, International Operation Driving Theory, Hagg & Johnson, etc.1 Enterprise Intemationization Network Model, Rogers's The Innovating-related Intemationization Models (I-M), Prahalard & Doz's Integration And Reaction Model, Farmer, R.N. & Richman, B.M Model, Torben Pederson & Bent Petersen's International Four Factors Model.Finally, author in accordance with practice of Chinese enterprises international operation, especially the features of international operation of Chinese Iron & steel enterprises, analyzes the relation between intemationization and intemationization in theory.Chapter 3 studies the present status and develo...