Yunnan Special Industries Common Risk Management Studies

The better way to gain competition advantage in domestic and foreign markets for a region or a province is to develop its characteristic industry greatly. Under the background of China joining the WTO and the intensifying global incorporate economy and the western exploitation thoroughly putting into effect in China, western part of China becomes more and more distinguishing because of its rich in natural recourses. Then, the crucial ways for the provinces of western part in China to develop economy rapidly are to cultivate and develop characteristic industry relying on selves' natural recourses.However, for a period of time because of the relative of backward in technique and economy and idea, and the policy factors, the western natural advantage does not change into economic advantage, but playing a role of raw material and primary products exporting. As a important province of Chinese western, Yunnan province has rich natural recourse in minerals and creature and water power. But for the above mentioned reasons, interrelating industries cannot achieve the desired results and have a series of risks, which affect industries' enduring development and profit-making.Because the development of Yunnan characteristic industries almost all rely on the advantage of selves' natural recourses and exist in the same social surroundings, they have been confronted with similar industry risks, such as enduring supply of recourse and industry upgrade and single product and innovation of science and technology and price fluctuation in markets etc.According to the theoretical background of characteristic industry formation and development and after analyzing the resources condition and present situation, this article makes the choices of Yunnan province' characteristic industries, more, put forward the common risks they are confronted with and the tentative idea to resist.As a case analysis, by analyzing Yunnan Tin Group, a typical enterprise of metallurgical industry in China and traditional big state-run and characteristic industry in Yunnan, mainly about resources strategy and government policy and technical innovation and improvement of product mix and utilization of financial deriving tools etc.. Finally this article give out a series suggestions of risks control and administration for the purpose of reference for the development of Yunnan province's characteristic industries, these suggestions including:(1) Government should properly cultivate and support the development of head industry;(2) Building resources ensuring-system of characteristic industry;(3) Making reasonable combination products strategy of industry and raising innovation ability of science and technology;(4) Push forward industry upgrade actively;(5) Setting up the risk investment system of industry;(6) Heightening entry standard of industry;(7) Strengthening the idea of environmental protection and building ecological compensation system;(8) Building the forecast system and solution ways of industry risk;(9) Using financial deriving tools to control markets price risk.