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Some Thoughts on China Minmetals Corporation Investment Decision-making Management
Author(s): 
Pages: 71-73
Year: Issue:  7
Journal: Coal Geology of China

Keyword:  investment decision-makingrisk controlcentralized managementChina Minmetals Corporation;
Abstract:  The China Minmetals Corporation is a large multinational enterprise with major businesses of metal, nonmetal minerals ex-ploitation, production and trade, concurrently running finance, real estate and logistics that are transition from a small company with simple operation of metal mineral products import and export trade during the early years of the new China, and now ranked 169th in Fortune 500, 2012. The development and growth of the company is benefit by the detailed investment decision-making management system--on a clear corporate strategic development direction basis harmonize relations between 6 main businesses and management within the group company, set up an investment committee, put into practice of investment decision-making right centralized manage-ment; optimize investment compounding, realize project benefit maximizing; perfect investment decision-making innovation mecha-nism and method, through measures of investment record management, project authorization and issue professional operating guide-lines, ensure decision-making efficiency promotion;set up clear investment decision-making flow process, define decision-making in-ternal accountability system.
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