McKinsey: China's Energy Central Enterprises Going Out to Have Resources

Global management consulting company McKinsey recently released the *** "improve the system benchmarking, promote management transformation, build world-class enterprises," pointed out that Chinese companies want to truly achieve bigger and stronger, evergreen, not only need to show a long-term outstanding Performance, more importantly, always maintains the organization's high level of health.

Recently, the ranking of Fortune 500 companies in the world announced in 2012. The number of China's top listed companies reached 42 and surpassed Japan for the first time, including 12 energy companies. The top three world top 500 companies in China are Sinopec, PetroChina, and State Grid. The State-owned Assets Supervision and Administration Commission released the "Central Enterprise Management Promotion Campaign" at this year in order to maintain the smooth operation of the central enterprises' production and operations.

Xu Haojun, a senior director of McKinsey Global, told this reporter that some of China's coal companies have already taken the lead in international security in terms of safe operation and management. However, energy companies still need to pay attention to their resources and environmental sustainability. "China's energy central enterprises must change their capital efficiency with high investment and low efficiency. In the process of going out, we must clearly draw resources or contribute to the adjustment of the local energy structure." Xu Haoyun said, "The latter is obviously sustainable. And it is popular that Chinese energy companies can go out and use the coalition to resolve political pressures."