| Followed by the developing trend of the ever approaching of China's entry into WTO and the globalization of world economy, iron and steel industry--the traditional basic pillar industry in China---will be faced with severe challenges at home and abroad. Although Wuhan Iron and Steel(Group)Corporation(hereinafter referred as WISCO)has formed a stable industry foundation and a strong market competitiveness through 40years' development, the increasing method of the future iron and steel areas can not rely on the expansion of production scale and the foundation of non-steel industry is very weak because of historical problems and heavy social burden. Therefore, WISCO should carry out technical innovation, develop the core technology of self-property right and cultivate the core competitiveness adapted to the requirement of the economic globalization. To develop the strategic study on WISCO's technical innovation by means of deeply understanding the economic definition of the technical innovation has great theoretical and realistic meaning for WISCO's future improvement.The study is to explore the strategic technical innovation problems of concrete industry and enterprises according to the analysis on the technical innovation theoretically adhering to a new research concept. WISCO, facing with the economic globalization and future development, is regarded as the research subject. The paper analyses the innovation environment, clarifies the strategic orientation and target of WISCO's technical innovation and puts forward the next 15 years' strategic priority and measures of WISCO.Following items are discussed in the paper:1. The paper describes the technical innovation theory and introduces the meaning and purpose of the research.2. It analyzes the strategic environment, the challenges and chances for WISCO by means of overall analysis on market, resources, technology, human resources and management, etc.3. It systematically analyses and puts forward strategic target of WISCO's technical innovation and the next 15 years' strategic orientation through comparison analysis on WISCO's competitiveness and product's market representation.4. It formulates the strategic priority of WISCO's technical innovation, suggests seven sub-strategies(i.e. product innovation, technical improvement, non-steel development and human resource cultivation).5. It illustrates the strategic measures of WISCO's technical innovation, i.e. strengthening the construction of Technology Center and innovation system as well as its related mechanism for a better policy environment. |