Research On Development Strategy Of Inner Mongolia Yitai Coal Co., Ltd

Coal industry has always been the foundation of the industry in China, it is notonly the basis of the national economy fast development, also is the foundation ofsocial progress, but also is closely related to many industries, such as coal, oil andelectricity, coal-traffic-port-aviation, coal-electricity-chemical industry chain,etc. As early as more than20years ago, many western developed countries hasformed its own coal industry chain, powers such as China, and is in the primary stageof socialism, the coal industry as the basis of other industries, is particularlyimportant, Inner Mongolia, coal resources are rich, the production resources located inthe country, but its exploitation effect is not very ideal. Downturn in the economicdevelopment of the international trade situation change, our country export restraints,in such a dual pressure, coal prices fell, the accumulation of inventory, production andmarketing imbalances, industry profit declined obviously, dim and opportunitiescoexist, in this important economic turning points, adjust the industrial structurequickly, efforts towards energy saving, environmental protection, high efficiency, highquality of the coal industry development is the inevitable choice. Coal production inChina to gather Shan xi province and the Inner Mongolia autonomous regionaccounted for67%of the national coal production, but the consumer market is mostlyin the southeast area, the transportation bottleneck, one of the traditional tax policybrought some fixed costs, the existence of many items makes the strategic orientationof the coal industry is imminent. To face a new round of economic development,foreign big development of coal industry appeared a huge change, coal industry facesto systematic integration and industry chain becomes necessary, the domestic coalindustry is the emergence of a new development strategy, entered the new century, thestructure of the coal industry into strategic adjustments. The sustainable developmentof coal diversification, both the good opportunity, also had serious challenges, coalenterprises should seriously study the new situation of diversified business directionand strategy of sustainable development, and to create a new situation ofdiversification.This article mainly to coal industry development situation at home and abroadand the macro economic situation as backgro und, the key to Inner Mongolia yitai coalco., LTD., the actual case to focus on the research object, explore the coal industrydevelopment strategy in the new period, and Inner Mongolia yitai coal co., LTD., withthe coal production and management, which is mainly for railway transportation and coal industry extension of large private enterprises, the coal enterprises in the country.Currently y i tai coal production and operation, y i tai accounted for more than90%ofthe proportion, is the key of the y i tai group. Challenges in the new period promptedy i tai to advance ready to industrial chain integration and diversification, in order tomaintain lasting core competitive power in the new economic environment. Coalindustry is facing a new round of development mode change, given its significance inthe national economic and social development, its development strategy has becomean economic hot topic, Inner Mongolia yitai standing in this economic background,the comprehensive analysis of the pros and cons of firm growth, win the businessenterprise growth again breakthrough.