50 Businesswoman: Xie Qihua, Chairman Of Baosteel

In July 12, 2005, the fortune magazine published the list of the top 500 enterprises in the world, and Baosteel ranks among them.

This reminds us of the bold prediction of Xie Qihua, chairman of Baosteel Group, as early as this May 21st's China Economic Summit: Baosteel is now the largest and most modern iron and Steel Group in China, and is expected to enter the world top 500.

As China's first competitive industry and manufacturing industry among the top 500 in the world, Baoshan Group has earned 372nd yuan in business income of 120 billion 400 million yuan, or 14 billion 548 million US dollars.

After hearing the news, our reporter immediately contacted the Baosteel Group Corporation headquarters in Shanghai.

After hearing the news, Mr. Meng, the Propaganda Department, said very firmly that Xie Dong had never accepted reporters' interviews, and our staff members generally did not express their views on the company leaders.

When it comes to the company's major celebrations or promotional activities, Mr Meng is also very determined to say no.

Mr. Meng also told reporters that a number of calls were received today to ask Xie Qihua to be politely refused.

He said that our Baosteel felt that there was no need to spend too much energy on the propaganda of the world's top 500. We have our strategy.

Xie Qihua, the head of Baosteel Group, has been named "the 50 strong woman in the world" by the fortune magazine, and has also been awarded the 2003 China Economic woman's annual figure.

In 1968, he graduated from Xie Qihua, an industrial and civil engineering major of Tsinghua University. From an ordinary technician in the capital construction section of Shaanxi steel works to the head of technical section, deputy section chief, deputy director, director of planning department, assistant director and Deputy conductor of Baosteel Engineering Headquarters, the director of Baosteel Group's planning and development department to the vice president and general manager of Baosteel Group, and then to the chairman of the board, it is a step by step.

Under the guidance of Xie Qihua, the Shanghai Baoshan Iron and Steel Co, founded in 1978, succeeded in bringing in Shanghai's local Steel Corp steel and Meishan Iron and steel company in 90s and establishing Shanghai Baosteel Group Corporation.

The Shanghai Baosteel Iron and Steel Group, which was born after the merger, became the largest iron and steel complex in China with a total assets of over 100 billion.

Entering the twenty-first Century, Baosteel's collectivization and diversification became more and more intense.

In April 2001, Xie also operated the strategic alliance of Baosteel Group and Shougang and WISCO, and formed all-round cooperation in the fields of market, R & D, investment and financing, and management to build the flagship of China's iron and steel industry.

Baosteel is now one of the 12 iron and steel enterprises in the world with more than ten million tons, becoming the third iron and steel enterprise after Pohang iron making and Nippon Steel.

The domestic media has pointed out in a warm manner that Xie has managed the equivalent of 100 billion Chinese steel giant ships with the management style of "softness" and "unique vision, leadership and rich experience".

In any case, we really saw Xie Qihua's Thoughts on Baosteel and saw the strategy of Baosteel.

However, Xie Qihua also said on some occasions that joining the world's top 500 ranks is only a phased goal of Baosteel. Baosteel's ultimate goal is to become a first-class multinational company.