Recently, the 18th National Enterprise Management Modernization Innovation Achievement Award results are announced. Group Corporation trade union's state owned large enterprise's' staff democratic management based on three core systems and Baosteel Company Limited Marketing Management Department's building and implementation of trade friction risk monitoring and response system in global perspective win the first and second prize respectively.

Group Corporation union's state owned large enterprises staff democratic management based on three core systems raises and solves the problem of staff democratic status at the theoretical level and offer experiences in the construction of harmonious labor relations; In the legal level, it finds operation rules and methods for the implementation of staff democratic rights and interests under the Constitution, Company Law, Labor Contract Law and in the enterprise management level, it establishes a series of system and operation mechanism to protect staff democratic management.

Baosteel Company Limited Marketing Management Department's building and implementation of trade friction risk monitoring and response system in global perspective is the first to establish the enterprise level import and export data monitoring and analysis system in domestic steel companies and to build trade friction risk monitoring and response system in a global perspective. It enhances the efficiency and level of Baosteel's response to trade friction and has a strong demonstration effect and practical significance.

Last year, the Group Corporation vigorously promoted management innovation and many results have won awards from industry associations and locally. For example, Baosteel has a total of 10 management innovations which win the China Iron and Steel Association Management Innovation Achievement Awards among which the Group Corporation Audit Department's the innovation of large steel company management audit model building and Baosteel Company Limited Marketing Management Department's building and implementation of trade friction risk monitoring and response system in global perspective win the first prizes.

A total of 12 management innovations win Shanghai Federation of Industrial Economics Management Innovation Achievement Awards among which, Baosteel Company Limited. Marketing Management Department's marketing value analysis project based on data mining technology wins the first prize.