OREANDA-NEWS. April 21, 2014. 12th Coaltrans held in Shanghai, China. The experts, scholars and entrepreneurs from home and abroad of coal, electric power, metallurgy, and chemical industry exchanged views and made discussions on the outlook of China's energy market, coal transportation situation and development strategic analysis, as well as the development of the coal industry issues etc.

Zhang Youxi said the market competition in the future is not only the competition of product quality and price-cost, but also the contest of the core competitiveness and sustainable viability. The traditional comparative advantages must be upgraded to the quality and efficiency of competitive advantage; build industrial upgrades to guarantee the increasingly intense competition remaining invincible.

Zhang Youxi, chairman of Datong Coal Mine Group, made a keynote speech with the title of "deepening reform and innovation, quality and efficiency upgrades, make great effort to build an upgraded coal enterprises" in the meeting. First, accelerating the cultivation of the core competitiveness is the strategic choice for the enterprise to effectively respond the market and achieve industrial upgrading. Second, further promoting equity diversified is the core power for enterprises to implement corporate restructuring and great integration, and to improve the development quality of the enterprise. Third, to fully implement service socialization is a good way for old enterprises to deepen reform and reduce costs.