ABSTRACT After join the World Trade Organization (W.T.O.) this year, the domestic enterprises shall be situated in a free-trade environment to face more stronger international competitors, severer environments protection regulations and the more requirements of new technologies. Under this condition, most of the enterprises usually scale up themselves and shift their management mode to group development to face the new competitive environments. China steel corporation group endeavored to run multilaterally. Since the privatization of 1984. This research try to analyze how the CSC group decide the direction for investments according to their core resource and competence on new business scope, and how try transfer or build up the core resource and competence to their daughter companies, and during the multilateral managements process, how they reutilize it to produce new resource and management efficiency to feed back in time to the resource suppliers for their development and make the CSC group to be competitive for ever.