As the headquarters in full charge of POSCO China business in China, POSCO (China) Investment Co., Ltd. (hereinafter referred to as POSCO-China) provides support related to the business operation in personnel, labor service, training, reformation, finance, law works, technical exchange, etc. POSCO-China sells iron and steel products to domestic and foreign markets and is responsible for the trade service of fuel, raw materials and equipment purchase required by the iron and steel industry through the sales network of Beijing, Shanghai, Guangzhou and cities nationwide. In addition, POSCO-China is in charge of boosting China's new industry development and has wide exchanges and cooperation with all iron and steel companies, governmental agencies and social organizations in China. Through technical cooperation and joint venture, with an active effect on the common development of China and South Korea Steel Industry, POSCO-China is practically performing the function of “Control Tower”.