Using Factor Analysis to Evaluate the Classification Reform Result of State-Owned Geological Exploration Units

When Chinese state-owned geological exploration units are undergoing classification reform, the key to success is to identify the right direction of reform through proper categorization. While such reform is often affected by random application and administrative order, the development capability of geological exploration units lacks sufficient scientific evaluation, which reduces the accuracy of classification reform. As the pure competitiveness theory fails to accurately evaluate the development capability of geological exploration units, this work constructs different development capability evaluation index systems for three types of state-owned geological exploration units, and uses factor analysis to calculate the development capability of sixty state-owned geological exploration units. The evaluation index system of development capability constructed in this paper is specially set for different types of geological exploration units with different natures, which provides a new evaluation method for the classification reform of state-owned geological exploration units.