During winter dormancy, the tip tends to die - more commonly in P. elongata than in P. fortunei, and more commonly in areas with winter frosts. When growth resumes in spring, new side shoots develop below the tip. Various pruning techniques can be used to encourage one of the new season's shoots to grow vertically and continue to extend the trunk length. A long, straight trunk free of side branches, is needed to produce high quality, knot-free logs suitable for veneers and joinery.
Coppice method of forming straight trunks.
...is to plant seedlings or cuttings in the field at the required final spacing, allow them to grow for one or two years to establish their roots, then cut them back close to ground level in winter, when dormant. In spring, vigorous new shoots appear from the coppiced stump. The best new shoot is retained, to produce a single, tall, straight stem. In this method, the tree's established root system supports the rapid regrowth of the selected stem.
Trees which grow poorly, have poor form, or are damaged, can be coppiced again (in winter) until a tall, straight stem is produced.
Large
(thats a reletive term) amounts of NPK fertiliser are needed for young trees, to produce rapid growth and a tall, straight stem in the early years. Once established, the trees may need less fertiliser, depending on the fertility of the site and the desired growth rate. Minor elements may need to be applied.
REF
http://www.agric.wa.gov.au/content/LWE/VEGT/TREES/TREENOTE9.HTM#sil