CITIC Group

<p>CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a <a href="/facts/State-owned_enterprise/yml2hFlI">state-owned</a> <a href="/facts/Investment_company/dQC7HBhr">investment company</a> of the <a href="/facts/People%2527s_Republic_of_China/lTjIXY5p">People's Republic of China</a>, established by <a href="/facts/Rong_Yiren/rtEjKepz">Rong Yiren</a> in 1979 with the approval of <a href="/facts/Deng_Xiaoping/qloJ6G8m">Deng Xiaoping</a>.  Its headquarters are in <a href="/facts/Chaoyang_District%2c_Beijing/qCohQfcA">Chaoyang District</a>, <a href="/facts/Beijing/Bg4puFBv">Beijing</a>. As of 2019, it is <a href="/facts/China/lTjIXY5p">China</a>'s biggest <a href="/facts/State-owned_enterprise/yml2hFlI">state-run</a> <a href="/facts/Conglomerate_(company)/YBbUVg1d">conglomerate</a> with one of the largest pools of <a href="/facts/Net_foreign_assets/ln03hIM8">foreign assets</a> in the world. In 2023, the company was ranked 71st in the <a href="/facts/Forbes_Global_2000/cpxW0UVa">Forbes Global 2000</a>.
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CITIC Group open-in-new

CITIC Group