China CITIC Group Co., Ltd. (formerly known as China International Trust and Investment Corporation, hereinafter referred to as CITIC Group), a central financial enterprise, was established on June 4, 1979. The main business is mainly financial, industrial and other service industries.
CITIC Group has now developed into a large-scale comprehensive multinational enterprise group with both finance and industry. Among them, finance involves banks, securities, trusts, insurance, funds, asset management and other industries and fields; The industry involves real estate, project contracting, resources and energy, infrastructure, machinery manufacturing, information industry and other industries and fields, with strong comprehensive advantages and good development momentum.
On August 2nd, 20021,Fortune magazine's list of the world's top 500 was released, and CITIC Group has been on the list for 13 years in a row, ranking 1 15, which is higher than the ranking in 20201.
The definition of central enterprises:
Central enterprises, referred to as "centrally managed enterprises" for short, refer to wholly state-owned or state-controlled enterprises directly managed by the Central People's Government (the State Council) or entrusted by the state-owned assets supervision and administration institutions to exercise the responsibilities of investors, and their leading institutions are entrusted by the Central Organization Department, the State-owned Assets Supervision and Administration Commission of the State Council or other central ministries (associations).
In particular, it is pointed out that in China, apart from the central enterprises in a broad sense and a narrow sense, the responsibility of a single central enterprise in the process of national social and economic development is quite special. These central enterprises are directly managed by the State Council and belong to the ministerial level.