Is CITIC state owned or state owned?

Updated on Financial 2024-02-08
8 answers
  1. Anonymous users2024-02-05

    CITIC Group Corporation is a large-scale state-owned key enterprise managed by the state, and is an operation and management institution authorized by the state for investment.

    The predecessor of CITIC Group is the former China International Trust and Investment Corporation, which was personally advocated and approved by the chief architect of China's reform and opening up, and was founded by former Vice President Rong Yiren on October 4, 1979.

    In the early days of its establishment, China International Trust and Investment Corporation was praised by Comrade *** as a window for China's opening up to the outside world.

    CITIC Group has become a large-scale international multinational conglomerate with 44 subsidiaries (banks), including subsidiaries in Hong Kong, the United States, Canada, Australia and other places. Representative offices were established in Tokyo and New York.

    CITIC Group's main and well-known enterprises: CITIC Holdings, CITIC Bank, CITIC International Financial Holdings, CITIC Jiahua Bank, CITIC Pacific Group, CITIC Shares, CITIC Marine, CITIC Trust Investment, CITIC Network, CITIC Guoan Group, Asia Satellite Holdings, Prudential Life Insurance, CITIC Culture Media Group, CITIC Guoan Football Club, etc.

    As of the end of 2007, CITIC Group's total assets amounted to RMB1,321.7 billion. The net profit for the year was 16 billion yuan.

  2. Anonymous users2024-02-04

    A state-controlled joint-stock bank.

  3. Anonymous users2024-02-03

    Do you mean CITIC Network or CITIC Bank?

  4. Anonymous users2024-02-02

    CITIC Group is a state-owned enterprise.

    China CITIC Group****.

    Formerly known as China International Trust and Investment Corporation.

    Referred to as CITIC Group, CITIC Group in English, is a leading financial enterprise, whose main business is concentrated in the financial, industrial and other service industries.

    In December 2018, the "2018 Top 500 World Brands" compiled by the World Brand Lab.

    It was announced that China's CITIC Group ranked in July and released the 2019 Fortune Global 500.

    Ranked 137th.

    development

    In December 2008, CITIC Pacific.

    An extraordinary general meeting of shareholders was convened, and a high vote approved the plan for CITIC Pacific to issue convertible bonds to Zhongnai Pants Distressed Credit Group and CITIC Group to undertake part of the foreign exchange ** contracts.

    September 01, 2011 by Shanxi Taiyuan Iron and Steel Group.

    With Changnian Baosteel Group, CITIC Metal Company, Anshan Iron and Steel Group and Shougang Group.

    China Niobium Investment Holdings, a joint venture company, successfully acquired a 15% stake in Brazil Mining & Metallurgy (CBMM), the largest niobium company in the world, for US$100 million.

    In January 2013, CITIC Group took control of Tianjin *** Exchange and became the largest shareholder of Tianjin *** Exchange.

    In April 2013, CITIC Group took a controlling stake in the Kunming Precious Metals Exchange and became the largest shareholder of the Kunming Precious Metals Exchange.

    The above content reference: Encyclopedia - CITIC Group****.

  5. Anonymous users2024-02-01

    Question 1: Is CITIC Group a state-owned enterprise or a private enterprise? CITIC Group was a state-owned enterprise before 1987, and now it is not a central enterprise, and it can only be said to be a state-controlled listed enterprise.

    Just like the Ministry of Railways, it was originally a department of the state, and the country has overcome all difficulties, and the railway has done everything well. Now the railway company was established, and in a few years it became a state-controlled company. Slow private money injection, coupled with corruption.

    Question 2: Is CITIC a state-owned enterprise China Telecom Corporation is a large state-owned telecommunications enterprise in China.

    Question 3: Are all the subsidiaries of CITIC Group owned by state-owned enterprises? The so-called state-owned enterprises are actually economies owned by the whole people.

    There are not too many pure state-owned enterprises. Strictly speaking, CITIC Group is a joint-stock economy, and it cannot become a state-owned enterprise in the full sense, but can only be said to be a state-controlled company.

    Question 4: Is CITIC ** a central enterprise Is it a central enterprise.

    The controlling shareholder of CITIC ** is CITIC Group, which is now a wholly state-owned enterprise controlled by the Ministry of Finance 100, and the Ministry of Finance is the actual controller of CITIC**. Therefore, CITIC ** is a central enterprise.

    Question 5: Is China CITIC Bank a state-owned enterprise or a private enterprise Hello, China CITIC Bank, yes.

    A commercial bank under CITIC Group that has a high share system

    For more information, please visit ECITIC

    Check the information provided by the staff of the card center

    Question 6: Is China CITIC Bank a state-owned enterprise? Ostensibly not, but all banks in China are controlled by the state!

    Question 7: Is CITIC Real Estate a state-owned enterprise 30 points To be precise, it is a subsidiary of a central enterprise.

    CITIC Real Estate is a first-class holding subsidiary of China CITIC Group Corporation (hereinafter referred to as CITIC Group), with first-class real estate development qualifications and a registered capital of 100 million yuan.

    Question 8: Is CITIC Group a state-owned enterprise, and which unit is directly under the jurisdiction of CITIC Group CITIC Group is a state-owned enterprise, and it is a state-owned enterprise owned by the People's Republic of China, which is 100% controlled by the Ministry of Finance of the People's Republic of China.

    Question 9: Is CITIC Group a state-owned asset? Or is it a private asset? It is a private asset. It is not state-owned, but the former chairman has a close relationship with the country's leaders, and the former chairman of CITIC Group is Rong Yiren.

  6. Anonymous users2024-01-31

    CITIC Group is a state-owned enterprise.

    China CITIC Group****.

    Sanxiao was formerly known as China International Trust and Investment Corporation.

    Referred to as CITIC Group, the English is CITIC Group, which is a leading financial enterprise founded in 1979. The main business is concentrated in the fields of financial finance, industry and other service industries.

    Since its establishment, the company has given full play to the important role of economic reform pilot and opening up window, carried out fruitful exploration and innovation in many fields, and successfully opened up a path for China's reform and opening up through the absorption and use of foreign capital, the introduction of advanced technology, equipment and management experience.

    and the road of innovation and development of modernization services.

    Corporate honors:

    On September 1, 2019, the 2019 Top 500 Chinese Enterprises were released, and CITIC Group ranked 33rd; In 2019, the list of China's top 100 multinational companies ranked third.

    On May 10, 2020, the "2020 Top 500 Chinese Brands" list was released, and CITIC Group ranked 23rd.

    On September 28, 2020, China CITIC Group ranked 33rd in the "2020 Top 500 Chinese Enterprises", with operating income.

    Reach 51893114 million yuan.

    In 2021, CITIC Group was listed on the Fortune Global 500 list for the 13th consecutive year.

    Ranked 115th.

  7. Anonymous users2024-01-30

    CITIC Group (i.eChina CITIC Group****. ) is a state-owned enterprise.

    China CITIC Group**** (formerly known as China International Trust and Investment Corporation.

    Referred to as CITIC Group), it is a leading financial enterprise.

    It was founded on October 4, 1979. The main business is concentrated in the financial, industrial and other service sectors.

    CITIC Group has now developed into a large-scale comprehensive multinational conglomerate with both financial and industrial developments. Among them, finance involves banking, trust, insurance, asset management and other industries and fields; The industry involves real estate, engineering contracting, resources and energy, infrastructure, machinery manufacturing, information industry and other industries and fields, with strong comprehensive advantages and good development momentum.

    On August 2, 2021, Fortune Global 500 in the United States.

    The list was released, and CITIC Group was on the list for the 13th consecutive year, ranking 115th, up 11 places from the 2020 ranking.

    Definition of central enterprises:

    **Enterprise. The abbreviation of "** management enterprise" refers to the ** people ** ( *

    State-owned or state-controlled enterprises managed by the State-owned Assets Supervision and Administration Commission or other ** ministries (associations).

    In particular, it is pointed out that in addition to the broad and narrow definition of enterprises in China, the responsibilities of individual enterprises in the process of national social and economic development are relatively special.

  8. Anonymous users2024-01-29

    CITIC Group is a state-owned enterprise.

    China is like CITIC Group****.

    It is a financial enterprise founded on October 4, 1979. The main business is concentrated in the financial, industrial and other service sectors. In July 2019, according to the release of the 2019 Fortune Global 500.

    CITIC Group ranked 137th.

    **Financial enterprises are under the leadership of the Ministry of Finance, the People's Bank of China, and the China Banking and Insurance Regulatory Commission.

    China's ** Supervision and Administration Commission independently performs its duties in accordance with the law, and supervises independent legal entities such as state-owned financial institutions. As of February 20, 2021, according to the list of ** financial enterprises released by the Ministry of Finance, there are 26 ** financial enterprises, and Chongbei CITIC Group is one of them.

    Definition of state-owned enterprises.

    State-owned enterprises are *** and local people**.

    Wholly state-owned enterprises that perform the duties of investors on behalf of the state.

    Wholly state-owned companies and state-owned capital holding companies, including enterprises at the same level and enterprises formed by investment at the same level and under the supervision of local state-owned assets supervision and administration agencies and other departments.

    According to the division of state-owned asset management authority, state-owned enterprises are divided into ** enterprises.

    Composed****.

    supervised and managed state-owned enterprises) and local enterprises (state-owned enterprises supervised and managed by the local government). The responsibilities of individual enterprises in the process of national social and economic development are relatively special and belong to the direct management.

    It is generally believed that there are three main characteristics of enterprises: first, the financial relationship of assets is listed separately in the Ministry of Finance; second, the personnel relationship is listed separately in the Ministry of Human Resources and Social Security; Third, the operation is listed separately in the national plan.

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