PROFILE |
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State-owned conglomerate China International Trust & Investment Corporation (CITIC) oversees the government's international investments, as well as some domestic ones. Its nearly 40 company holdings include a controlling stake in a Hong Kong bank, as well as investments in aluminum (Australia), timber (the US Pacific Northwest and Alaska), communications, and machinery. CITIC also has a presence in Canada and in Europe. CITIC's leadership answers directly to the government's state council. CITIC is creating a single holding company to for its insurance, banking, and brokerage subsidiaries. The move heralds China's entry into the World Trade Organization.
COMPETITION |
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Cheung Kong Infrastructure Holdings Limited (dossier)
China Resources Enterprise, Limited (291)
Guangdong Investment Limited (270)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 3,922.60
1-Yr. Sales Growth: 13.3%
Employees: 23,425
Revenue per employee: $167,453.58
KEY PEOPLE |
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Wang Jun
CEO
Weiming Jun
CFO
CONTACT INFO |
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Capital Mansion, 6, Xinuan Nanlu
Beijing 10004, China
Phone: 86-10-6466-0088
Fax: 86-10-6466-1186
Online: Web Site
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