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Home > Company Index > Financial Services > Investment Firms > China International Trust & Investment Corporation

China International Trust & Investment Corporation
 PROFILE
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
Cheung Kong Infrastructure Holdings Limited (dossier)
China Resources Enterprise, Limited (291)
Guangdong Investment Limited (270)

 FINANCIAL OVERVIEW
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
• Wang Jun
    CEO
• Weiming Jun
    CFO

 CONTACT INFO
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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