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China CITIC Group Co., Ltd. (formerly China International Trust and Investment Company) was founded by Comrade Rong Yiren in 1979 with the support of Comrade Deng Xiaoping. 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 an innovative development path serving China's reform, opening-up and modernization by absorbing and utilizing foreign capital and introducing advanced technology, equipment and management experience.
1993 in March, Comrade Rong Yiren was elected Vice President of the State, and the State Council adjusted the leadership of China International Trust and Investment Company, with Comrade Wei as the chairman and Comrade Wang Jun as the general manager. Since 1993, the company has conducted extensive discussions on development strategy, business focus and management, with the focus on overcoming the tendency of attaching importance to development and neglecting management, and strengthening management and macro-control.
Baidu encyclopedia-China CITIC Group Co., Ltd.
CITIC Group-Group Profile