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CITIC Group
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{{Short description|Chinese state-owned investment company}} {{distinguish|CIT Group|Citigroup}} {{for|the main subsidiary|CITIC Limited}} {{Infobox company | name = CITIC Group Corporation Ltd. | logo = CITIC Group Logo.png | image = 中國尊.jpg | image_size = 250px | image_caption = Headquarters at [[China Zun]] | native_name = 中国中信集团有限公司 | native_name_lang = ZH | type = [[State-owned enterprise]] | industry = Conglomerate | founder = [[Rong Yiren]] | area_served = | key_people = {{ubl |[[Chang Zhenming]] (chairman) |Jiong Wang (vice chairman, president, Member of Executive Committee and Member of Nomination Committee) |Jianzhong Dou (Executive Director and Member of Executive Committee) |Wei Min Ju (CFO) }} | products = [[Metals]] <br /> [[Oil & gas]] <br /> [[Construction]] <br />[[Food]] | services = [[Financial services]] <br /> [[Investments]] | revenue = [[US$]] 131.2 billion (2023)<ref name=Financials>{{cite web |title=CITIC Group|url=https://fortune.com/company/citic-group/ |website=Fortune Global 500 |publisher=Fortune |access-date=2024-08-24}}</ref> | operating_income = | net_income = [[US$]] 4.124 billion (2023)<ref name=Financials /> | assets = [[US$]] 1,617.6 billion (2023)<ref name=Financials /> | num_employees = 213,290 (2023)<ref name=Financials /> | parent = [[Ministry of Finance of the People's Republic of China|Ministry of Finance]] | divisions = | subsid = [[CITIC Limited]] | footnotes = in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards<ref>{{cite web|url=http://www.citicgroup.com.cn/iwcm/UserFiles/2013/2013-07/AnnualReport2013.rar|title=2013 Annual Report|date=2014|access-date=24 November 2016|publisher=CITIC Group|format=RAR|archive-date=25 November 2016|archive-url=https://web.archive.org/web/20161125043135/http://www.citicgroup.com.cn/iwcm/UserFiles/2013/2013-07/AnnualReport2013.rar|url-status=live}}</ref> | homepage = {{Official URL}} | foundation = {{start date and age|1979|07|1}} | location_city = [[Beijing]] | location_country = China | location = | module = {{Infobox Chinese|child=yes|s=中国中信集团有限公司|t=中國中信集團有限公司|p=Zhōngguó zhōngxìn jítuán yǒuxiàn gōngsī|order=st|altname=CITIC Group|s2=中信集团|t2=中信集團|p2=zhōngxìn jítuán}} }} '''CITIC Group Corporation Ltd.''', formerly the '''China International Trust Investment Corporation''' (CITIC), is a [[State-owned enterprise|state-owned]] [[investment company]] of the [[People's Republic of China]], established by [[Rong Yiren]] in 1979 with the approval of [[Deng Xiaoping]].<ref>{{cite web |url=http://citicgroup.com.cn/wps/portal/!ut/p/b1/04_Sj9CPykssy0xPLMnMz0vMAfGjzOI9w8zcLULdQoM9XV1MDRxNXL283H09DE1cjPQLsh0VAc_K3bQ!/?lctn=1&flag=61 |title=CITIC Group Corporation: Brief Introduction |newspaper=CITIC Group |access-date=August 17, 2015 |archive-url=https://web.archive.org/web/20160304090526/http://citicgroup.com.cn/wps/portal/!ut/p/b1/04_Sj9CPykssy0xPLMnMz0vMAfGjzOI9w8zcLULdQoM9XV1MDRxNXL283H09DE1cjPQLsh0VAc_K3bQ!/?lctn=1&flag=61 |archive-date=March 4, 2016 |url-status=dead }}</ref> Its headquarters are in [[Chaoyang District, Beijing|Chaoyang District]], [[Beijing]].<ref>{{cite web|url=http://www.citicgroup.com.cn/wps/portal/encitic/lxwm|title=Citic Group Contact|access-date=2012-02-24|archive-url=https://web.archive.org/web/20130310083652/http://www.citicgroup.com.cn/wps/portal/encitic/lxwm|archive-date=2013-03-10|url-status=dead}}</ref> {{as of|2019|post=,}} it is [[China]]'s biggest [[State-owned enterprise|state-run]] [[Conglomerate (company)|conglomerate]]<ref name=liu19>{{cite news |last1=Liu |first1=Alfred |title=Citic Joins Chinese State Firms Boycotting Cathay Pacific |url=https://www.bloomberg.com/news/articles/2019-08-15/citic-joins-chinese-state-firms-boycotting-cathay-pacific |access-date=17 August 2019 |work=Bloomberg Business |date=August 14, 2019 |archive-date=2020-06-09 |archive-url=https://web.archive.org/web/20200609232731/https://www.bloomberg.com/news/articles/2019-08-15/citic-joins-chinese-state-firms-boycotting-cathay-pacific |url-status=live }}</ref> with one of the largest pools of [[Net foreign assets|foreign assets]] in the world.<ref name=aboutus>{{cite web|title=CITIC Limited {{!}} Corporate Profile|url=http://www.citic.com/AboutUs/CorporateProfile|website=citic.com|language=en|access-date=2017-09-22|archive-url=https://web.archive.org/web/20170923004816/http://www.citic.com/AboutUs/CorporateProfile|archive-date=2017-09-23|url-status=dead}}</ref> In 2023, the company was ranked 71st in the [[Forbes Global 2000]].<ref>{{Cite web|language=en|url=https://www.forbes.com/lists/global2000/?sh=51d599675ac0|title=The Global 2000 2023|website=Forbes|access-date=2024-02-07|archive-date=2024-01-29|archive-url=https://web.archive.org/web/20240129031905/https://www.forbes.com/lists/global2000/?sh=4f5ab07e5ac0}}</ref>
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