China CITIC Group Co., Ltd. (formerly known as China International Trust and Investment Corporation, abbreviated as CITIC Group) is a central financial enterprise, and its main business focuses on the fields of finance, industry and other services.
20 18 12 was published in the "Top 500 World Brands 20 18" compiled by the World Brand Lab, and China CITIC Group Co., Ltd. ranked 24 1. 20 19 July, Fortune Global 500 released: ranking 137.
On June 5438+February, 2008, CITIC Pacific Limited held a special shareholders' meeting, and passed the plan that CITIC Pacific issued convertible bonds to CITIC Group and CITIC Group undertook some foreign exchange futures contracts.
20 11September 01China niobium industry investment holding co., ltd, which was jointly funded by Shanxi Taigang group, Baosteel group, citic metal company, Angang and Shougang group, successfully acquired Brazilian mining and metallurgy (CBMM)15, the world's largest niobium company, for 195 billion dollars. 20 13 1, CITIC Group holds tianjin precious metal exchange and becomes the largest shareholder in tianjin precious metal exchange. 20/kloc-in April, 2003, CITIC Group took control of Kunming Precious Metals Exchange and became the largest shareholder of Kunming Precious Metals Exchange.
State-owned enterprises are the pillars of our national economy. At present, the contribution rate of state-owned economy to GDP is around 30%. Central enterprises are the main force of state-owned enterprises in China. In China, according to the use of state-owned assets, they can be divided into operating assets and non-operating assets. Operating assets can be divided into central enterprises and local enterprises according to government management authority. Central enterprises in a broad sense include three categories: first, enterprises managed by the State Council State-owned Assets Supervision and Administration Commission, which are divided into those that provide public goods, such as military industry and telecommunications; Providing natural monopoly products, such as oil; Provide competitive products, such as general industry, construction and trade.
Second, the enterprises managed by CBRC, CIRC and CSRC belong to the financial industry. Third, enterprises managed by other departments or mass organizations in the State Council belong to tobacco, gold, railway passenger and freight transportation, ports, airports, radio and television, culture, publishing and other industries. According to the latest judicial examination, a public institution refers to a social organization that relies on financial allocations and aims at public welfare.
It used to be difficult to distinguish between state-owned enterprises and institutions. However, in the wave of market economy, the state promotes state-owned enterprises to the market through equity reform, and state-owned enterprises also aim at pursuing surplus value, not just meeting the production needs of the country. To put it simply, state-owned enterprises are not only sheltered by national policies, but also within the broad scope of enterprise legal persons.