China CITIC Group Corporation (formerly China International Trust and Investment Corporation) was initiated and approved by Deng Xiaoping, the chief architect of China's reform and opening up, and was founded by Rong Yiren, the former vice president of China, on June 4, 1979+00. Several generations of Rong established cooperative relations before China came to power. After the founding of the People's Republic of China, it was a "model" of the transformation of the national bourgeoisie, and was praised as "red color is the capital of the family" at home and abroad. The choice of Rong Yiren as Vice President of the State has sent a strong signal. He represents the correct direction of individual, private and private economy in the reform and opening up.

The predecessor of CITIC Group is China International Trust and Investment Company, the first trust company in China, which was founded by former vice president Rong Yiren at 1979. 1979 1, Comrade Deng Xiaoping hoped that Rong Yiren and other comrades could do some practical things around the reform and opening up and give full play to their role when meeting with people from the industrial and commercial circles and democratic parties. In February of the same year, Comrade Rong Yiren put forward the "Preliminary Opinions on Suggesting the Establishment of an International Investment Trust Company" to the Central Committee. 1June, 979, the State Council officially approved the establishment of China International Trust and Investment Company. 1979 10, China international trust and investment company was formally established, with Rong Yiren as the chairman and general manager. China International Trust and Investment Company was established at the beginning of China's reform and opening-up, and now it has become the window of China's opening-up.

The main business is concentrated in the service industries such as finance and industry. 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. 20 19 September, 20 19 China Top 65438 strategic emerging industries list was released in Jinan, ranking by China CITIC Group Co., Ltd.17; 20 19 the list of the top 500 service enterprises in China was released in Jinan, and China citic group co., ltd ranked 17. 20 19 12, China citic group co., ltd was selected as the brand of China brand power festival on 20 19.