CITIC Group · Beijing China
Company Description
Phone: +86-10-6466-5534
Fax: +86-10-6466-1186
View CITIC Group Locations On A US Map
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This link will open in a new window Foreign investors may be rushing into China, but CITIC has built its name on investing Chinese funds outside its homeland. State-owned conglomerate CITIC Group oversees the government's international investments, as well as some domestic ones. It has some 45 subsidiaries on four different continents include financial institutions (about 80% of the company's assets), industrial concerns (telecommunications, construction, manufacturing), and service companies (media, technology). Holdings include stakes in
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Key CITIC Group Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $22,540.2 |
| Employees | 68,005 |
CITIC Group Executives
29 executives listed for CITIC Group's Beijing, location.
| Title | Name & Bio | Contact |
| Chairman | Kong Dan | Network |
| Vice Chairman and President; Chairman and Managing Director, CITIC Pacific Ltd. | Chang Zhenming | Network |
| Vice Chairman | Wang Chuan | Network |
Competition
Competitive Landscape for CITIC Group
Demand is driven primarily by the pace of technological innovation and the number of companies created to commercialize new technologies. The profitability of individual companies depends on successfully choosing and managing a portfolio of investments. Large companies have advantages in attracting investors, developing expertise in multiple technology markets, and funding large deals. Small companies can compete effectively by concentrating on specific market sectors or geographic areas. The average venture capital investment is about $8 million. Individual, or angel, investors, and large companies with strategic interests in early-stage companies are also sources of new venture funding. To read the full description, subscribe now.Top CITIC Group Competitors
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