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Citic Group, also known as China International Trust Investment Corporation, is a state-owned conglomerate in China. It is one of the largest and most diversified financial and industrial conglomerates in the country, with its business covering a wide range of industries including finance, real estate, infrastructure, energy, and manufacturing. Citic has a significant presence not only in China but also in various international markets, with operations in over 120 countries and regions. The company was established in 1979 and has since grown into a global powerhouse, with a focus on promoting economic development and international cooperation. Citic Group plays a crucial role in China's economic development and is a key player in the country's Belt and Road Initiative.