CITIC: China's groundbreaking SOE

On December 1978, the third Plenary Session of the 11th Central Committee of the Communist Party of China (CPC) made a historic decision - China would launch a program of reform and opening up.

Over the past three decades the nation made great strides to reform from a highly planned economy into a dynamic socialist market.

The turnaround was a brilliant achievement for social development. Within the unprecedented transformation, CITIC Group - dedicated to reform, innovation and progress - played a pivotal role.