China International Economic Consultants
中国国际经济咨询有限公司
One Key · One World · One Dream
Who We Are
WHO WE ARE
China International Economic Consultants Co., Ltd. (CIEC) is a wholly-owned primary subsidiary of CITIC Group. Founded in October 1981 by Mr. Rong Yiren, former Vice President of China and founder of CITIC Group, together with veteran industrialist Mr. Jing Shuping, CIEC is the earliest professional consulting firm established in mainland China after the Reform and Opening-up.
At its inception, the company was established to support the introduction of foreign capital and advanced technology for the then China International Trust and Investment Corporation and to serve the country's reform and opening-up efforts. The company brought together a group of passionate and highly knowledgeable professionals, upholding the corporate spirit of 'efficiency, integrity, and dedication' and adhering to the principles of 'independence, objectivity, and fairness.' It played a significant role in conducting feasibility studies for foreign investment projects and providing legal, financial, and technical consulting services.
The company published the 'China Investment Guide,' which became a crucial window for foreign investors to understand China during the early reform and opening-up era, significantly promoting the influx of foreign capital. Additionally, the company pioneered services such as market research, feasibility studies, and financing leasing, achieving several industry 'firsts' in China's socialist modernization.
The company is committed to attracting top talent from around the world, bringing together a team of highly educated and capable professionals with an international perspective. Among current employees, 80% hold a master's degree or higher, and 18% have a doctoral degree. Their expertise spans finance, economics, business administration, information technology, and engineering, with many having extensive experience working in national ministries and large enterprises.
The company has established a postdoctoral research station with strong research capabilities, focusing on fundamental and forward-looking research in key business areas and future expansion directions. It has nurtured a significant number of talented individuals who excel in both theoretical research and practical application.
With the historical mission of 'implementing national strategy, empowering national rejuvenation, and embodying the CITIC brand,' CIEC aims to build a world-class consulting firm, guided by the creed of 'independence, objectivity, and impartiality.'
With the continuous deepening of reform and opening-up and the improvement of the socialist market economy, the company has consistently expanded its business in alignment with national objectives. Leveraging CITIC Group's comprehensive ecological advantages as a multinational group integrating finance and industry, CIEC remains focused on 'economics' and 'internationalization,' offering comprehensive consulting services across investment and financing, industrial development, international trade cooperation, corporate management, project management, strategic planning, evaluation, green development, and digitalization — completing over 5,000 consulting projects to date.
Efficiency, Integrity, Dedication
Independence, Objectivity, Impartiality
History & Heritage
HISTORY & HERITAGE
First Board Meeting · October 31, 1981
China International Economic Consultants was established on October 31, 1981
“Since implementing the open-door policy, we have felt a lack of understanding about the outside world. Establishing such……”
—— Jiang Zemin (then Deputy Director of the State Import and Export Commission)
Pioneering 'Firsts' in China's Reform and Opening Up
First 'China Investment Guide'
First published in Hong Kong by Economic Reporter in 1981. Republished globally by Longman UK in 1984, widely welcomed by governments and business leaders worldwide.
First Aircraft Leasing Service
China's first leveraged lease for civil aviation aircraft. CIEC provided legal advisory services for introducing the first Boeing aircraft from the US to China.
First Market Research Commission
Commissioned by the Sino-American Pingshuo Coal Mine joint venture to forecast demand and pricing for thermal coal in the Far East region.
First Overseas Bond Issuance Service
Provided advisory services for CITIC's issuance of 10 billion yen in private bonds in Japan — the first overseas bond issuance in the history of the People's Republic of China.
Closely aligned with national development strategies and leveraging CITIC Group's unique ecosystem spanning finance and industry, we have built a comprehensive multi-domain consulting service system covering investment and financing, industrial development, engineering management, international trade cooperation, corporate management, green development, planning and strategy, evaluation and appraisal, and digital transformation.
Investment and Financing Consulting
Management Consulting
Industrial Development Consulting
Engineering Management Consulting
International Economic and Trade Cooperation Consulting
Green Development Consulting
Planning and Strategy Consulting
Evaluation and Appraisal Consulting
Digital Development Consulting
客户与伙伴
CLIENTS & PARTNERS
CIEC has deep roots in the consulting industry, with a partnership network spanning renowned enterprises worldwide. In the early days of reform and opening-up, we provided specialized consulting services for foreign companies entering the Chinese market, including Occidental Petroleum, Otis Elevator, Coca-Cola, SmithKline, Longman, and Bell.
In recent years, leveraging CITIC Group's comprehensive ecological advantages as a multinational group integrating finance and industry, we remain focused on 'economics' and 'internationalization,' serving high-quality economic and social development. We provide professional consulting services to local governments and major domestic enterprises including PetroChina, Sinopec, China Energy, China Life, and CITIC Group.
We look forward to partnering with you to create value.
CIEC Official WeChat