From Sept 17 to 21, the 23rd China-ASEAN Expo (CAEXPO) is taking place in Nanning, Guangxi Zhuang autonomous region, under the theme "CAFTA 3.0 Opportunities, Better Life". CITIC Group, as a special strategic partner of this year's expo, brings together 15 of its companies and four industrial-chain partners to the event, showcasing how its three core businesses — finance, investment and industry — support high-level opening-up and cooperation between China and ASEAN.

For the finance sector, CITIC Financial Holdings is advancing the "One CITIC, One Client" principle, coordinating equity, credit, bond and insurance offerings to serve companies across the full lifecycle, supporting technological innovation and industrial upgrading with integrated financial services. China CITIC Bank has built correspondent banking ties with 151 ASEAN banks, while CITIC Securities is active in IPOs, equity and bond financing, and M&A across Malaysia, Indonesia, Thailand and other ASEAN markets.

For the investment sector, CITIC Group keeps exploring the integration of technological innovation and industrial development in Guangxi. Through the “Guirong” investment platform, the group has channeled 34.2 billion yuan ($5.1 billion) of investment and set up two funds of funds totaling 14 billion yuan ($2.1 billion) for artificial intelligence and the commercialization of research results — which have backed more than 40 companies. Partners including Huayou Cobalt, Loona Inc, GALBOT and MileBot are exhibiting at the CITIC booth.

For the industry sector, CITIC Group brings a range of projects and solutions spanning advanced manufacturing, resources and energy, infrastructure, biological breeding, digital communications, and culture and consumer to its booth.