CITIC Press Group
CITIC Press Group (Chinese: 中信出版集团), formerly CITIC Publishing Group, is a publishing company founded in 1988 based in Beijing, China. The publisher is a subsidiary of the state-owned CITIC Group.[1] They engage in digital and physical book retail and provide professional education. HistoryThe company was established in 1988 as China CITIC Press.[citation needed] In 2001, Wang Bin was hired to run the publishing house.[2] It was reorganized to CITIC Publishing Group in 2008, and renamed back to CITIC Press in 2013.[3][4] Since 2010, the CITIC Press Group has been developing a network of bookstores in major airports and other important buildings in China. By December 2015, the company owned 132 bookstores, and announced its plan to open of a 1,000 more the following year.[5] In January 2017, the company announced the launch of its content product aggregation platform Citic Academy.[6] In September 2017, the CITIC Press Group signed a deal with Japan's Culture Convenience Club to create a joint cultural content distribution platform.[citation needed] References
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