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China National Aero-Technology Import & Export Xiamen Corporation (CATICXM) was established in 1981 with the registered capital of RMB 50 million. Currently it has 99 employees. CATICXM is a wholly owned subsidiary of China National Aero-Technology Import & Export Corporation (CATIC). Backed up by the solid aviation industry of China, CATIC has become a large multinational conglomerate engaging in a variety of business, ranging from manufacturing to merchandise trading, real estate, projects contracting, financing, leasing, and etc. By the end of the 2000, the accumulated international trade amount reached US$15.7 billion, firmly holding its position in the first 20 places among the nation's top 500 trading companies. CATIC owns 10 domestic subsidiaries, 7 specialized member companies and over 60 overseas subsidiaries and representative offices in 30 countries and regions in the world. It has established business and cooperative relations with more than 100 countries and regions. Now its total assets amount to RMB 19.4 billion. CATIC has been listed among the nation's top 300 State-owned enterprises.
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