# China International Intellectech Corporation Group

China International Intellectech Corporation Group is a Government / Public Body based in Beijing, China.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Beijing, China
- **Founded:** 1987
- **Assets under management:** Undisclosed
- **Website:** ciic.com.cn
- **LinkedIn:** https://www.linkedin.com/company/china-international-intellectech-corp

## Regulatory record

- **Reports private funds:** No

## About

CIIC Group was founded in 1987 as a state-owned enterprise under SASAC, initially focused on international cooperation in economy, technology, and talent. Bu Yulong serves as Chairman and Party Secretary, while Neil Bush, son of former US President George H.W. Bush, has held the title of Co-Chairman since 2006 — a trans-Pacific political linkage unusual for a Chinese government entity. The firm's operational footprint straddles government-mandated services and direct commercial investment. It operates the French Visa Application Center across multiple Chinese cities, a concession it has held since 2007 under authorization from the French Embassy in China. CIIC's structure includes minority external shareholders in certain subsidiaries — CITIC Securities Investment holds approximately 1.4% of CIIC Shanghai, per public filings. The firm also owns the Long March Digital Art Memorial in Guiyang, a cultural-property holding that extends its remit beyond commercial real estate and visa logistics into state-aligned heritage projects. Operational offices are confirmed in Beijing, Shanghai, Shenzhen, Changzhou, and Guiyang. CIIC's structural differentiator is its unusual franchise as a visa-processing intermediary for a major European government, creating a captive operating business that sits outside typical state-owned enterprise activities. Combined with a commercial real estate portfolio and cross-border talent services, the firm functions as a multi-mandate government platform — not a pure investment vehicle, but an operating company with real assets whose balance sheet is opaque and whose capital deployment priorities are set by Party leadership rather than market-facing investment committees.

## Sectors

- Human Resources Services
- Real Estate
- Government & Public Services

## Offices

- Shanghai
- Shenzhen
- Changzhou
- Guiyang

## People

- Bu Yulong — Chairman and Party Secretary
- Neil Bush — Co-Chairman

## Questions

### How is CIIC related to the French Visa Application Center network?

CIIC has operated the French Visa Application Center in multiple Chinese cities since 2007, under authorization from the French Embassy in China. This concession generates steady administrative revenue and gives CIIC a captive operating business distinct from its human-resources and real-estate lines, per the firm's own description of the relationship.

### What assets does CIIC Group directly hold?

Confirmed holdings include the Zhongzhi Building in Shanghai, an office property on Shennan Zhong Road in Shenzhen, the General Times Center Showroom in Beijing, the Changzhou Culture Plaza Technology Centre, the Long March Digital Art Memorial in Guiyang, and the French Visa Application Center network across multiple cities. These constitute a mixed portfolio of commercial real estate, cultural facilities, and an administrative-services franchise.

### Which government body ultimately controls CIIC Group?

SASAC — the State-owned Assets Supervision and Administration Commission of China's State Council — is CIIC Group's parent regulatory body and controlling entity. SASAC oversight means CIIC's governance, capital allocation, and strategic direction are subject to central government priorities rather than independent fiduciary mandates.

## Related profiles

- [China Industrial Bank](https://altss.com/profile/china-industrial-bank)
- [China Investment Corporation](https://altss.com/profile/china-investment-corporation)

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Last updated: 2026-08-11T02:43:31.692Z

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