Harbin International Trust & Investment Corporation (HITIC) was founded in October, 1979 and is a state-owned enterprise under the direct leadership of the State Council.

HITIC is an outcome of Harbin's economic reform and open policy. As one of the major organizations employing foreign capital in Harbin, HITIC is an important window on Harbin's opening to the outside world.

While adhering to the socialist principles, HITIC acts in line with the law of market economy, operates with modern scientific management and takes an active part in both domestic and international competition.

HITIC takes upon itself to bring in scientific and effective advanced technology cooperation and to engage in domestic and international financing and banking, investment and trade by means of absorbing and using foreign capital.

HITIC has developed itself into an international conglomerate with fairly large scale and business covering both finance and industry.