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What does China Investment Group do?

CIC is engaged in foreign exchange fund investment management.

China Investment Corporation was established in Beijing on September 29, 2007. It is a wholly state-owned company established with the approval of the State Council of China to engage in foreign exchange fund investment management business.

CIC's registered capital is US$200 billion, which comes from 1.55 trillion yuan raised by the Ministry of Finance of China through the issuance of special treasury bonds. It is one of the world's largest sovereign wealth funds.

The company implements a model of separation of government and enterprises, independent operation, and commercial operation; its business is mainly investment in overseas financial portfolio products, and strives to maximize long-term investment returns within an acceptable risk range.

Investment principles: CIC’s investments are based on economic and financial purposes, with a sound and effective allocation of assets within an acceptable risk range, and strive to maximize the interests of shareholders; it focuses on passive investment and financial investment, pursuing long-term,

Stable and sustainable risk-adjusted returns.

CIC attaches great importance to its social responsibilities, abides by the laws and regulations of the investment recipient countries, and actively contributes to local economic prosperity and development.