China Investment Corporation
Chinese sovereign wealth fund / From Wikipedia, the free encyclopedia
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China Investment Corporation (CIC; Chinese: 中国投资有限责任公司; pinyin: zhōngguó tóuzī yǒuxiàn zérèn gōngsī) is a sovereign wealth fund that manages part of China's foreign exchange reserves. China's largest sovereign fund, CIC was established in 2007 with about US$200 billion of assets under management, a number that grew to US$1,200 billion in 2021[4] and US$1,350 billion in 2023.[5]
Quick Facts Company type, Industry ...
Company type | Sovereign wealth fund |
---|---|
Industry | Investment service |
Founded | 2007; 17 years ago (2007) |
Headquarters | , China |
Key people | Peng Chun (Chairman and CEO) Ju Weimin (Vice Chairman, President and CIO) |
US$ 118.012 billion (2019)[1] | |
US$ 110.313 billion (2019)[1] | |
AUM | CNY5.58 trillion (2021) US$0.87 trillion[2] |
Total assets | US$ 1,350 billon (2023) |
Total equity | US$ 946.934 billion (2019)[1] |
Number of employees | 689 (2019)[3] |
Subsidiaries | Central Huijin Investment |
Website | www |
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