久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Companies

CIC sets its sights on major global role

By Cai Xiao and Fang Wenyu (China Daily) Updated: 2016-09-06 07:43

CIC sets its sights on major global role

Ding Xuedong, chairman and CEO of China Investment Corporation. [Photo provided to China Daily]

China Investment Corporation is expected to become the world's largest sovereign wealth fund in two years with assets totaling $1 trillion under management by that time, according to its chairman.

"We have laid solid foundations in the past nine years, and we will stick to our original aim of becoming a world leading and respectable sovereign wealth fund," Ding Xuedong, chairman and CEO of China Investment Corporation, told Economy & Nation Weekly.

China Investment Corporation had assets totaling more than $810 billion under management by the end of 2015, and its annualized growth rate of State-owned capital reached 15.3 percent since CIC's inception, according to CIC's financial report of 2015.

"CIC's assets under management will exceed $1 trillion in two years based on this growth," said Ding.

Niu Huayong, dean of the Business School at Beijing Foreign Studies University, said it is within expectations that China Investment Corporation will grow into the world's largest sovereign wealth fund.

"China Investment Corporation has done a great job and an important reason is that their leaders of the sovereign wealth fund are ambitious," said Niu.

Li Shuguang, a law professor at China University of Political Science and Law, said different from other countries, the amount of China's State-owned capital is very huge and the nation's sovereign wealth fund is very strong.

"As the global economy remains volatile, CIC is also transforming its strategy, investment areas and corporate governance," said Li.

Li suggested that with stronger investment capability, CIC can even further diversify its investment portfolio.

Ding said CIC will pay attention to alternative investments, referring to investments in asset classes other than stocks, bonds and cash, in the future and set up a sustainable development mechanism to prevent risks. Previously, CIC mainly invested in public equity and fixed income.

CIC's financial report for 2015 showed that due to volatilities in international financial markets and foreign exchange losses triggered by an appreciating US dollar, CIC's overseas investments generated a dollar-denominated net return of-2.96 percent in 2015 and a net cumulative annualized return of 4.58 percent since CIC's inception.

"We are diversifying our investment," said Ding. "CIC is increasing investments in alternative investment including private equity, hedge funds, real estate and infrastructure to achieve steady investment returns and seek opportunities in emerging industries."

Ding said it is cooperating with excellent private equity investors to co-invest and to strengthen its capabilities in direct investment.

CIC is also expanding real estate investment in developed countries, after setting up an independent real estate investment department in 2015 which made nine deals last year.

Li Xiang contributed to this story.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲男人天堂av | 国产精品免费精品自在线观看 | 性欧美video另类bd | 波多野结衣在线视频免费观看 | 日本免费一区二区三区看片 | 国产区更新 | 欧美性精品hd在线观看 | 成人综合婷婷国产精品久久免费 | 成人中文字幕在线高清 | 97久久精品国产精品青草 | 日韩一级片在线播放 | 一级毛片免费在线播放 | 牛人盗摄一区二区三区视频 | 亚洲欧美综合国产不卡 | 国产码一区二区三区 | 精品亚洲欧美高清不卡高清 | 男人毛片 | 美女视频黄a视频美女大全 美女视频黄a视频免费全程 | 国产精亚洲视频 | 毛片大全在线观看 | 午夜影院欧美 | 国产成人精品视频免费 | 国产偷怕 | 欧洲成人免费视频 | 日韩精品另类天天更新影院 | 亚洲国产欧美在线人成aaa | 欧美一级免费在线观看 | 国产三级高清 | 91久久国产成人免费观看资源 | 免费国产一级特黄久久 | 手机看a | 亚洲特级黄色片 | 美国毛片毛片全部免费 | 欧美精品在欧美一区二区 | 免费观看欧美精品成人毛片能看的 | 亚洲国产最新在线一区二区 | 欧美在线一区二区三区不卡 | 男人的天堂视频在线观看 | 久久久久99精品成人片三人毛片 | 久久久久综合给合狠狠狠 | 久久亚洲国产欧洲精品一 |