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China Investment Corporation information


China Investment Corporation
Company typeSovereign wealth fund
IndustryInvestment service
Founded2007; 17 years ago (2007)
Headquarters
Beijing
,
China
Key people
Peng Chun (Chairman and CEO)
Ju Weimin (Vice Chairman, President and CIO)
Operating income
Increase US$ 118.012  billion (2019)[1]
Net income
Increase US$ 110.313  billion (2019)[1]
AUMIncrease CNY5.58 trillion (2021) US$0.87 trillion[2]
Total assetsIncrease US$ 1,350  billon (2023)
Total equityIncrease US$ 946.934  billion (2019)[1]
Number of employees
689 (2019)[3]
SubsidiariesCentral Huijin Investment
Websitewww.china-inv.cn Edit this at Wikidata

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]

  1. ^ a b c China Investment Corporation Annual Report 2017
  2. ^ "CIC Released Annual Report 2021". www.china-inv.cn. December 31, 2021. p. in paragraph 4.
  3. ^ http://www.china-inv.cn/wps/wcm/connect/62e332fc-8ddd-4eb9-b21c-b5cc3585e82a/CICAnnualReport2015.pdf?MOD=AJPERES&CACHEID=62e332fc-8ddd-4eb9-b21c-b5cc3585e82a [bare URL PDF]
  4. ^ MENAFN. "Visualizing The World's Largest Sovereign Wealth Funds". menafn.com. Retrieved June 21, 2023.
  5. ^ "China Investment Corporation (CIC) - Sovereign Wealth Fund, China - SWFI". www.swfinstitute.org. Retrieved June 21, 2023.

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