China Investment Corporation

China Investment Corporation
Company typeSovereign wealth fund
IndustryInvestment service
Founded2007 (2007)
Headquarters,
China
Key people
Peng Chun (Chairman and CEO)
Ju Weimin (Vice Chairman, President and CIO)
Increase US$ 118.012  billion (2019)[1]
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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