China Investment Corporation

About CIC

As a sovereign wealth fund, CIC is a vehicle to diversify China's foreign exchange holdings and seek maximum returns for its shareholder within acceptable risk tolerance.

Governance

CIC set up its Board of Directors and Board of Supervisors in accord with China's Company Law. The three governing bodies of CIC are the Board of Directors, the Board of Supervisors and the Executive Committee.

Investments

As a long-term financial investor, CIC invests globally and independently. As a responsible investor, we abide by the laws and regulations of China and recipient countries and conscientiously fulfill our corporate social responsibilities.

Media

As a large institutional investor, and to become a world-class sovereign wealth fund, CIC has implemented the Santiago Principles in good faith, demonstrating its commitment to timely information disclosure while protecting its reasonable business interests.

Careers

People are our most valuable resource.
We encourage professional enhancement and career development, by recruiting talent from different countries with different cultures, bringing in wisdom, passion and creativity. Meanwhile, we advance our employees' careers by providing challenging opportunities in investment management and regional development.

Home > Investments > Decision-making Process

Investments

Investment Philosophies| Decision-making Process| Investment Portfolio| Sustainable Investment| Risk Management

CIC maintains a methodical, disciplined, and effective decision-making framework for overseas investment and investment management. Decision-making bodies at different levels have clear divisions of responsibility with coherent interlinkages. Investment decisions are made with due consideration to both efficiency and compliance.

At present, investment decisions at different levels and for different asset classes are implemented by four committees:

• the Asset Allocation and Investment Policy Committee

• the Public Market Investment Committee

• the Non-Public Market Investment Committee

• the Dynamic Asset Allocation Committee

CIC has issued pertinent rules in order to further enhance the efficiency and quality of decision-making and clarify the authority and accountability in relation to investment management.

Pursuant to guidelines set by the Board of Directors and the Executive Committee, the Asset Allocation and Investment Policy Committee, the Public Market Investment Committee, the Non-Public Market Investment Committee, and the Dynamic Asset Allocation Committee formulate investment strategies, policies, and performance and risk targets, and also devise or revise investment management systems and procedures accordingly. These committees convene regularly (and on an ad hoc basis when necessary) to review investment proposals and take independent investment decisions.

Investment Portfolio Risk Management

Investments