国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Make me your Homepage
left corner left corner
China Daily Website

Investing a nation's wealth wisely

Updated: 2013-09-30 08:55
By Chen Jia ( China Daily)

New frontiers

Since its inception in 2007, CIC has strived to generate higher returns on China's huge foreign exchange reserves. Most of its investments have been spread across a range of countries such as Australia, Brazil, France, Russia and the United Kingdom.

Last year, nearly 27.8 percent of the equity investments CIC made overseas were in advanced economies other than the US, with Europe being the mainstay. The corresponding figure for such investment in 2011 was 20.6 percent.

A look at the direct investment projects of CIC last year shows that five out of the six projects were in Europe, including France, Russia and the UK. In 2012, 23 percent of CIC's equity purchases came from emerging markets, especially in the Asia-Pacific region. The proportion was 29.6 percent in 2011. But that seems to be changing, as Africa and Europe slowly become new destinations for the fund.

In November last year, CIC invested 450 million pounds ($720 million) for a 10 percent stake in Heathrow Airport Holdings Ltd, a prominent airport operator in the UK and one of the busiest international air hubs in Europe.

It also invested 276 million pounds in January last year for an 8.68 percent stake in Thames Water Utilities Ltd, a London-based private utility company responsible for public water supply and waste water treatment.

"CIC perceives the UK as a destination of choice for long-term investment because of its business-friendly environment and sound legal framework," the company's annual report said.

Russia is another region in Europe where the fund has invested in several resource projects. Last year, the CIC signed a Memorandum of Understanding with Vnesheconombank in Moscow for investment cooperation in infrastructure construction and development programs in the Russian Far East. The fund also injected $425 million into Polyus Gold International Ltd, the largest gold producer in Russia.

 
 
...
乡宁县| 金门县| 永康市| 井冈山市| 张家界市| 孟州市| 浦城县| 苏尼特左旗| 泸定县| 永城市| 常州市| 晋州市| 陕西省| 荆门市| 长海县| 杂多县| 洞口县| 齐齐哈尔市| 巴林左旗| 泾川县| 舞钢市| 秦皇岛市| 金昌市| 清丰县| 新平| 临桂县| 新沂市| 宾川县| 北安市| 南丹县| 平遥县| 利川市| 乌鲁木齐县| 赤壁市| 玛纳斯县| 深圳市| 嘉义县| 石台县| 南川市| 新竹市| 勃利县|