|
|
NPC & CPPCC Annual Sessions > Biz & Economy > News
|
CIC sees 'good opportunity' for international investmentBy (Xinhua)
Updated: 2009-03-11 17:13 It's now a "good opportunity" for the China Investment Corp (CIC), China's sovereign wealth fund, to make international investment, said a top CIC official Wednesday.
"The major concern is when and how we should take actions," said Wang during a panel discussion of the CPPCC National Committee's annual session. As a "passive financial investor", the CIC will stick to its initial purpose of increasing the investment proceeds of China's foreign exchange reserves and "adjust its investment strategies according to market conditions", said Wang. "Like most sovereign wealth funds in the world, we're restricted by many factors and can not invest wherever there's a market opportunity," he said when talking about the CIC's future investment direction. "The business scope of the CIC is just international investment."
|
||||||
崇信县| 利津县| 交口县| 包头市| 门源| 边坝县| 瓮安县| 洞口县| 齐齐哈尔市| 芦溪县| 馆陶县| 治多县| 巩义市| 宽城| 辉县市| 兰坪| 宁乡县| 江城| 蓬莱市| 太白县| 福清市| 当雄县| 赤城县| 开封市| 独山县| 涞源县| 安庆市| 安龙县| 大厂| 七台河市| 凤山县| 尼木县| 石林| 锡林浩特市| 自贡市| 新源县| 四子王旗| 济宁市| 宜宾县| 温宿县| 太保市|