China Investment Corporation was established in Beijing on September 29th, 2007. Approved by the State Council, China, it is a wholly state-owned company engaged in the investment management of foreign exchange funds. The registered capital of the company is US$ 200 billion, and the funds come from RMB 654.38 billion+RMB 550 million raised by the Ministry of Finance of China through the issuance of special government bonds. It is one of the largest sovereign wealth funds in the world. The company implements the mode of separation of government from enterprise, independent operation and commercial operation; This business focuses on the investment of overseas financial portfolio products, and strives to maximize the long-term investment income within an acceptable risk range. CIC has 65,438+0,200 employees, including 65,438+00 board members, including 2 executive directors, 5 non-executive directors, 65,438+0 employee directors and 2 independent directors. The two executive directors are 1 Ding He. The five non-executive directors are from five ministries and commissions, namely the National Development and Reform Commission, the Ministry of Finance, the Ministry of Commerce, the People's Bank of China and the State Administration of Foreign Exchange, including Zhang, Deputy Director of the National Development and Reform Commission, Li Yong, Vice Minister of Finance, Hu Xiaolian, Vice Minister of the Ministry of Commerce and Vice Governor of the People's Bank of China, and Fang Shangpu, Deputy Director of the State Administration of Foreign Exchange. The two independent directors are Liu Zhongli, former vice minister of finance, and Wang, current vice director of the National Development and Reform Commission. The employee director is Kun Li, director of the company's human resources department. After the establishment of CIC, central huijin Investment Co., Ltd. was incorporated as a wholly-owned subsidiary of CIC. The company has set up its own board of directors and board of supervisors, which are responsible for investing in and holding the shares of key state-owned financial enterprises, exercising the shareholders' rights on behalf of the State Council, and not engaging in any other business activities or interfering in the daily business activities of holding enterprises.