综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Minister: CIC to make prudent investment

(Xinhua)
Updated: 2007-12-13 08:43

China's sovereignty wealth fund will maintain prudent investment and respect the laws in recipient countries, Finance Minister Xie Xuren said in Beijing Wednesday.

Speaking during a break in the two-day China-US Strategic Economic Dialogue, Xie said that the fund would pursue long-term investment instead of short-term speculation, and would achieve a balance between security and profitability.

"So, the sovereignty wealth fund is an important force in helping stabilize global growth and address global economic imbalance," he said.

The fund, or China Investment Corp (CIC), was set up in September this year, with an initial capital of $200 billion from the country's massive foreign exchange reserves.

One-third of the capital would be used to purchase Huijin Investment Co that now controls major state-owned commercial banks. Another third would be injected into state-owned banks for shareholding reforms, CIC chairman Lou Jiwei said earlier this week.

The remaining $70 billion was earmarked for overseas investment in a wide range of portfolios but would not seek control, said Lou.

"CIC attaches great importance to dialogue and cooperation with international organizations, foreign regulatory bodies and counterparts," said Xie.

It would be effectively supervised and operate in accordance with international rules and local laws in recipient countries.


(For more biz stories, please visit Industry Updates)



金山区| 洪洞县| 哈密市| 大化| 新丰县| 子洲县| 银川市| 商南县| 聊城市| 观塘区| 文登市| 宁蒗| 江北区| 台中县| 镇平县| 徐州市| 宜良县| 会同县| 永平县| 鄂伦春自治旗| 县级市| 临高县| 浦县| 古丈县| 商水县| 九台市| 商南县| 江西省| 奉新县| 常熟市| 内江市| 涞源县| 广东省| 桓仁| 安义县| 南阳市| 庆云县| 高安市| 农安县| 丽江市| 县级市|