Latest News:  


CIC announces new head of supervisory board


08:10, May 28, 2013

BEIJING, May 27 (Xinhua) -- China Investment Corporation (CIC) announced Monday that Li Xiaopeng, former vice president of Industrial & Commercial Bank of China Ltd. (ICBC), has replaced Jin Liqun as the Chairman of the Board of Supervisors of CIC.

An online statement of CIC said the decision was made by the State Council, China's cabinet, on May 17.

CIC highly commends the excellent leadership and service of Jin Liqun during his five-year tenure as Chairman of the Board of Supervisors, and his efforts in promoting international engagement between CIC and various stakeholders, said the statement.

Founded in September 2007 with 200 billion U.S. dollars in registered capital from the country's huge foreign reserves, CIC has expanded its footprint to over 100 countries, with its overseas portfolio accounting for some 40 percent of its total assets.

The supervisory board of CIC is responsible for monitoring the behavior of the fund's directors and executives.

We Recommend:

Intelligent & beautiful Asian business women

19-year-old self-made multimillionaire

55th Housing Fair held in E China's Jiangsu

Top 10 instant noodles of all time

Eye-catching models highlight house fair

'Lipstick effect' hits China as economy slows

10 million-yuan bra shines in North China

Top 10 most competitive cities in China in 2013

Hot atmosphere at Int'l Brand Underwear Fair

Email|Print|Comments(Editor:WangLili、Chen Lidan)

Leave your comment0 comments

  1. Name


Selections for you

  1. East China Sea Fleet conducts drill

  2. Snipers complete military skill training

  3. Photos of the week (May 19 - May 25)

  4. Thrilling hurdlers in street

  5. Teacher nabbed for molesting students

  6. Group wedding for migrant workers

  7. World's largest Lego in Times Square

  8. China defends Sudirman Cup

  9. Ladies in finance industries

  10. Most competitive airlines in the world

Most Popular


  1. U.S. dollar could weaken most Asian currencies
  2. Apple's tax dodge smacks of abuse
  3. Chinese premier's Swiss tour fruitful, influential
  4. China-Switzerland FTA to benefit both sides
  5. What China-Switzerland FTA brings about?
  6. What does Premier Li's Europe visit mean?
  7. Not enough attention paid to neurological diseases
  8. Why Chinese youths appear gloomy
  9. Let taxi fare reform be fair
  10. Beijing taxi fare rise hardly seen as all-win solution

What’s happening in China

China's Shandong witnesses frequent thunderstorms, downpours | More Photos

  1. Past week sees no new H7N9 cases, 1 death
  2. 'Queen of Snake-raising': Road to success
  3. Farmers take advantage of rainfalls to plant corn
  4. China's social insurance funds revenue soars
  5. Centuried trestle damaged by heavy rain