Friday May 25, 2018
    Home > News > Economy
    Text:| Print|

    CIC saw 10.6 pct investment return ratio in 2012

    2013-03-04 16:54 Xinhua     Web Editor: qindexing comment

    China Investment Corporation, China's sovereign wealth fund, registered a 10.6 percent return ratio on its investments last year, said Liang Xiang, executive vice-president of CIC on Monday.

    "The performance is very comforting amid the backdrop of a complicated economic situation and financial markets last year," she said.

    Liang said that half of CIC's portfolio was invested in the open market, while the other half was invested in long-term projects in the real economy.

    "Real estate will not be a major target for our investments, but it will continue to be a part of our portfolio that provides sound returns," Liang said.

    She made the remarks while attending the annual meeting of the Chinese People's Political Consultative Conference National Committee as a member.

    CIC got a new round of investment worth $30 billion from the State Administration of Foreign Exchange last year, and is getting more involved in the property market.

    United Kingdom media reported last October that CIC is in talks to buy Deutsche Bank's headquarters building in London for 250 million pounds ($403 million), and is also involved in some infrastructure projects in the UK.

    Read more:

    Special report: Exploring the 2013 NPC & CPPCC sessions

    Comments (0)

    Copyright ©1999-2011 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.

    主站蜘蛛池模板: 郓城县| 聂拉木县| 明星| 西盟| 东源县| 股票| 梓潼县| 襄汾县| 沭阳县| 古丈县| 古交市| 涞源县| 明光市| 木兰县| 溧水县| 福清市| 岢岚县| 陵水| 阿克陶县| 盐池县| 云安县| 阿拉善右旗| 南溪县| 舞钢市| 远安县| 新绛县| 宜州市| 黎城县| 乌拉特前旗| 德江县| 调兵山市| 卢氏县| 秦安县| 涡阳县| 敖汉旗| 公主岭市| 克东县| 多伦县| 托里县| 高陵县| 隆化县|