Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Business Highlights Tools: Save | Print | E-mail | Most Read | Comment
Investment Company Likely to Be Officially Established This Week
Adjust font size:

According to some inside sources, the China Investment Co. Ltd. expects to be officially established this week.

The source said that Lou Jiwei, Gao Xiqing, Zhang Hongli, Xie Ping and Hu Zuliu were on the top management list of the new company.

Managing Director of Goldman Sachs (Asia) Hu Zuliu, recently in Dalian, didn't directly answer the question of the China Securities Journal whether he had joined the China Investment Co. Ltd. But Hu said that he believed that professional, commercial and independent operations are essential for the China Investment Co. Ltd. He also stressed that emphasis shouldn't be focused on specific investments, but rather on building institutions.

Regarding the size of the whole investment team, he said that the magnitude of the team depends upon the scale of the assets and the subsequent management model. If the company adopts an internal management system, it would require about 1,000 backup personnel, IT, risk management and law personnel altogether, along with 100-200 investment professionals.

For more details, please read the full story in Chinese. (

( September 10 2007)


Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
Most Viewed >>
-China set to hit the brakes on rising yuan
-Power to resume shortly in worst-hit area by snow
-Macao's gaming market expands further
-Online operators are on top of the game
-Insurance firms set to stump up billions

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号