Native name | 中央汇金投资有限责任公司 |
---|---|
Company type | Subsidiary |
Industry | Investment company |
Founded | 2003Beijing, China | , in
Headquarters | , China |
Area served | People's Republic of China |
Key people | Ding Xuedong (Chairman & CEO) |
Parent | China Investment Corporation |
Website | www |
Central Huijin Investment Co., Ltd. | |||||||
---|---|---|---|---|---|---|---|
Simplified Chinese | 中央汇金投资有限责任公司 | ||||||
Traditional Chinese | 中央匯金投資有限責任公司 | ||||||
Literal meaning | Central Foreign Exchange Investment Company Limited | ||||||
| |||||||
Central Huijin | |||||||
Simplified Chinese | 中央汇金 | ||||||
Traditional Chinese | 中央匯金 | ||||||
|
Central Huijin Investment Ltd. is a Chinese sovereign fund company under the China Investment Corporation owned by the State Council of China.
Established in 2003 by the People's Bank of China, five years later it became a wholly-owned subsidiary of China Investment Corporation, with its own Board of Directors and Board of Supervisors.[1] Central Huijin's principal shareholder rights are exercised on behalf of the State Council.[2] Central Huijin is an organization by which the Chinese government can act as a shareholder for the "big four" state-owned banks, thereby improving corporate governance and initiating reforms of the banking industry.[3]