Home / Business / Finance Tools: Save | Print | E-mail | Most Read | Comment
New head for Huijin's board of directors
Adjust font size:

China Central Huijin Investment Corp, the subsidiary of the nation's sovereign wealth fund, formed a new board of directors on Friday, appointing Lou Jiwei, former finance vice-minister, as its chairman.

Central Huijin was established in 2003 to recapitalize State-owned commercial banks. It became a wholly owned subsidiary of China Investment Corp (CIC), the $200 billion sovereign wealth fund, last year. Lou, 57, is also chairman of CIC and oversaw the fund's high-profile investments in US private equity firm BlackStone.

(China Daily July 19, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Experts: Don't be afraid of Sovereign Wealth Fund
- State-owned investor eyes overseas market
- Sovereign Wealth Funds to continue booming in 2008
Most Viewed >>
- Small-sum loan business enters launch countdown
- Leading oilfield vows yearly output of 40m tonnes
- Chinese firm seals deal with Bombardier at air show
- China to upgrade lower-yield farmland
- Textile makers ask for curbs on the yuan and tax rebates
- 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?