As a responsible global institutional investor and a valuable partner, CIC has always exercised prudence and professionalism, establishing an international profile as a sovereign wealth fund that operates on international, market-oriented and professional basis.
The International Forum of Sovereign Wealth Funds (IFSWF) is an important global organization comprising key sovereign wealth funds. Since its inception, it has been instrumental in fostering exchange and cooperation between sovereign wealth funds, promoting policy dialogue with major recipient countries and regions, and facilitating the orderly flow of cross-border investments. As a founding member, CIC has been an active participant in its various endeavors. It has carefully enforced the Santiago Principles for the governance of global sovereign wealth funds. In 2018, Mr. Tu Guangshao, former Vice Chairman and President of CIC, was elected to IFSWF’s Board.
The company continued to expand its wide high-level global cooperation network consisting of government departments, financial regulators, investment peers, industry experts, and the media. It also maintained close communication and conducted mutual visits with a large number of foreign politicians, officials of international institutions, senior executives of business partners, representatives of peer organizations, and academics from research institutions.
CIC promptly disclosed key operational and management information to maintain transparency about the company’s investment business, share with the rest of world the operations of China's sovereign wealth fund, and enhance the understanding and recognition of the international community. That included corporate governance, investment strategies and concepts, key investment projects, and changes in management personnel, business performance, and operating income—through various communication platforms such as the company’s official website, annual report, spokesperson, media reports, and social media. This was well-appreciated and much applauded by recipient countries and regions and CIC’s partners.
For more information on the International Forum of Sovereign Wealth Funds, other sovereign wealth funds and the Santiago Principles, please refer to the Forum's official website: www.ifswf.org