CIC Held International Advisory Council Meeting 202209-12-2022
CIC’s International Advisory Council Meeting 2022 was held virtually on December 8. Mr. Peng Chun, Chairman and CEO of CIC, delivered the opening remarks. 10 IAC members attended and spoke at the meeting, which was chaired by Mr. Ju Weimin, Vice-Chairman, President & CIO of CIC.
This meeting was themed Consistency amid Changes. In his opening remarks, Chairman Peng gave an update on CIC’s overseas investments and practice of corporate social responsibilities, and also shared his views on global economic and financial prospects. Chairman Peng said that in the current investment environment where challenges and opportunities co-exist, CIC stayed true to its philosophy of operating on international, market-oriented, and professional basis. Leveraging its proximity to China’s market and its capabilities to forge connections in other parts of the world, CIC strives to act on global development initiatives, deepen outbound investment cooperation, and contribute to the steady functioning and sustainable growth of the world economy.
IAC members shared their observations on three topics, “Challenges and Solutions on the Path to Global Economic Recovery”, “Challenges and Opportunities of the Green Transition”, and “Consistency and Progress in Building Institutional Investment Capacity”. In their discussions, IAC members shed light on the new landscapes and new challenges in the global economic recovery, looked into the new forays of institutional investors in their pursuit of changes, and touched upon new trends and opportunities of sustainable investing arising from the green transition. Their informative insights will help CIC with its future endeavors to meet challenges and seize opportunities, riding the tide to enhance development. With approximately 200 participants, the meeting was attended either physically or virtually by CIC’s members of the Executive Committee, heads of departments, as well as the representatives of its overseas offices and Central Huijin’s portfolio companies.
The International Advisory Council (IAC), which convenes annually and is composed of distinguished international experts from diverse backgrounds in government, business, and academia, was established in 2009 with a mandate to advise CIC on its development strategy and investment business, and furnish CIC’s executives and staff with insights on geopolitical and macro-economic developments, international financial market conditions, and global investment trends.