Governance
China Investment Corporation appoints Wu Wei vice-chairman and president
China Investment Corporation announced that Wu Wei had been appointed vice-chairman and president following a State Council and CIC Board decision. The official announcement was dated August 21, 2026. CIC describes its mandate as diversifying China's foreign-exchange holdings and seeking maximum returns within an acceptable risk tolerance.
China Investment Corporation’s official media page recorded a State Council and CIC Board decision appointing Wu Wei as vice-chairman and president. The announcement is dated August 21, 2026. CIC describes itself as a sovereign wealth fund established to diversify China’s foreign-exchange holdings and seek maximum returns within an acceptable risk tolerance. Its website says the organisation invests globally as a financial investor and operates independently in its investment decisions.