Abstract:

China Investment Corporation, as the management organization of China’s sovereign wealth funds, its aim is to improve the efficiency of foreign exchange reserve management to get more return on investment However, due to lack of experience and the influence of international environment, China Investment Corporation has faced several questions such as too much government intervention, lack of professional talent management mechanism, implementation difficulty of risk management, and transparency issues, etc The problems mentioned above should be solved by enhancing exterior governance, establishing international talent cultivating mechanism, improving risk control mechanism and increasing transparency, in the hope of sovereign wealth funds of China playing positive role in the world and creating better investment performance

Key words: sovereign wealth funds, China Investment Corporation, investment strategy, risk control, exterior governance