CIC is: China Investment Corporation (under the Ministry of Finance)?
SDIC is: National Development and Investment Corporation (under SASAC).
State Development and Investment Group Co., Ltd. (hereinafter referred to as "SDIC") was established on May 5, 1995. It is an important state-owned backbone enterprise directly managed by the central government, the only investment holding company among the central enterprises, and the first batch of pilot units for the reform of state-owned capital investment companies.
China Investment Corporation was established on September 29th, 2007. It is a wholly state-owned company engaged in the investment management of foreign exchange funds established in accordance with the Company Law of People's Republic of China (PRC) (hereinafter referred to as the Company Law). The Ministry of Finance of China raised 654.38+055 billion yuan by issuing special treasury bonds, and purchased foreign exchange reserves equivalent to 200 billion US dollars as the registered capital of CIC.
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The core values of CIC
1, integrity?
Honesty is the most basic requirement for our employees and the working principle we pursue. Adhering to this principle, we consciously abide by the laws and regulations of China and the receiving countries and adhere to the strictest professional and moral standards. ?
2. Do your duty?
It is the basic duty and solemn commitment of the company and every employee to operate entrusted assets and realize successful investment. We will always remember our responsibilities. The company is responsible to shareholders and strives to maximize shareholders' rights and interests; Employees put the interests of the company first and do their best. ?
3. Steady and prudent?
We adhere to the business philosophy of being steady, prudent and conscientious, and control the risk of each investment with a rigorous attitude. The company and every employee always keep calm judgment and diligently perform their duties. ?
4. knowledge and enterprising?
Continuous learning is the foundation of the company's success, and best practice is the guarantee of the company's development and growth. We strive to create a learning enterprise environment and encourage every employee to improve themselves and create brilliance. ?
5. Pursuing Excellence?
We advocate Excellence, pursue the best standards and inject high-quality professional requirements into all aspects of the company's business. ?
6. teamwork?
We advocate team spirit, encourage all departments to cooperate sincerely, and promote all employees to work together. This is an important guarantee for the company to achieve efficient operation and sustainable development.
References:
Baidu Encyclopedia-China Investment Corporation (hereinafter referred to as "China Investment Company")
References:
Baidu encyclopedia-national development and investment group co., ltd