[Brief Introduction]
The Fund was established in Beijing on December 29, 2014, with investment from the State Administration of Foreign Exchange, China Investment Corporation, Export-Import Bank of China and China Development Bank.
Following a philosophy of openness, inclusiveness and mutual benefit, the Fund mainly provides investment and financing support for trade and economic cooperation and connectivity under the framework of the Sick Road Economic Belt and the 21st Century Maritimes Silk Road Initiative (hereinafter referred to as the Belt and Road Initiative). In collaboration with domestic and international enterprises and financial institutions, the Fund is designed to promote common development and prosperity of China and other countries and regions involved in the Belt and Road Initiative.
The Fund is a medium to long-term development and investment fund. Through a variety of forms of investment and financing, primarily equity investment, the Fund is dedicated to supporting infrastructure, resources and energy development, industrial capacity cooperation and financial cooperation in countries and regions involved in the Belt and Road Initiative to ensure medium and long-term financial sustainability and reasonable returns on investment.
[Investment Philosophy]
The Fund makes investment decisions based on market principles, international practice and professional standard. The Fund invests in equity, debt and other funds. It can word with international development organizations, domestic and overseas financial institutions to jointly set up funds, and also manage entrusted assets and commission others to invest.
[Corporate Governance]
The Fund has established a board of directors, a board of supervisors and a management team according to the Company Law of the People’s Republic of China. The Fund has also recruited high caliber professionals with diverse background from various disciplines, and set up an effective and efficient corporate governance mechanism.
[Shareholder Structure]
The Fund has total capital of USD 40 billion and RMB 100 billion. The proportions of capital contributions committed by the State Administration of Foreign Exchange (through Buttonwood Investment Holding Company Ltd.), China Investment Corporation (through Seres Investment Co.,Ltd.), China Development Bank (through China Development Capital Co.,Ltd.) and Export-Import Bank of China are 65%, 15%,5% and 15%, respectively.