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Sovereign Wealth Funds Briefing - Categorized | People

Top CIC post reward for young rising star

Posted on 01 July 2013

The youngest-ever deputy secretary general of the mainland’s cabinet is poised to take the reins of the country’s giant sovereign wealth fund. The top position at China Investment Corp (CIC) has been unfilled since March, when former chairman Lou Jiwei was appointed finance minister.
Ding Xuedong, 53, spent more than 10 years at the Ministry of Finance, rising to vice-minister, before he was promoted to his State Council job in 2010. Earlier, he was a department head in the State-owned Assets Supervision and Administration Commission. Ding holds a doctorate in economics from the Ministry of Finance’s research institute…………………………………Full Article: Source


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