国际主权财富基金的发展经验及对中国的启示

摘要近年来，主权财富基金数量快速增长，资产规模急剧膨胀；投资领域广泛，市场影响力不断增强。主权财富基金以其庞大的规模、快速的增长速度成为国际金融市场上一支重要的力量，其发展也越来越得到西方发达国家的普遍关注。主权财富基金的产生及其规模的不断扩大，不仅对国际资本市场，而且对全球金融体系以及世界经济格局都将产生重大影响。中国具有强大的外汇储备支持，人民币国际化趋势显著，中国主权财富基金面临的发展机遇优势明显。在全球产业转移活跃、世界经济政治格局多极化趋势明显的状况下，中国主权财富基金投资战略应向以下三方面发展，即环境、资源、人力配备，其中环境是投资战略的基础，资源是投资战略的核心，人力配备是投资战略可持续的保障。本文在介绍主权财富基金相关情况的基础上，分析中投公司面临的机遇和挑战，提出中投公司应该借鉴全球著名主权财富基金的经验，谋求自身发展。68204

毕业论文关键词主权财富基金理论中投公司问题国际经验

毕业论文外文摘要

Title Study on the Development and the Experience of International SWFs and Implications To China

Abstract

In recent years， sovereign wealth funds have experienced great developments: growing setting-ups， rapid expansion，broad investments， increasing influence of the market and so on. Sovereign Wealth Funds have become an important strength in international financial markets for its large size and rapid growth rate and they draw wide attention from western countries.With the birth and rapid development，Sovereign Wealth Funds will have a significant impact not only on international capital markets， but also the global financial system and the world economic structure1.Under the conditions of the financial crisis， this paper analyzes the adjustment that sovereign wealth funds have made in terms of investment objects， investment direction， investment regions and so on. Because of the huge national foreign reserve and the quick internationalization of RMB，China has more opportunities on the development of sovereign wealth funds.With the quick development of industrial shift in the world and the clear persification of international economics，China investment Company should develop in the following three fields: environment is the base of inventment strategy；resource is the core of inventment strategy，and human resource is the ensurance of sustainability in the inventment strategy. This paper introduces the sovereign wealth funds，and analyzes the opportunities and challenges the CIC facing. CIC should learn from the experience of the leading sovereign wealth funds in the world，to seek its own development.

Keywords Sovereign Wealth Funds Theory CIC Problems International Experience

1 引言 1

1.1 研究背景2

1.2 研究意义2

2 主权财富基金理论综述 3

2.1 主权财富基金概念界定3

2.2 主权财富基金的特征4

2.3 主权财富基金对经济的影响5

2.3.1 对全球资本市场的影响5

2.3.2 对全球金融体系的影响6

3 中国主权财富基金发展状况8

3.1 中国主权财富基金设立背景 8

3.2 中国主权财富基金外部环境问题8

3.3 中投运营中的问题9

3.3.1 功能定位有待完善9

3.3.2 尚未建立完善的法律体系9

3.3.3 公司治理结构有待完善9 国际主权财富基金的发展经验及对中国的启示:http://www.youerw.com/jingji/lunwen_76662.html