Chairman Zhang Qingsong of China Investment Corporation: Focus on enhancing autonomous investment capabilities, strive to build a top-notch sovereign wealth fund.

Reporter: Expanding high-level opening up to the outside world is also an important task during the "13th Five-Year Plan" period. What considerations does China Investment Corporation have in improving the quality and level of overseas investment and serving high-level opening up? Zhang Qingsong: China Investment Corporation deeply studies and implements the spirit of the Fourth Plenary Session of the 20th CPC Central Committee, the spirit of the Central Economic Work Conference, and the spirit of the National Financial System Work Conference, accurately grasping the deployment requirements of the "Suggestions," coordinating high-quality development and high-level safety, and actively and prudently doing a good job in overseas investment management. First, we must bear in mind the original mission of investing for the country and actively serving the overall development of the country. We must give full play to the advantages of the sovereign wealth fund platform and the overall strength of China Investment Corporation, prudently promote the landing of major investment projects such as national venture capital guidance funds, actively increase investment in emerging market countries and regions, explore the promotion of RMB internationalization in overseas investment, and serve the overall development of the country. Second, we must focus on enhancing independent investment capabilities and strive to build a first-class sovereign wealth fund. In public market investments, we focus on optimizing strategy structure and layout, increase investment in key areas with self-owned funds, and continuously improve investment management efficiency. In private market investments, we vigorously expand cooperation with industry entities, peer institutions, and other types of partners, actively build cooperation frameworks and platforms, steadily increase joint investments and direct investments, continuously enhance the initiative and influence of overseas investment cooperation. Third, we must persist in placing security in a more important position, continuously improve the resilience and quality of the total portfolio. We must adhere to risk prevention and control as the eternal theme of financial work, strengthen the sense of responsibility of "never letting go," adhere to avoiding dangerous places, chaotic places, and risky industries, continuously diversify regional layouts, improve the total portfolio management mechanism, build a comprehensive risk management system, focus on enhancing the safety and controllability in key operational links, and build a total portfolio with greater resilience, higher quality, and more distinctive characteristics of China Investment Corporation.