CIC eyes healthy prospects in US

The head of China's sovereign wealth fund said on Monday that it is eyeing rich investment opportunities in the United States as president-elect Donald Trump plans to expand the nation's infrastructure programs.

Ding Xuedong, chairman of China Investment Corp, said the fund is planning to increase its investment in private equity, hedge funds, high-tech and infrastructure construction in the US.

"China and the US should improve economic inclusion to cooperate more with each other, develop new technology, enhance connectivity and increase investment in infrastructure construction," said Ding.