BEIJING, Dec 5 (Reuters) - Beijing has no plans at present to increase the size of China Investment Corp, the country's $200 billion sovereign wealth fund, Assistant Finance Minister Zhu Guangyao said on Friday.
Zhu, speaking at a news conference after two days of high-level Sino-American talks, said CIC was still in its start-up phase.
"At present, according to my understanding, CIC has made no request to increase its equity capital base," Zhu said.
CIC was established in September 2007 with $200 billion in reserves that were transferred to it from the State Administration of Foreign Exchange, an arm of the central bank that manages China's $1.9 trillion in reserves. (Reporting by Zhou Xin; Writing by Alan Wheatley; editing by Ken Wills)