China’s sovereign wealth fund, the world’s third-largest institutional investor, is planning more overseas partnerships along the lines of its $5bn US tie-up with Goldman Sachs.

The China Investment Corporation, founded a decade ago with $200bn, said in its annual report on Monday that it had grown that capital to $941bn. It made a 22% return on its domestic Chinese shares during the course of 2017 and posted a record 17.6% return on its overseas investments, it said.