She said that by leveraging the countries’ respective strengths and exploring new opportunities for collaboration, the two countries can further deepen the partnership and play a pivotal role in fostering regional stability and prosperity while maximising the potential of economic, trade and technology cooperation.

“While the first 50 years had borne witness to the many successes of our two countries, the future trajectory of the Kuala Lumpur-Beijing relationship hinges on continued engagement and efforts to promote sustainable development and prosperity for both nations,” she said at CGS International Securities Malaysia (CGS MY) rebranding launch today.

CGS MY today unveiled its new brand and proposition for the company following the acquisition of a 100% stake in CGS-CIMB Securities (Malaysia) by China Galaxy Securities (CGS) on Dec 29, 2023.

The acquisition is expected to enhance CGS International’s networks in China and Asean, specifically in Malaysia, Indonesia, Singapore, and Thailand, as well as provide CGS MY with greater connections with regional clients and investment opportunities.

Lim said that in 2023, the total trade volume between the two nations reached RM450.84 billion, cementing China’s position as the largest trading partner for the 15th consecutive year.

As at February, this year, the total trade volume between the two nations had reached US$15.52 billion (RM74.16 billion)

She said the ministry looks forward to greater innovation from the group, and advanced regional access as CGS International serves as a nexus and gateway for not only Chinese and international investors looking to invest in and/or operate in Malaysia but also for Malaysian investors and companies looking for greater opportunities in the region.