Convened by China Investment Corporation with CGS International as Secretariat, the Council provides a dedicated platform to strengthen sovereign investor partnerships and support capital flows across the China-ASEAN corridor
XIAMEN, China, Sept. 16, 2026 /PRNewswire/ -- China Investment Corporation ("CIC"), Government Pension Fund ("GPF") of Thailand, Indonesia Investment Authority ("INA"), Khazanah Nasional Berhad ("Khazanah") of Malaysia, and State Oil Fund of The Republic of Azerbaijan ("SOFAZ"), launched the China-ASEAN Joint Investment Council ("CAJIC" or "the Council") at the 26th China International Fair for Investment and Trade ("CIFIT") in Xiamen. Kumpulan Wang Persaraan (Diperbadankan) (KWAP) of Malaysia also joined CAJIC.
Convened by CIC with CGS International Securities Pte. Ltd. ("CGS International"), the overseas arm of China Galaxy Securities ("CGS"), as Secretariat, CAJIC is a sovereign-to-sovereign investors platform to connect capital, knowledge and leadership across China and ASEAN through regular dialogue, annual forums, themed research, and executive training programs. CAJIC is intended to provide a dedicated institutional platform through which long-term investors can deepen mutual understanding, develop cross-border investment opportunities, and form a more robust and sustainable China-ASEAN investment ecosystem.
Zhang Qingsong, Chairman and CEO of CIC, stated that CIC is optimistic about the long-term prospects of the ASEAN region. CIC places great importance on cooperation with the sovereign investment institutions in the region to strengthen the cross-border investment ecosystem and promote two-way investment.
Oki Ramadhana, CEO of INA, said, "Building on the institutional cooperation established through CAIP, we see CAJIC as a platform for sustained collaboration between China and ASEAN. Regular dialogue and joint research can reduce information gaps, deepen understanding of local markets, and help institutions identify where their mandates and capabilities align. Over time, this can strengthen investment pipelines and build trusted partnerships that extend beyond individual transactions. Ultimately, CAJIC's value will lie in its ability to connect institutions, ideas, and opportunities, and translate them into investment collaboration that creates enduring value for China, ASEAN, and our respective stakeholders."
Israfil Mammadov, CEO of SOFAZ, said, "For SOFAZ, CAJIC is a natural extension of our approach to building long-term partnerships with leading sovereign institutions and deepening our engagement across an increasingly important investment corridor. The Council provides a valuable forum for peer institutions to exchange perspectives, strengthen relationships and explore areas of practical cooperation. We look forward to contributing SOFAZ's experience and perspective while developing partnerships that can create long-term value."
Dr Soraphol Tulayasathien, Secretary-General of GPF, said, "As a long-term institutional investor, GPF sees growing opportunities across the China–ASEAN corridor, particularly in sustainable infrastructure, digitalization, advanced manufacturing and the low-carbon transition. CAJIC can provide a practical platform for institutional investors to deepen dialogue, share research and better assess both opportunities and risks. We look forward to turning shared knowledge into sound long-term investment decisions, supported by strong governance and disciplined risk management."
Dato' Amirul Feisal Wan Zahir, Managing Director of Khazanah, said, "Khazanah is honoured to be part of the China-ASEAN Joint Investment Council, which comes at an important time for our region. China and ASEAN are already deeply connected through trade, investment and supply chains, and the next phase of growth will require sustained dialogue, trusted partnerships and disciplined long-term capital. As Malaysia's sovereign wealth fund, Khazanah is committed to advancing Malaysia's role as a trusted gateway between China, ASEAN and the wider world, helping to connect capital, technology, talent and markets in ways that deliver shared and sustainable value. Through CAJIC, we look forward to working with like-minded institutions to strengthen regional connectivity, deepen investment collaboration and support long-term prosperity across China and ASEAN."
Wang Sheng, Chairman of CGS, said, "CAJIC extends CGS International's work in the China-ASEAN corridor from capital deployment through CAIP launched earlier this year, into the wider institutional platform where sovereign investors across the region can convene, research and collaborate. With our deep presence in ASEAN and strong Chinese parentage, CGS International is positioned to bring the research, distribution and on-the-ground networks needed to support the founding members across the Council's three pillars. We are grateful to CIC, GPF, INA, Khazanah, KWAP and SOFAZ for their trust, and look forward to building CAJIC into the corridor's leading sovereign investor platform."
CAJIC was inaugurated at the 26th CIFIT in Xiamen on 8 September 2026.
