Xi addresses SCO summit meeting in China's Tianjin


Xi calls on SCO to uphold fairness, justice
TIANJIN -- President Xi Jinping called on the Shanghai Cooperation Organization to uphold fairness and justice while addressing the 25th Meeting of the Council of Heads of State of the SCO on Monday.
"We must promote a correct historical perspective on World War II, and oppose the Cold War mentality, bloc confrontation and bullying practices," Xi said.
Xi also called for safeguarding the UN-centered international system, and supporting the multilateral trading system with the WTO at its core.
Xi underscores real results, high efficiency for SCO
TIANJIN -- President Xi Jinping on Monday called on the Shanghai Cooperation Organization to strive for real results and high efficiency.
Xi made the remarks at the 25th Meeting of the Council of Heads of State of the SCO held in the port city of Tianjin on Monday.
He urged putting into use the SCO Universal Center for Countering Security Threats and Challenges and the SCO Anti-drug Center and setting up an SCO development bank as soon as possible to provide stronger underpinnings for security and economic cooperation among member states.
China to provide 2b yuan in grant to SCO member states within this year: Xi
TIANJIN -- President Xi Jinping on Monday pledged to provide 2 billion yuan (about $281 million) in grant to member states of the Shanghai Cooperation Organization within this year.
Xi made the remarks at the 25th Meeting of the Council of Heads of State of the SCO held in the port city of Tianjin.
China will also issue an additional 10 billion yuan in loan to the member banks of the SCO Interbank Consortium over the next three years, Xi added.
China's investment stock in other SCO member states has exceeded $84 billion, and its annual bilateral trade with other SCO member states has surpassed $500 billion, according to Xi.