SCO International Appeal Growing: Xi

Tianjin: On Monday, Chinese President Xi Jinping called on the member states of the Shanghai Cooperation Organization (SCO) to accelerate the creation of a development bank, given the increasing attractiveness of the 10 -national block. China is forcing a development bank to establish a new Development Bank (NDB) lines of BRICS and Asia Investment Infrastructure Bank (AIIB), where India is the second largest shareholder.
Initially, the IMF, the World Bank and Asia Development Bank (ADB), considered as a competitor Chinese -based banks work with them with the financing model.
SCO, 26 countries participation, cooperation covering more than 50 areas and about 30 trillion US dollar united economic output, the world’s largest regional organization has become the world’s largest organization, he said.
Founded in Shanghai in 2001, SCO includes Russia, Kazakhstan, Kyrgyzstan, China, Tajikistan, Uzbekistan, India, Pakistan, Iran and Belarus. Afghanistan and Mongolia are the observer states and the other 14 countries.
SCO’s “International impact and objection is increasing day by day,” said Xi, the collection of 20 foreign leaders who have been closer to participate in the SCO Plus summit said that grouping is the largest.
Xi spoke twice at the SCO summit and then addressed the SCO Plus summit, where he announced more attempt to benefit from China member states.
On the political and strategic challenges faced by SCO, Xi said that the member states were “all friends and partners”.
He added that they should respect their differences, strategic communication, create consensus and strengthen solidarity and cooperation.
Speaking at the SCO Plus Summit, XI proposed a global cultural initiative (GCI), which has become a part of the Global Development Initiative (GDI), GLIA) and China’s foreign policy initiatives, to its previous initiatives.
Xi said that member states should benefit from the strong sides of the mega -sized markets and the economic complementary between them and improve trade and investment easier.
Energy, infrastructure, green industry, digital economy, science technology innovation and artificial intelligence.
Xi urged SCO Universal Center and SCO Anti-Trug Center to resist security threats and challenges.
Authorized, the 100 ‘Small and Beautiful’ livelihood project that has these needs in the member states, and the next three years of the next three years, the inter -bank consortium has declared 10 billion RMB (US $ 280 million) financing and an additional 10 billion RMB (USD).
As of next year, China will double the number of SCO scholarships and will launch a SCO innovative doctoral program to jointly educate high -caliber skills in academic and scientific and technological research.
In the next five years, China will establish 10 Luban workshops in SCO member states and provide 10,000 human resources training opportunities.
China is ready to build the Cooperation Center for Artificial Intelligence (AI) and share the dividends of the progress in AI.



