Chinese President Xi Jinping addressed global challenges and regional collaboration during his keynote speech at the 25th Shanghai Cooperation Organization (SCO) Council of Heads of State meeting in Tianjin on Friday. The event, attended by leaders from SCO member states, highlighted China's commitment to multilateralism and shared economic growth.
President Xi emphasized the need for 'practical cooperation in security, trade, and cultural exchanges' among SCO members, which include countries spanning from the Eurasian steppe to South Asia. He reaffirmed China's support for initiatives combating terrorism, enhancing digital infrastructure, and fostering green energy transitions.
The port city of Tianjin, a hub for international trade, served as a symbolic backdrop for discussions on strengthening connectivity across Asia. Analysts note the summit's focus on stabilizing supply chains and expanding cross-border digital payment systems could offer new opportunities for businesses and investors.
Founded in 2001, the SCO has grown into one of Asia's most influential multilateral platforms, representing over 40% of the global population. This year's meeting also addressed humanitarian aid coordination and cultural preservation efforts, aligning with the organization's 'Shanghai Spirit' principles of mutual trust and non-alignment.
