Chinese President Xi Jinping emphasized the importance of multilateral cooperation and economic integration during his address at the Shanghai Cooperation Organization (SCO) Plus meeting in Tianjin on Monday. The event, hosted in the northern port city, brought together representatives from SCO member states and observer nations to discuss regional security, trade, and sustainable development.
Xi highlighted China's commitment to fostering 'win-win partnerships' across Eurasia, stressing the need for 'peaceful coexistence and mutual respect' amid global geopolitical uncertainties. He reiterated the SCO's role in stabilizing supply chains and advancing digital infrastructure projects, particularly under the Belt and Road Initiative framework.
The meeting also addressed counterterrorism strategies and climate change mitigation, with Xi announcing plans for a new cross-border renewable energy network. Analysts suggest the proposals could create opportunities for businesses in green technology and logistics across Central and South Asia.
As Tianjin positions itself as a hub for international diplomacy, the city's upgraded free trade zone is expected to facilitate increased cross-border investment. The SCO Plus format, which includes dialogue partners like Türkiye and Saudi Arabia, reflects growing interest in Asia-led economic frameworks.
