Xi Jinping Outlines Development Strategy for the SCO

1 SEP 2025 08:40

At the meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO), Xi Jinping made a series of statements that, on the one hand, outline the increase in the SCO's influence, and on the other hand, the growth of Beijing's role in the organization.

The total volume of the economies of the SCO countries is approaching $30 trillion, and the organization's economic influence is growing.
China is ready to join forces with all countries for the high-quality development of the SCO.
China's investments in the economies of other SCO member states have exceeded $84 billion.
Xi Jinping called for the swift launch of the SCO's center for countering security challenges.
SCO countries must resist bloc confrontation and zero-sum games, and protect the international order with the UN at its core.
The SCO should promote a correct understanding of the history of World War II.
He called on SCO participants to strive for mutually beneficial cooperation, where all parties will remain winners.
It is necessary to coordinate development strategies and promote the effective implementation of the "One Belt, One Road" initiative.
China intends to implement 100 small-scale social welfare projects for the needy in SCO countries. For this purpose, member states will be provided with 2 billion yuan (about $280 million) in grant aid this year.
It is necessary to create the SCO development bank as soon as possible to strengthen support for cooperation between member states in the fields of security and economy.