China Focus: SCO stresses regional economic growth, backs Chinese proposals

(Xinhua)| Updated : 2018-05-21

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Chinese PremierLi Keqiang(C) presides over the 14th prime ministers' meeting of the Shanghai Cooperation Organization (SCO) in Zhengzhou, capital of central China's Henan Province, Dec. 15, 2015. (Xinhua/Xie Huanchi)

Premier Li proposed an international logistics park in east China's Lianyungang and better cooperation in satellite navigation, adding that the China-Kyrgyzstan-Uzbekistan railway project needs discussions on technological issues as soon as possible.

China has provided 27.1 billion U.S. dollars of credit to SCO members and it said it will do more.

Li called for the steady expansion of the SCO Interbank Consortium, which will fund large projects. China will promote the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank for BRICS to support SCO members' projects, and will consider an SCO development bank at a proper time, he said.

SCO members signed a plan for customs cooperation from 2016 to 2021 after the meeting.

To ensure a sound environment for economic development, China called on SCO members to strengthen security cooperation, implement the Border Control Cooperation Agreement, sign an anti-extremism convention, strengthen the drug control mandate, and support national reconciliation in Afghanistan.

"We should conduct closer security cooperation on the platform of SCO, leaving no room for destabilizing forces," Li said.

Anti-terrorism is high on the agenda this year, particularly SCO members are close to areas where the Islamic State (IS) has been conducting terrorist attacks.

China promised scholarships for 20,000 students from SCO members in each of the next five years.

The leaders agreed the 15th SCO prime ministers' meeting will be held in Kyrgyzstan in 2016.

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