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16:33 01.09.2025 •
Chinese President Xi Jinping chairs the 25th Meeting of the Council of Heads of State of the Shanghai Cooperation Organization (SCO) and delivers a speech titled "Staying True to SCO Founding Mission And Ushering in a Better Future" in Tianjin, north China, Sept. 1, 2025.
Photo: Xinhua
Chinese President Xi Jinping on Monday proposed the Global Governance Initiative (GGI), calling on countries to work in concert for a more just and equitable global governance system, Xinhua reports.
Xi made the remarks when chairing the "Shanghai Cooperation Organization (SCO) Plus" Meeting in north China's port city of Tianjin, where the SCO held the largest summit in its 24-year history, attended by leaders from more than 20 countries and heads of 10 international organizations.
Xi highlighted five principles of the GGI – adhering to sovereign equality, abiding by international rule of law, practicing multilateralism, advocating the people-centered approach, and focusing on taking real actions.
While the historical trends of peace, development, cooperation and mutual benefit remain unchanged, the Cold War mentality, hegemonism and protectionism continue to haunt the world, Xi said, adding that new threats and challenges have been only increasing, and the world has found itself in a new period of turbulence and transformation.
"Global governance has come to a new crossroads," he said.
This year marks the 80th anniversary of the victory in the World Anti-Fascist War and the 80th founding anniversary of the United Nations (UN). Xi stressed firmly safeguarding the status and authority of the UN, and ensuring its irreplaceable and key role in global governance.
He said that all countries, regardless of size, strength and wealth, are equal participants, decision-makers, and beneficiaries in global governance.
"There should be no double standards, and the house rules of a few countries must not be imposed upon others," Xi noted.
Xi said the SCO should step up to play a leading role and set an example in carrying out the GGI, and remain a force for stability in this volatile world.
The 25th Meeting of the Council of Heads of State of the Shanghai Cooperation Organization (SCO)
Photo: Xinhua
Chinese President Xi Jinping on Monday called on Shanghai Cooperation Organization (SCO) members to forge ahead with solid steps for a better future as the organization convenes its largest-ever summit in China's port city of Tianjin, Xinhua reports.
Addressing the 25th Meeting of the Council of Heads of State of the SCO, Xi called on the member states to carry forward the Shanghai Spirit in a world fraught with challenges and changes, and better tap into the organization's potential.
Groundbreaking achievements
Founded in Shanghai in June 2001, the SCO has expanded from six founding members into the world's largest regional organization with cooperation covering more than 50 areas and a combined economic output of nearly 30 trillion U.S. dollars.
"Its international influence and appeal are increasing day by day," Xi said, hailing "groundbreaking and historic achievements" in SCO development and cooperation.
The organization was the first to set up a military confidence-building mechanism in border areas and launch Belt and Road cooperation. "We were the first to conclude a treaty on long-term good-neighborliness, friendship and cooperation, proclaiming our commitment to forging lasting friendship and refraining from hostilities," he said.
The member states were also the first to put forth the vision of global governance featuring extensive consultation and joint contribution for shared benefit as an effort to practice true multilateralism.
"We should advocate an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization, and make the global governance system more just and equitable," he added.
More pragmatic actions
Xi called on SCO member states to stay true to the organization's founding mission, and promote its sound and sustained development with greater resolve and more practical measures.
SCO member states should seek common ground while putting aside differences, pursue mutual benefit and win-win results, champion openness and inclusiveness, uphold fairness and justice, and strive for real results and high efficiency, according to Xi.
"SCO member states are all friends and partners," he said, calling on them to respect their differences, maintain strategic communication, build up consensus, and strengthen solidarity and collaboration.
Xi said the member states should leverage the strengths of their mega-sized markets and economic complementarity, and improve trade and investment facilitation.
He expected cooperation to be enhanced in areas such as energy, infrastructure, green industry, digital economy, sci-tech innovation and artificial intelligence, as well as an SCO development bank to be established as soon as possible.
To ensure better development of the SCO with real actions, Xi announced that China will provide 2 billion yuan (about 281 million U.S. dollars) in grant to other SCO member states within this year, and issue an additional 10 billion yuan in loan to the member banks of the SCO Interbank Consortium over the next three years.
China's investment stock in other SCO member states has exceeded 84 billion U.S. dollars, and its annual bilateral trade with other SCO member states has surpassed 500 billion U.S. dollars.
Leaders of SCO member states, as well as SCO Secretary-General Nurlan Yermekbayev, and Director of the Executive Committee of the SCO Regional Anti-Terrorist Structure Ularbek Sharsheev, delivered speeches at the meeting.
In the face of a turbulent world, SCO member states should enhance strategic coordination, reject unilateralism, hegemony and protectionism, improve the global governance system, and uphold international fairness and justice, they said.
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