Xi calls for further carrying forward Shanghai Spirit

ISLAMABAD, Jun 10 (APP):Chinese President Xi called for further carrying forward the Shanghai Spirit to surmount difficulties, defuse risks and meet challenges.
While delivering the speech at the Shanghai Cooperation Organization Summit on Sunday, President Xi said world should reject the Cold War mentality and oppose the practices of seeking absolute security of oneself at the expense of the security of other countries, reported China Daily.
He said democracy in international relations is an unstoppable trend of the times.
Xi said the pursuit of cooperation for mutual benefit represents a surging trend in this global village where countries’ interests and future are interconnected.
President Xi announced that China will set up a 30-billion-yuan ($4.7 billion) equivalent special lending facility within the framework of the Inter-Bank Consortium of the Shanghai Cooperation Organization.
President Xi said in the next three years, China will provide 3,000 training opportunities of human resources development for SCO member states to enhance public understanding of and support for the SCO family.
China is willing to provide meteorological services to all parties using its Fengyun-2 weather satellites, Xi said.
“China welcomes all parties to the first China International Import Expo to be held in Shanghai in November this year,” Xi said.
The Chinese government supports the opening of a demonstration area in Qingdao for China-SCO local economic and trade cooperation, and will set up a committee of legal services for SCO members to provide legal support for economic and trade cooperation, he said.
Efforts need to be made to intensify exchanges and cooperation with SCO observer states, dialogue partners, and other countries in the region, Xi added.
President Xi said SCO member states also need to enhance partnerships with the United Nations and other international and regional organizations, and engage in dialogue with the International Monetary Fund, the World Bank and other financial institutions.