Chinese President Xi Jinping has called for a new global order during the Shanghai Cooperation Organisation (SCO) summit held in Tianjin. Xi Jinping urged member countries to support multipolarity and deepen trade cooperation. He emphasized the need to reject Cold War-style divisions that harm global peace and stability.
At the summit, Xi Jinping highlighted the SCO’s role in promoting a “new type of international relations.” He said the world should focus on fair economic globalization and build a just global governance system. Xi stressed the importance of equal and orderly multipolarization to create a balanced international environment.
Xi Jinping pledged 2 billion yuan (about $280 million) in free aid to SCO members this year. He also promised 10 billion yuan (approximately $1.4 billion) in loans through the SCO banking consortium. These funds aim to boost economic growth and development within member states.
The Chinese president encouraged SCO members to leverage the organization’s large market for trade and investment. He highlighted cooperation in energy, infrastructure, technology, and artificial intelligence as key areas for growth. The SCO now includes 10 permanent members and 16 dialogue and observer states.
World leaders, including Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, attended the summit. Modi met with Xi Jinping to reaffirm that India and China are “development partners, not rivals.” Their talks focused on easing trade tensions amid global uncertainties.
Without directly naming the United States, Xi Jinping criticized Cold War mentalities and called for defending multilateral trade systems. This came after the U.S. imposed tariffs on Indian exports, which drew criticism from developing nations.
In conclusion, Xi Jinping used the SCO summit to promote a vision of a cooperative, fair, and multipolar global order. His message emphasized unity and cooperation among member states to counter divisive global politics.
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