Xinhua
26 Aug 2025, 10:15 GMT+10
A Kyrgyz expert hails China for fulfilling its commitments to support SCO member states without imposing political conditions, saying this approach embodies the Shanghai Spirit, which emphasizes mutual trust, mutual benefit, equality, consultation, respect for diversity of civilizations and pursuit of common development.
BISHKEK, Aug. 26 (Xinhua) -- China plays a significant role in the Shanghai Cooperation Organization (SCO) and is the driving force of its development, a Kyrgyz expert has said.
"China plays a key role in the development of the SCO, and the figures speak for themselves," Kyrgyz expert Igor Shestakov told Xinhua in a recent interview.
From January to July, China's total imports and exports with other SCO members reached 2.11 trillion yuan (about 295 billion U.S. dollars), marking a 3-percent increase year on year. In 2024 alone, China's trade with other SCO members hit 3.65 trillion yuan (about 510 billion dollars), 36.3 times the level recorded when the organization was established.
China is not only expanding trade and economic cooperation but also investing in infrastructure projects that the SCO countries are developing, Shestakov said, stressing the key role of the Belt and Road Initiative (BRI).
China's efforts in developing the SCO and BRI are closely aligned, covering areas such as infrastructure, energy, the digital economy, agriculture and environmental protection, he added.
Hailing China for fulfilling its commitments to support SCO member states without imposing political conditions, Shestakov said this approach embodies the Shanghai Spirit, which emphasizes mutual trust, mutual benefit, equality, consultation, respect for diversity of civilizations and pursuit of common development.
He noted that China is one of the main sources of investments for Central Asian countries, and that the economic development of the SCO countries is closely tied to Chinese investments.
"Large infrastructure projects, such as the China-Kyrgyzstan-Uzbekistan railway, create new trade routes and contribute to the development of the region, especially in the context of a shortage of internal resources," he said.
Attracting investment is an effective way to develop national economies, not only within the SCO but also across the Global South, said Shestakov, adding that China serves as a "model and example" in this regard.
He further emphasized the Global South's advocacy for a multipolar world order -- one that, like the SCO, rejects dominance by any single state. "This is also a very important moment of consolidation among countries of the Global South, with China playing a key role."
Get a daily dose of Hong Kong Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Hong Kong Herald.
More InformationTAIPEI, Taiwan: Chinese President Xi Jinping made a rare and carefully choreographed visit to Tibet this week, timed to coincide with...
HONG KONG/SHANGHAI: Pop Mart CEO Wang Ning said that the Chinese toymaker is not only on track to hit its 2025 revenue target of 20...
A Kyrgyz expert hails China for fulfilling its commitments to support SCO member states without imposing political conditions, saying...
Rajgir (Bihar) [India], August 26 (ANI): In a major boost for fans, Hockey India announced that entry for all matches of the Men's...
Taipei [Taiwan], August 26 (ANI): Taiwan on Tuesday recorded 6 sorties by PLA aircraft, 7 PLAN vessels and 1 official ship operating...
(Photo credit: Robert Deutsch-Imagn Images) Venus Williams, returning to the Grand Slam singles stage for the first time since 2023,...
NEW YORK, New York - U.S. investors and traders were pessimistic in their views on Monday. The broader market was weaker with the Dow...
MENLO PARK, California: Meta Platforms has signed a six-year cloud computing agreement with Google worth more than US$10 billion, a...
NEW YORK CITY, New York: Sony increased the price of its PlayStation 5 consoles in the U.S. by about US$50 from August 21, citing tariff...
MONTREAL/CHICAGO: Air Canada's tentative labor deal with its flight attendants, reached after a crippling strike that grounded thousands...
CHENNAI, India: Multinational cosmetics companies from Japan's Shiseido to France's L'Oreal are stepping up investments in India, viewing...
HONG KONG/SHANGHAI: Pop Mart CEO Wang Ning said that the Chinese toymaker is not only on track to hit its 2025 revenue target of 20...
