ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CGTN: President Xi highlights friendship, cooperation and multilateralism at SCO Summit

The Shanghai Cooperation Organization Summit 2025 is taking place in China's port city of Tianjin. Since Saturday, Chinese President Xi Jinping has been holding bilateral meetings with visiting foreign leaders. CGTN published an article covering Xi's talks, in which he highlighted the significance of friendship, cooperation and multilateralism in international relations and global governance.

BEIJING, Aug. 31, 2025 (GLOBE NEWSWIRE) -- Chinese President Xi Jinping is holding intensive bilateral meetings with foreign leaders on the sidelines of the Shanghai Cooperation Organization (SCO) Summit in Tianjin, where he has underscored the importance of friendship, practical cooperation and multilateralism.

The summit, from August 31 to September 1, marks the fifth time China has hosted the event and will be the largest in the organization's history. Leaders from more than 20 countries and heads of 10 international organizations will gather in the port city to review the SCO's achievements, chart its future course and push forward toward building a closer SCO community with a shared future.

Emphasizing long-standing friendships

Since Saturday, Xi has been holding bilateral meetings with visiting foreign leaders, highlighting the importance of enduring ties and friendship.

When meeting with Egyptian Prime Minister Mostafa Madbouly, Xi said China and Egypt should be good brothers, firmly supporting each other. Madbouly, in turn, praised China as Egypt's true partner and friend, adding that Egypt is ready to further develop its bilateral relations.

Meeting Cambodian Prime Minister Hun Manet, Xi hailed the "ironclad" China-Cambodia friendship, saying the bilateral friendship has stood the test of time, is rock-solid and a shared asset of the two peoples.

In talks with Myanmar's Acting President Min Aung Hlaing, Xi noted that the "pauk-phaw" friendship between the two peoples is deeply rooted and ever fresh.

Xi also spoke highly of the China-Nepal friendship when meeting with Nepali Prime Minister KP Sharma Oli. He said that China and Nepal, as close neighbors for generations, have jointly written a chapter of good-neighborliness and friendship over the past seven decades.

Expanding practical cooperation

Cooperation was another recurring theme in Xi's meetings.

In talks with Kazakh President Kassym-Jomart Tokayev, Xi urged closer alignment of development strategies and deeper cooperation in energy, infrastructure and policies. With Egypt, he called for greater synergy between China's Belt and Road Initiative (BRI) and Egypt's "Vision 2030," emphasizing cooperation in joint manufacturing and green energy. Xi also highlighted two China-Cambodia joint projects: the Industrial and Technological Corridor (ITC) and the Fish and Rice Corridor (FRC), in talks with Hun Manet.

From the Suez Economic and Trade Cooperation Zone in Egypt to Cambodia's ITC and FRC, from the China-Myanmar Economic Corridor to enhanced connectivity with Nepal, China's BRI remains the central thread linking China's cooperation with SCO partners.

Over the past five years, trade between China and other SCO members has surged, hitting a record $512.4 billion in 2024. A recent CGTN poll showed that over 85 percent of respondents in SCO countries believe China's BRI has achieved remarkable results in promoting connectivity and high-quality development among SCO member states.

Upholding multilateralism and the correct view of WWII history

This year marks the 80th anniversary of the victory of the World Anti-Fascist War and the founding of the United Nations. In a meeting with UN Secretary-General Antonio Guterres, Xi stressed that multilateralism, solidarity, and cooperation are the right answer to global challenges.

He reaffirmed China's commitment to genuine multilateralism and its support for the UN's central role in international affairs, adding that China is willing to deepen cooperation with the UN and jointly safeguard world peace and promote development and prosperity.

Xi and other SCO leaders are expected to issue a statement marking the 80th anniversary of the victory of the World Anti-Fascist War and the founding of the United Nations at the Tianjin summit. According to Foreign Minister Wang Yi, the statement will reaffirm the nation's commitment to a correct view of history, uphold the hard-won fruits of WWII, and call on nations to learn from the past in building a better future.

For more information, please click:
https://news.cgtn.com/news/2025-08-31/Xi-stresses-friendship-cooperation-and-multilateralism-at-SCO-Summit-1GhwqVmzZYs/p.html


Contact: CGTN cgtn@cgtn.com

Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.