Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People's Republic of China – State Council News
BEIJING, July 17 (Xinhua) — The Shanghai Cooperation Organization (SCO) Business Forum was held in Beijing on Thursday, where participants discussed issues on promoting green energy transformation and deepening connectivity within the SCO.
The event, themed “Promoting Shanghai Spirit, Businesses in Action,” was attended by about 400 government and business representatives from China and overseas.
Gao Yunlong, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and Chairman of the All-China Association of Industry and Commerce, noted that the SCO is a regional international organization with the largest territory and population in the world, and trade and economic cooperation is a powerful engine for the dynamic development of the SCO.
According to him, China is ready to work with all parties to further align development strategies, promote improvement of the quality and level of trade and economic cooperation, and ensure stability and continuity of production chains and supply chains.
SCO Secretary General Nurlan Yermekbayev said that the SCO has unique resources and political will to form a model of open, pragmatic and mutually beneficial economic cooperation.
He added that direct interaction between enterprises and investors, as well as between regions, is intended to become a reliable basis for strengthening industrial cooperation, developing new markets and implementing specific projects specifically under the SCO brand.
The President of the Chamber of Commerce and Industry of the Russian Federation, Sergei Katyrin, noted that the powerful economic, natural and human resources possessed by the SCO countries create serious preconditions for the accelerated development of trade between member states and the implementation of joint economic projects.
“The high dynamics of Russia’s trade turnover with the SCO countries is supported by the growth of settlements in national currencies, the share of which currently amounts to more than 92 percent,” said S. Katyrin, adding that increasing multifaceted interaction with SCO partners is one of Russia’s foreign policy priorities.
“In the context of modern global challenges, instability in external markets and rapid digital transformation, we see enormous potential in developing economic ties in the SCO space,” emphasized Temir Sariev, President of the Chamber of Commerce and Industry of the Kyrgyz Republic, noting that Kyrgyzstan welcomes cooperation in the technical, investment and administrative spheres with partners from the SCO countries.
Wang Mingda, a representative of the Marketing and Financing Department of China Energy Engineering Corporation Limited, said that in the future, the company, adhering to the concept of green development, will enhance the coordination and mutual recognition of green standards and norms with the SCO countries, promote the construction of more future cities, smart grids and smart parks in these countries, so as to make China's contribution to the green transformation of the SCO countries.
The event, hosted by the China Council for the Promotion of International Trade (CCPIT), also saw the release of a report on the development of SCO supply chains. -0-
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
.