NEWS

The Shanghai Cooperation Organization Member States fourteenth economic and trade ministers meeting in Shaanxi city of Xi'an province held on the 16 day, the chairman of the meeting China delegation, Minister of Commerce Gao Hucheng led a delegation to attend. The SCO member states, observers, the 16 China Economic and trade ministers dialogue partners, and the SCO Secretariat, the Business Council, United Bank the Eurasian Economic Commission, attended the meeting.

above this meeting the SCO regional economic cooperation and The Belt and Road docking "as the theme, focusing on the SCO regional economic cooperation key issues are discussed, the parties around the implementation of" build the SCO summit July UFA Belt and Road Initiative achieved important results, "reached 9 specific measures.

is a start to develop regional economic cooperation five year development plan. The meeting approved to start <2017 in 2021 to promote the project cooperation measures list >, involving more than more than 10 projects, the total amount of nearly $100 billion.

two is to further promote trade facilitation. The meeting approved the establishment of the working group on trade facilitation, marking the process of entering a new stage of institutional arrangements.

three is a platform for the expansion of trade. After a week, for the first time the SCO countries commodity fair "will be held in Xi'an during the sixth session of the Eurasian Economic Forum, there will be from the 13 SCO member states, observers and dialogue partners about 230 exhibitors >.

four is to carry out cross-border e-commerce cooperation, the parties agreed to explore the establishment of the SCO e-commerce platform.

five is to strengthen investment cooperation. China will promote enterprises to invest in industries such as light textile, household electrical appliances, chemical industry, metallurgy, logistics, agriculture and other fields, and deepen investment and industrial cooperation with other countries..

six is to promote interoperability and cooperation. According to President Xi Jinping proposed "strive to build 4000 km of Railways in a few years, 10000 km of roads, to promote the interconnection pattern in the region of the formation of the goal, the parties agreed to speed up the implementation of the existing cooperation projects, developing regional logistics hub and port construction.

seven is to strengthen financial intermediation. The parties have indicated that they will make full use of China's credit funds and investment bank, silk road fund, the Eurasian Economic Cooperation Fund to carry out investment projects. In addition, they also agreed to carry out currency swaps and currency settlement, to resist financial risks.

eight is to deepen customs cooperation, the parties agreed to effectively carry out commodity valuation, price regulation, information exchange, increase cooperation in customs law enforcement, and create a healthy trade environment for the development of.

nine is a broad observer country and a dialogue partner to participate in regional cooperation,.

Chinese commerce minister Gao Hucheng attended the meeting at the press conference said, China as founder of the SCO, promoters, participants, always with Member States to actively implement the calendar summit and the outcome of the meeting of the prime minister, establish the goal of regional economic cooperation and development, to establish cooperation mechanisms in trade, investment, and achieved interoperability a great progress for regional stability and development continue to inject new vitality and positive energy. At present, the world economic recovery difficult, many countries are facing varying degrees of downtown pressure on the economy. In this context, China is willing to work with the SCO countries to jointly build, and sharing "principle, go forward hand in hand, to overcome the difficulties and more closely cooperation, promote regional cooperation and development of national economy and.

Deputy Secretary General North Rolf said the SCO, the world economy is to promote the adjustment of economic structure, encouraging innovation and economic diversification, strong economic complementarity, to further strengthen regional cooperation to meet the needs of regional stability and development. Chinese as the host of the meeting, put forward at the meeting of the principle of "to build, sharing," the principle of "Chinese" get a positive response of the parties, China to promote regional economic cooperation "Chinese advocates" pointed out the direction for the pressure and the structure adjustment of parties to respond to economic growth.